BOCA RATON, Fla., Oct. 06, 2021 (GLOBE NEWSWIRE) — Xeriant, Inc. (OTCQB:XERI) (“the Company” or “Xeriant”), an aerospace technology company, announced today the appointment of Alfred Rapetti to its Advisory Board. Rapetti has had a distinguished career in aerospace, energy and finance, and his multiple disciplines have allowed him to launch, acquire, structure and capitalize specialized businesses across the globe.
“Al Rapetti's decades of leadership in investment banking and strategic corporate advisory services, coupled with his direct operational and financial experience in the aviation industry, make him an invaluable asset to Xeriant. While XTI Aircraft has decided not to exhibit at the 2021 NBAA Conference in Las Vegas as they did in 2019, I am looking forward to introducing Al to the XTI team members that attend the show,” stated Ted DeFeudis, Director of Xeriant.
Rapetti was the Managing Director of Stamford Capital Group, an investment and merchant bank that accomplished 255 acquisitions valued at over $4 billion during his nine-year tenure. After retiring from Stamford Capital Group, Rapetti purchased and became Executive Chairman of Avantair, a fractional aircraft ownership company which he transformed into a major industry player, growing its equity value from $25 million to over $100 million within a …
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