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Published: July 01, 2008 11:12 pm
Sheehan taking reins as president of CTC now
The Tribune-Democrat
Concurrent Technologies Corp. of Richland Township announced on Tuesday changes to the makeup of its executive team.
Dan DeVos will remain as CEO until his departure from the company on Jan. 2. The company announced his retirement in February.
DeVos’ title and role as president will immediately be assumed by Edward Sheehan.
In this role, Sheehan takes on responsibility for the day-to-day management of the corporation, including establishing goals and objectives, plans and policies, and supervising and mentoring senior staff.
Sheehan also will succeed DeVos as CEO at the beginning of next year.
Other staff announcements:
• Michael Katz was promoted to executive vice president. He will continue as chief operating officer.
• Margaret DiVirgilio was elected as chief financial officer and treasurer and was promoted to vice president. As CFO, DiVirgilio now will serve on CTC’s board.
• Karl M. Kushner has been elected an officer of the company, assistant treasurer, and will assume expanded financial and fiduciary duties. In addition, Kushner will remain controller.
“The coming year will provide new challenges as we continue to work in a changing market place,” said Howard M. Picking III, chairman of CTC’s board.
“I am confident that CTC’s leadership will continue to move the company in a direction that offers exciting and rewarding challenges leading to success for CTC.”
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