Benchmark Electronics, Inc. (NYSE: BHE) has made a significant appointment, with Bryan Schumaker taking on the role of Chief Financial Officer (CFO) effective October 8, 2024. Schumaker's extensive experience of over 20 years spans across both public and private sectors, with a focus on driving growth, operational excellence, and strategic capital management.
Schumaker's previous role as CFO of Source Global saw him play a pivotal part in the company's transformation, leading to a fourfold increase in revenue growth during his tenure. His expertise in the manufacturing and renewable energy sectors makes him a valuable addition to Benchmark's leadership team.
With this new appointment, Schumaker will oversee Benchmark's financial operations, including strategic financial planning, capital structure management, and investor relations. His role will be crucial in driving the company's growth and ensuring operational excellence as it continues to capitalize on growth opportunities in its served markets.
Schumaker's appointment reflects Benchmark's commitment to strengthening its leadership team as the company expands operations and aims for operational excellence.
Benchmark Electronics, Inc. operates globally, providing comprehensive solutions across the entire product lifecycle. Its services cover innovative technology and engineering design, global supply chain optimization, and world-class manufacturing across various industries, including commercial aerospace, defense, advanced computing and communications, medical, complex industrials, and semiconductor capital equipment. Benchmark's global operations span seven countries, and its common shares trade on the New York Stock Exchange under the symbol BHE. The market has reacted to these announcements by moving the company's shares -1.5% to a price of $43.02. For the full picture, make sure to review Benchmark Electronics's 8-K report.
