SAN DIEGO, April 10, 2018 /PRNewswire/ -- Cubic
Corporation (NYSE: CUB) today announced its Cubic Global
Defense (CGD) business division welcomed Sean Palleschi as vice president, financial
operations and controller. Palleschi will be responsible for the
general and cost accounting activities for CGD and will be the key
financial advisor to the business division president, Dave Buss. He will drive the financial planning
process, including the analysis of return on investments and will
execute measures to increase profit and cash flow.
"We are pleased to welcome Sean to our Cubic family," said
Dave Buss, president of Cubic Global
Defense. "Sean's extensive background in operational finance and
prior experience as controller for a number of corporate business
units makes him a strong asset to the CGD leadership team as we
continue to strengthen our global business."
Prior to joining Cubic, Palleschi was the regionals and geared
turbofan (GTF) associate finance director for UTAS Aerostructures,
where he led the full profit and loss; balance sheet and controls;
and compliance responsibility for nine regionals and GTF programs.
Palleschi also completed a 14-year career with Pratt & Whitney
where he served in a number of finance leadership roles, spanning
various business units. His roles included finance controller and
transition manager for the company's Military Auxiliary Power
Engines unit, financial planning and analysis manager for AeroPower
as well as controller, business practices officer for manufacturing
operations.
Palleschi holds a Bachelor of Science in Finance from the
University of Connecticut and a Masters
of Business Administration from the University
of Massachusetts at Amherst.
About Cubic Corporation
Cubic is a market-leading, technology provider of integrated
solutions that increase situational understanding for
transportation, defense, C4ISR and training customers worldwide to
decrease urban congestion and improve the militaries' effectiveness
and operational readiness. Cubic Transportation Systems is a
leading integrator of payment and information technology and
services to create intelligent travel solutions for transportation
authorities and operators. Cubic Mission Solutions provides
networked Command, Control, Communications,
Computers, Intelligence, Surveillance and Reconnaissance
(C4ISR) capabilities for defense, intelligence, security and
commercial missions. Cubic Global Defense is a leading provider of
live, virtual, constructive and game-based training solutions,
special operations and intelligence services for the U.S. and
allied forces. For more information about Cubic, please visit the
company's website at www.cubic.com or on Twitter
@CubicCorp.
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SOURCE Cubic Corporation