Barnes Group Inc. Announces CFO Transition
02 Noviembre 2020 - 3:30PM
Business Wire
Barnes Group Inc. (NYSE: B), a global provider of highly
engineered products, differentiated industrial technologies, and
innovative solutions, today announced that its Senior Vice
President, Finance & Chief Financial Officer, Chris Stephens,
has informed the Company he has been recruited to become the Chief
Financial Officer at a larger public company and that he will be
leaving the Company. Stephens, who has served as CFO since joining
Barnes Group in January 2009, will continue in that role until
December 31, 2020 to assist in a smooth transition.
Marian Acker, who currently serves as Vice President, Controller
will assume the role of interim CFO effective upon Mr. Stephens’s
departure. Acker has worked at Barnes Group for 27 years as a
finance executive in several roles of increasing responsibility
including Group Controller, Barnes Aerospace and Assistant
Corporate Controller. The Company will initiate a search process to
identify a permanent CFO that will include both internal and
external candidates.
“Having worked in close partnership with Chris in developing and
executing on our profitable transformation and growth strategy, I
am grateful for his significant impact in transforming our business
and delivering value to our shareholders,” said Patrick J. Dempsey,
President and Chief Executive Officer of Barnes Group Inc. “It is
no surprise that other major companies would seek to benefit from
Chris’s outstanding knowledge and experience. On behalf of the
entire Barnes Group team, I want to thank Chris for his many
contributions and leadership over the last 11 years. We wish him
all the best,” added Dempsey.
“Marian’s deep knowledge of Barnes Group and her dedication and
contributions to the profitable growth of the Company make her an
ideal person to lead our finance team as we work to identify a
permanent CFO. She has my and the Board’s full trust and confidence
as she takes on this new role,” continued Dempsey.
Mr. Stephens added, “It has been a privilege to work with such
an exceptional team during my time at Barnes Group. As I take the
next step in my career, I am confident that the Company’s growth
strategy and ongoing transformation will continue to bring further
success under the leadership of Patrick, the executive team, and
the Board.”
About Barnes Group
Barnes Group Inc. (NYSE: B) is a global provider of highly
engineered products, differentiated industrial technologies, and
innovative solutions, serving a wide range of end markets and
customers. Its specialized products and services are used in
far-reaching applications including aerospace, transportation,
manufacturing, automation, healthcare, and packaging. Barnes
Group’s skilled and dedicated employees around the globe are
committed to the highest performance standards and achieving
consistent, sustainable profitable growth. For more information,
visit www.BGInc.com.
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Barnes Group Inc. William Pitts Director, Investor Relations
860.583.7070
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