SPX Announces Appointment of Jamie Harris as Chief Financial Officer
SPX Corporation (NYSE:SPXC) has appointed Jamie E. Harris as Vice President, Chief Financial Officer, and Treasurer, effective August 17, 2020. Harris brings over 20 years of executive financial experience, previously serving as CFO of Elevate Textiles and Coca-Cola Consolidated. He will replace Scott Sproule, who is retiring but will assist during the transition. CEO Gene Lowe expressed confidence in Harris's ability to drive growth and operational excellence amidst challenging market conditions, aiming to position SPX for future success.
- Appointment of Jamie E. Harris brings significant CFO experience to SPX.
- Harris's track record includes leadership roles that align with SPX’s growth strategy.
- Scott Sproule's retirement may create continuity concerns during the transition.
CHARLOTTE, N.C., July 16, 2020 (GLOBE NEWSWIRE) -- SPX Corporation (NYSE:SPXC) today announced the appointment of James (“Jamie”) E. Harris as Vice President, Chief Financial Officer and Treasurer, effective August 17, 2020. Mr. Harris joins SPX with extensive executive leadership experience, including more than 20 years in Chief Financial Officer and board of director positions, largely with public companies. Scott Sproule, who is retiring from his role as Vice President, Chief Financial Officer and Treasurer, continues to serve as an officer of SPX and will remain with the company during the transition period.
Gene Lowe, President and CEO, commented, “We are very pleased to welcome Jamie to the SPX team. His impressive track record of success in driving strategic planning, continuous improvement and growth is an excellent fit with SPX’s value creation roadmap, which has become increasingly focused on growth and operational excellence initiatives. As we progress through the current challenging environment, Jamie’s depth of experience leading change as a public company CFO will help position SPX for continued success.”
Mr. Harris joins SPX from Elevate Textiles, Inc., a private equity portfolio company, where he served as Chief Financial Officer prior to being promoted to interim Chief Executive Officer in March 2020. Before joining Elevate in 2019, Mr. Harris spent over ten years with Coca-Cola Consolidated Inc. (NASDAQ: COKE), the largest independent Coca-Cola bottler in the United States, where he served as Senior Vice President – Chief Financial Officer, eventually becoming Executive Vice President – Business Transformation and Business Services. His prior executive roles include senior financial positions with MedCath Corporation, Fresh Foods Inc., and The Shelton Companies. He began his career as an auditor with Ernst & Young. Mr. Harris holds a Bachelor of Science in Accounting degree from Appalachian State University and an MBA from Wake Forest University. He is a Certified Public Accountant.
About SPX Corporation: SPX Corporation is a supplier of highly engineered products and technologies, holding leadership positions in the HVAC, detection and measurement, and engineered solutions markets. Based in Charlotte, North Carolina, SPX Corporation had approximately
SOURCE SPX Corporation.
Investor and Media Contacts:
Paul Clegg, VP, Investor Relations and Communications
Phone: 980-474-3806
E-mail: spx.investor@spx.com
Pat Uotila, Manager, Investor Relations
Phone: 980-474-3806
E-mail: spx.investor@spx.com
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