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- MtronPTI Appoints Cameron Pforr as CFO to Drive Strategic Growth
MtronPTI Appoints Cameron Pforr as CFO to Drive Strategic Growth
Slice of Manufacturing Team
October 10, 2024
Key Highlights:
Cameron Pforr joins MtronPTI as Chief Financial Officer, effective October 3, 2024.
MtronPTI aims to meet or exceed 2024 revenue guidance of $46-48 million with 19-21% EBITDA.
Strong performance in defense-related sales, including missile programs and satellite platforms.
Mr. Pforr brings extensive experience in M&A and corporate development.
Focus on enhancing shareholder value and accelerating growth in the defense and aeronautics sectors.
Source: Business Wire
Notable Quotes:
"His extensive leadership experience will be an invaluable asset to the team and will play an integral role within the finance team to continue to deliver profitable growth."
"He brings complimentary skills needed to help the Company achieve its next level of performance. MtronPTI helps our nation meet many of its critical security requirements and it is essential that we continue to grow these capabilities in the United States."
"I look forward to helping accelerate that growth and develop the Company into one of the leading RF solution providers to the defense and aeronautics industries."
Our Take:
The appointment of Cameron Pforr as CFO is a strategic move by MtronPTI, aiming to bolster the company’s growth trajectory and reinforce its presence in the defense and aerospace markets. With Mr. Pforr’s proven expertise in financial management, M&A, and corporate strategy, MtronPTI is well-positioned to achieve its ambitious revenue goals for 2024. His experience with government entities and in driving business transformations aligns seamlessly with MtronPTI’s ongoing efforts to expand its capabilities in the United States, particularly in high-priority sectors like space, radar, and UAV programs. This leadership change is a timely reinforcement as MtronPTI continues to capitalize on defense sector demand.