Raven Industries Announces New Chief Financial Officer

Rhea-AI Summary

Raven Industries (NASDAQ: RAVN) has appointed Taimur Sharih as the new Chief Financial Officer, effective March 1. Sharih brings over 25 years of global leadership experience in finance, previously serving as CFO at A&R Logistics and in various roles at Praxair. His appointment aligns with Raven's strategic goals aimed at driving transformational growth. Sharih succeeds Steven Brazones, who now leads the Applied Technology Division. Raven Industries is recognized for its innovative solutions in precision agriculture, specialty films, and aerospace.

Positive

• Appointment of Taimur Sharih as CFO may enhance financial strategy and performance.
• Sharih's extensive experience in large operations could benefit Raven's growth initiatives.

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• None.

Raven Industries, Inc. (the Company; NASDAQ:RAVN), a diversified technology leader in agriculture, high-performance specialty films, and aerospace and defense solutions, announced the appointment of Taimur Sharih as Chief Financial Officer, effective March 1.

“Taimur’s leadership and track record of driving results and transformational growth fits exceptionally well with Raven’s bold strategy,” said Dan Rykhus, President and Chief Executive Officer. “Taimur brings 25 years of leadership and financial experience in a variety of businesses and global markets, where he’s been responsible for supporting sizeable operations and leading high-performing teams. I believe his experience and leadership will serve our Company and stakeholders well as we undergo another exciting, pivotal point in Raven’s history.”

Mr. Sharih most recently served as Senior Vice President and CFO of A&R Logistics, a $400 million chemical supply chain services company where he was responsible for implementing a strategic value creation plan and realigning the finance organization to better serve the needs of the business units. Prior to that, he was the CFO for Acetyl Intermediates, a division of Celanese Corporation (NYSE:CE). Additionally, Mr. Sharih spent 14 years at Praxair (NYSE:PX) in various financial roles, including Vice President of Finance for the U.S. Industrial and Asia markets and Chief of Staff.

“I am excited to join Raven as CFO and to lead its finance areas,” Mr. Sharih commented, “but most of all, I’m looking forward to driving future success as the company continues to execute its bold and exciting strategy.”

Mr. Sharih succeeds Steven Brazones, who transitioned earlier this year into leading the Company’s Applied Technology Division.

About Raven Industries, Inc.

Raven Industries (NASDAQ: RAVN) provides innovative, high-value products and systems that solve great challenges throughout the world. Raven is a leader in precision agriculture, high-performance specialty films, and aerospace and defense solutions, and the company’s groundbreaking work in autonomous systems is unlocking new possibilities in areas like farming, national defense, and scientific research. Since 1956, Raven has designed, produced, and delivered exceptional solutions, earning the company a reputation for innovation, product quality, and unmatched service. For more information, visit https://ravenind.com.

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FAQ

Who is the new CFO of Raven Industries?

Taimur Sharih has been appointed as the new CFO of Raven Industries, effective March 1.

What experience does Taimur Sharih bring to Raven Industries?

Taimur Sharih has over 25 years of experience in finance, previously serving as CFO for A&R Logistics and holding various roles at Praxair.

When did the new CFO of Raven Industries start?

Taimur Sharih began his role as CFO on March 1.

What is Raven Industries known for?

Raven Industries is recognized for its innovative solutions in precision agriculture, specialty films, and aerospace and defense.