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Fairchild Announces Appointment of New Chief Financial Officer

NEWS RELEASE                                                                                              

June 16, 2016                                                                                    

                                                                 

Fairchild Announces Appointment of New Chief Financial Officer

Green Bay, WI – Fairchild Equipment is pleased to announce that Steven Frank has been appointed as Chief Financial Officer. The position was created in light of numerous asset acquisitions and business expansions in the last year and a half. The new CFO will be able to assist Fairchild Equipment develop a strategic plan for current and future growth.

Frank brings more than 20 years of experience in the public accounting realm and public utilities industry. He has worked in several areas of expertise ranging from benefit plans, accounting and financial reporting, treasury functions, budgeting and forecasting and many more projects. Frank received his Bachelors of Science from the University of Wisconsin – Green Bay and majored in both Finance and Accounting.

“I am excited to join a dynamic and growing organization in a critical industry,” said Steven Frank, Chief Financial Officer. “I look forward to building relationships and helping in the continuing success of Fairchild Equipment.  I will be doing strategic financial planning and leading a great team of financial professionals.”

In addition to his abundant knowledge, Frank is family man who grew up in the local Fox Valley community. He has remained nearby with his wife and six children living in the greater Green Bay area. Actively involved with his family and children’s education, Fairchild Equipment Executives felt Frank’s values and knowledge blended well with the culture.

Gary Fairchild, CEO and President of Fairchild Equipment said, “As you may know, we have grown from a group of eight employees in 1985 and one location to our current 250 members of the company and nine locations. Our growth, coupled with expansion plans, required we add to our accounting side of the business.  Along with his normal accounting skills, Steve brings considerable experience in mergers and acquisitions.”

Fairchild Equipment is proud to have a distinguished new member added into its business family in the unique industry segment of industrial equipment distribution.

Fairchild Equipment is a leading distributor for materials handling, warehouse, construction and agriculture equipment in Minnesota, Wisconsin, Upper Michigan and Northern Illinois. With a commitment to exceed industry standards, Fairchild Equipment proudly represents strong manufacturer product lines that perform with productivity, efficiency and innovation. Fairchild Equipment is recognized by Hyster-Yale as a distinguished dealer for their products and has also received the MVP award by MHEDA (Materials Handling Equipment Distributors Association). Additional company information can be found on its website, www.fairchildequipment.com.

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