I wonder if hindman was brought because he is 'experienced in leveraged buyouts, IPO's and private placements, and has dealt extensively with investment bankers, stock analysts, institutional fund mangers and the financial media.' Westell could use this expertise.
in my opinion
Frank
Westell Technologies, Inc. Selects Interim Chief Financial Officer
Experienced Professional, Nicholas C. Hindman, Sr., Appointed to Fill Post
AURORA, Ill., May 5 /PRNewswire/ -- Westell Technologies, Inc. (Nasdaq: WSTL - news) announced today, the appointment, effective immediately, of Nicholas C. Hindman, Sr., as interim Chief Financial Officer. Steve Hawrysz, Westell's former CFO has left the company to pursue other opportunities.
Mr. Hindman is General Partner and manager of MFI Holdings, LLC. He served as President of Nicholas C. Hindman, P.C., Certified Public Accountant -- Auditing and consulting for companies making private and public offerings of securities; International, U.S. and state income tax planning and compliance, and turn around and operations consulting. He has also served as COO and CFO of a large manufacturing company and Corporate Manager of Taxes and Insurance for a diversified international manufacturer of vending equipment. He started his career as a Senior Audit and Tax Staff Accountant at Arthur Andersen & Company, Chicago.
Mr. Hindman is experienced in leveraged buyouts, IPO's and private placements, and has dealt extensively with investment bankers, stock analysts, institutional fund mangers and the financial media.
''We are very pleased and fortunate to have the interim full time services of Mr. Hindman while we conduct a search for a permanent CFO,'' stated Robert H. Gaynor, Chairman and CEO of Westell Technologies, Inc.
Westell Technologies, Inc., headquartered in Aurora, Illinois, is a holding company for Westell, Inc. and Conference Plus, Inc. Westell, Inc. manufactures and licenses DSL systems and value added CPE, and manufactures telecommunications access products. Conference Plus, Inc. is a multi-point telecommunications service bureau specializing in audio teleconferencing, multi-point video conferencing, broadcast fax, and IP multimedia conferencing services. Additional information can be obtained by visiting Westell's Web site at westell.com.
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