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TechPrecision Announces New Chief Financial Officer

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TechPrecision (Nasdaq:TPCS) has announced the appointment of Richard D. Roomberg, CPA, CMA, as its new Chief Financial Officer (CFO), effective September 20, 2024. Roomberg, who holds a Bachelor of Science degree in Accounting from Pennsylvania State University, brings extensive experience as a Chief Accounting Officer and Senior Financial Executive.

His expertise includes reporting complex financial transactions, completing over ten Mergers and Acquisition transactions, and ensuring accounting compliance. Barbara Lilley, the previous CFO, has transitioned to the role of Controller. The company's management and Board expressed gratitude for Lilley's hard work during the past year.

TechPrecision (Nasdaq:TPCS) ha annunciato la nomina di Richard D. Roomberg, CPA, CMA come nuovo Direttore Finanziario (CFO), a partire dal 20 settembre 2024. Roomberg, che possiede una laurea in Scienze Economiche presso la Pennsylvania State University, vanta una vasta esperienza come Chief Accounting Officer e Senior Financial Executive.

La sua esperienza include la reportistica di transazioni finanziarie complesse, il completamento di oltre dieci operazioni di fusione e acquisizione e l'assicurazione della conformità contabile. Barbara Lilley, il CFO precedente, è stata assegnata al ruolo di Controller. La direzione e il Consiglio dell'azienda hanno espresso gratitudine per il duro lavoro di Lilley nell'ultimo anno.

TechPrecision (Nasdaq:TPCS) ha anunciado el nombramiento de Richard D. Roomberg, CPA, CMA como su nuevo Director Financiero (CFO), con efecto a partir del 20 de septiembre de 2024. Roomberg, que tiene una licenciatura en Ciencias Contables de la Universidad Estatal de Pensilvania, aporta una amplia experiencia como Director de Contabilidad y Ejecutivo Financiero Senior.

Su experiencia incluye la elaboración de informes de transacciones financieras complejas, la finalización de más de diez transacciones de fusiones y adquisiciones, y la garantía de cumplimiento contable. Barbara Lilley, la CFO anterior, ha pasado al rol de Controlador. La dirección y la Junta de la empresa expresaron su gratitud por el arduo trabajo de Lilley durante el año pasado.

테크프리시전 (Nasdaq:TPCS)은 리차드 D. 룸버그, CPA, CMA를 새로운 최고재무책임자 (CFO)로 임명했다고 발표했으며, 이는 2024년 9월 20일부터 효력을 발휘합니다. 룸버그는 펜실베니아 주립대학교에서 회계학 학사 학위를 보유하고 있으며, 최고 회계 책임자 및 선임 재무 임원으로서 풍부한 경험을 가지고 있습니다.

그의 전문 분야에는 복잡한 재무 거래 보고, 10건 이상의 인수합병 거래 완료, 및 회계 준수 보장이 포함됩니다. 이전 CFO인 바바라 릴리는 재무 관리자로 직무가 변경되었습니다. 회사의 경영진과 이사회는 지난 한 해 동안 릴리의 수고에 감사의 뜻을 전했습니다.

TechPrecision (Nasdaq:TPCS) a annoncé la nomination de Richard D. Roomberg, CPA, CMA en tant que nouveau Directeur Financier (CFO), prenant effet le 20 septembre 2024. Roomberg, qui détient un diplôme de Bachelor of Science en Comptabilité de l'Université d'État de Pennsylvanie, apporte une vaste expérience en tant que Responsable Comptable et Cadre Financier Senior.

Son expertise comprend la déclaration de transactions financières complexes, la réalisation de plus de dix opérations de fusion et d'acquisition, et l'assurance de la conformité comptable. Barbara Lilley, l'ancienne CFO, a été promue au poste de Contrôleur. La direction de l'entreprise et le Conseil ont exprimé leur gratitude pour le travail acharné de Lilley au cours de l'année écoulée.

TechPrecision (Nasdaq:TPCS) hat die Ernennung von Richard D. Roomberg, CPA, CMA zum neuen Chief Financial Officer (CFO) bekannt gegeben, die am 20. September 2024 wirksam wird. Roomberg, der einen Bachelor of Science in Rechnungswesen von der Pennsylvania State University besitzt, bringt umfassende Erfahrung als Chief Accounting Officer und Senior Financial Executive mit.

Seine Fachkenntnisse umfassen die Berichterstattung über komplexe Finanztransaktionen, die Durchführung von über zehn Fusionen und Übernahmen sowie die Sicherstellung der Rechnungslegungsstandards. Barbara Lilley, die frühere CFO, hat die Rolle der Controller übernommen. Das Management und der Vorstand des Unternehmens drückten ihre Dankbarkeit für Lilleys harte Arbeit im vergangenen Jahr aus.

Positive
  • Appointment of a new CFO with extensive financial leadership experience
  • New CFO has expertise in complex financial transactions and M&A
  • Previous CFO remains with the company in a Controller role, ensuring continuity
Negative
  • None.

WESTMINSTER, MA / ACCESSWIRE / September 23, 2024 / Today, TechPrecision Corporation (Nasdaq:TPCS) ("TechPrecision" or "we," "us" or "our") announced that it has appointed a new Chief Financial Officer (CFO).

TechPrecision is proud to announce that on September 19, 2024, it entered into an employment agreement with Richard D. Roomberg, CPA, CMA, to become its CFO effective September 20, 2024. Management and the Board would like to thank Barbara Lilley for her hard work during this very difficult last year and note that with Mr. Roomberg's appointment, she has stepped down as CFO to become Controller.

Mr. Roomberg has a Bachelor of Science degree in Accounting from Pennsylvania State University. He has been the Chief Accounting Officer and Senior Financial Executive with several corporations and has diverse corporate financial leadership experience in public and private accounting. Recognized as a financial expert by George Mason University, he has extensive experience reporting complex financial transactions - completing over ten Mergers and Acquisition transactions - and solving business problems by ensuring accounting compliance.

About TechPrecision Corporation

Through our wholly owned subsidiaries, Ranor, Inc. and STADCO, we manufacture large-scale, metal fabricated and machined precision components and equipment. These products are used predominantly in the defense, aerospace, and precision industrial markets. Our goal is to be an end-to-end service provider to our customers by furnishing customized solutions for completed products requiring custom fabrication and machining, assembly, inspection, and testing. To learn more about us, please visit our website at www.techprecision.com. Information on our website or any other website does not constitute a part of this press release.

Company Contact:

Investor Relations Contact:

Mr. Richard D. Roomberg

Hayden IR

Chief Financial Officer

Brett Maas

TechPrecision Corporation

Phone: 646-536-7331

Tel: 978-883-5108

Email: brett@haydenir.com

Email: roombergr@ranor.com

www.techprecision.com

SOURCE: TechPrecision Corp



View the original press release on accesswire.com

FAQ

Who is the new CFO of TechPrecision (TPCS)?

Richard D. Roomberg, CPA, CMA, has been appointed as the new Chief Financial Officer of TechPrecision (TPCS), effective September 20, 2024.

When did TechPrecision (TPCS) announce the appointment of its new CFO?

TechPrecision (TPCS) announced the appointment of its new CFO on September 23, 2024.

What happened to TechPrecision's (TPCS) previous CFO?

TechPrecision's previous CFO, Barbara Lilley, has stepped down from the role and transitioned to the position of Controller within the company.

What qualifications does TechPrecision's (TPCS) new CFO have?

Richard D. Roomberg, the new CFO of TechPrecision (TPCS), has a Bachelor of Science degree in Accounting from Pennsylvania State University, is a CPA and CMA, and has experience as a Chief Accounting Officer and Senior Financial Executive.

Techprecision Corporation

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Metal Fabrication
Fabricated Structural Metal Products
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United States of America
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