ARC Group Worldwide Announces new Chief Financial Officer
November 30 2017 - 4:00PM
ARC Group Worldwide, Inc. (“ARC” or the “Company”)
(NASDAQ:ARCW), a leading global provider of advanced manufacturing
and metal 3D printing solutions, today announced the appointment of
Mr. R. Brian Knaley as the Company’s new Chief Financial
Officer. Mr. Knaley will replace current Chief Financial
Officer, Mr. Kelley, who will remain with the Company as Interim
Chief Executive Officer.
Mr. Knaley is a highly experienced financial executive with a
diverse knowledge of accounting, finance, mergers and acquisitions,
divestitures, and operations management. In particular, he
held several senior leadership positions with Spectranetics
Corporation, a developer and manufacturer of single-use medical
devices, Arcelormittal USA, a steel and mining company, and
Caterpillar Tunneling. Overall, Mr. Knaley brings nearly 25
years of experience in accounting, audit, finance, IT, treasury and
risk management.
Commenting on the appointment, Mr. Kelley said, “We are excited
to have Brian join our leadership team at an important point in our
Company’s evolution. Brian understands managing, leading, and
most importantly, driving results in the complex, global advanced
manufacturing environment. I am confident that his accounting
and finance expertise is well suited to guide ARC’s current fiscal
discipline undertakings as well as long-term growth.”
Mr. Knaley is a CPA and received his Bachelor of Arts from
Thomas More College.
About ARC Group Worldwide, Inc.
ARC Group Worldwide, Inc. is a global advanced manufacturing and
metal 3D printing service provider focused on accelerating speed to
market for its customers. ARC provides a holistic set of
precision manufacturing solutions, from design and prototyping
through full run production. These solutions include metal
injection molding, metal 3D printing, metal stamping, plastic
injection molding, clean room injection molding, thixomolding, and
rapid and conformal tooling. Further, ARC utilizes technology
to improve automation in manufacturing through robotics, software
and process automation, and lean manufacturing to improve
efficiency.
Forward Looking Statements
This press release may contain “forward-looking” statements as
defined in the Private Securities Litigation Reform Act of 1995,
which are based on ARC’s current expectations, estimates and
projections about future events. These include, but are not
limited to, statements, if any, regarding business plans, pro-forma
statements and financial projections, ARC’s ability to expand its
services and realize growth. These statements are not
historical facts or guarantees of future performance, events or
results. Such statements involve potential risks and
uncertainties, and the general effects of financial, economic, and
regulatory conditions affecting our industries. Accordingly,
actual results may differ materially. ARC does not have any
obligation to publicly update or revise any forward-looking
statements, whether as a result of new information, future events,
or otherwise. For further information on risks and
uncertainties that could affect ARC’s business, financial condition
and results of operations, readers are encouraged to review Item
1A. – Risk Factors and all other disclosures appearing in ARC’s
Form 10-K for the fiscal year ended June 30, 2017, as well as other
documents ARC files from time to time with the Securities and
Exchange Commission.
PHONE: (303) 467-5236Email:
InvestorRelations@ARCW.com
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