Hypercom Corporation today announced the appointment of Thomas B. Sabol as Chief Financial Officer. Robert M. Vreeland, currently serving as Interim Chief Financial Officer, will continue in a leadership position within the Global Finance team. Both appointments are effective on April 20.
"Tom Sabol is a seasoned financial and operational executive with considerable experience in the high-tech industry and significant international, financial, operational, strategic planning and M&A credentials," said Philippe Tartavull, Hypercom Chief Executive Officer and President. "We are excited to have Tom join the team and continue building on the great work that Bob Vreeland has done as interim Chief Financial Officer. We are very appreciative of Bob's exceptional service in an interim role over the last year and look forward to his continuing contribution to Hypercom."
Mr. Sabol joins Hypercom from Suntron Corporation where he served for the past three years as Chief Financial Officer and has been a Director since July 2004. Mr. Sabol will remain at Suntron Corporation until April 15, 2009. Previously, Mr. Sabol held Chief Financial Officer and Chief Operating Officer positions with Wolverine Tube, Inc. and Plexus Corp., respectively. He also has senior auditor experience with Kemper Corporation and Coopers & Lybrand. Mr. Sabol is a Certified Public Accountant and holds a Bachelor of Science Degree in Accounting from Marquette University.
"We are looking forward to Tom's global financial and operational leadership as we continue the transformation of the Hypercom business model, integrating the TeT acquisition, focusing on our key objectives to gain market share, improve gross margins and operating efficiencies, and strengthen our ability to complete globally," concluded Mr. Tartavull.
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