Nortech Systems, a leading provider of full-service electronics manufacturing services (EMS), recently announced the appointment of Andrew LaFrence as its new Chief Financial Officer (CFO) and Senior Vice President of Finance. LaFrence brings with him a wealth of experience and expertise in financial management, strategic planning, and operational excellence.
LaFrence’s appointment comes at a crucial time for Nortech Systems as the company continues to expand its operations and strengthen its position in the EMS industry. With over 20 years of experience in finance and accounting, LaFrence is well-equipped to lead the company’s financial operations and drive its growth strategy.
Prior to joining Nortech Systems, LaFrence held various leadership positions in finance and operations at several prominent companies. Most recently, he served as the CFO and Vice President of Finance at a leading medical device manufacturer, where he played a key role in driving financial performance and implementing cost-saving initiatives.
In his new role, LaFrence will be responsible for overseeing all financial aspects of Nortech Systems’ operations, including financial planning and analysis, budgeting, forecasting, and risk management. He will also work closely with the executive team to develop and execute strategic initiatives that support the company’s long-term growth objectives.
LaFrence’s strong background in financial management and his ability to drive operational efficiencies will be instrumental in helping Nortech Systems navigate the challenges and opportunities in the rapidly evolving EMS industry. His expertise in financial analysis and strategic planning will enable the company to make informed decisions and optimize its financial performance.
Commenting on his appointment, LaFrence expressed his excitement about joining Nortech Systems and contributing to its continued success. He emphasized his commitment to driving financial excellence and supporting the company’s growth initiatives. LaFrence also highlighted the importance of collaboration and teamwork in achieving these goals.
Nortech Systems’ CEO, Rich Wasielewski, expressed his confidence in LaFrence’s ability to lead the company’s financial operations effectively. He praised LaFrence’s track record of success and his strategic mindset, which aligns with Nortech Systems’ vision for the future.
With LaFrence at the helm of its financial operations, Nortech Systems is well-positioned to capitalize on the growing demand for EMS services and strengthen its market position. His appointment reflects the company’s commitment to attracting top talent and investing in its leadership team to drive sustainable growth.
In conclusion, Andrew LaFrence’s appointment as CFO and Senior Vice President of Finance at Nortech Systems is a significant development for the company. His extensive experience in financial management and strategic planning will be invaluable in supporting the company’s growth objectives. With LaFrence’s leadership, Nortech Systems is poised to achieve new heights in the EMS industry and deliver exceptional value to its customers and shareholders.
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