Addition to the senior leadership team is part of the company’s growth strategy
WATERTOWN, S.D., Dec. 7, 2020 – Spartronics LLC, a company which designs, manufactures and manages the full lifecycle of robust electronic and electromechanical devices for commercial aerospace, defense, space, instrumentation and control, life sciences and medical device applications, is pleased to announce the appointment of Annette Cusworth to the positions of senior vice president and chief financial officer (CFO) and a key member of the organization’s executive leadership team. Cusworth will be responsible for the company’s finances and accounting and will lead all aspects of the financial health of Spartronics. As a senior member of the executive team, she will report directly to Paul Fraipont, CEO of Spartronics.
Cusworth has more than 30 years of extensive financial experience in a variety of industries. She served as CFO at Creation Technologies, an electronics manufacturing services company, where she led the company’s global financial functions. While at Creation Technologies, Cusworth helped advance the company’s customer value proposition, growing revenue more than 20 percent and earnings before interest, taxes, depreciation and amortization (EBITDA) over 65 percent.
“We are excited to have Annette join Spartronics,” said Fraipont. “She complements our strong performance-oriented culture, and we believe her impressive reputation for execution and achieving results makes her the right choice to lead our finance organization and partner with our leadership team to drive value for our shareholders.”
Prior to Spartronics, Cusworth served as executive vice president and CFO at Creative Energy, a privately owned company which owns one of North America’s largest district energy systems. Cusworth will continue to serve as a director on the Boards of Directors for RIWI and Dolly Varden Silver Corp. Cusworth, a Canadian chartered professional accountant, earned a bachelor’s degree in commerce from the University of Calgary.
Spartronics delivers comprehensive manufacturing services, ranging from printed circuit board assembly (PCBA) and subsystem integration to full-box build (high-level assemblies). Additional services include product design, manufacturing testing, supply chain management, sustaining engineering, and a suite of aftermarket services to support the full product lifecycle.
Our network of factories includes locations in the United States and Vietnam. Our design support is based in the United States and is available for end-to-end product development, manufacturing readiness and ramp to production. For additional information, please visit www.spartronics.com.