-
- News
- Books
Featured Books
- smt007 Magazine
Latest Issues
Current IssueComing to Terms With AI
In this issue, we examine the profound effect artificial intelligence and machine learning are having on manufacturing and business processes. We follow technology, innovation, and money as automation becomes the new key indicator of growth in our industry.
Box Build
One trend is to add box build and final assembly to your product offering. In this issue, we explore the opportunities and risks of adding system assembly to your service portfolio.
IPC APEX EXPO 2024 Pre-show
This month’s issue devotes its pages to a comprehensive preview of the IPC APEX EXPO 2024 event. Whether your role is technical or business, if you're new-to-the-industry or seasoned veteran, you'll find value throughout this program.
- Articles
- Columns
Search Console
- Links
- Events
||| MENU - smt007 Magazine
Nortech Systems Adds Stacy Kruse to Board of Directors
May 17, 2021 | Nortech SystemsEstimated reading time: 2 minutes
Nortech Systems Incorporated, a leading provider of engineering and manufacturing solutions for complex electromedical and electromechanical products serving the medical, aerospace & defense and industrial markets, announced the addition of Stacy Kruse to its board of directors.
Ms. Kruse will contribute strategic capabilities in finance and operations to support Nortech's growth initiatives and profitability objectives. Ms. Kruse currently serves as Chief Operating Officer and Chief Financial Officer of Portico Benefit Services (Portico). She has led innovation oriented and transformational growth strategies, while staying true to the Portico's mission. Ms. Kruse leverages a strong financial and marketing background, previously serving as CFO & Treasurer at Wilsons Leather, Director of Finance at US Bank and Director of Operations at Carlson Marketing Group. Ms. Kruse served on the Washburn Center for Children Board of Directors. In 2018, she was recognized as a Twin Cities CFO of the Year by the Minneapolis St. Paul Business Journal. Ms. Kruse is an independent director and qualified as an "audit committee financial expert." She will serve as Chair of the Audit Committee.
David Kunin, Chairman of the Board stated, "Stacy joins a strong board and I am confidentshe will be a valuable partner with management."Jay Miller, Nortech System's president and CEO, added, "We are delighted to welcome Ms. Kruse to our board of directors. She comes to Nortech not only with a strong financial background but with impressive strategic skills and experience that will help Nortech face future challenges that come with our growth objectives."
In March of 2021, Kathleen (Kitty) Iverson notified the Board that for personal reasons, she would not stand for reelection. Ms. Iverson's term as a director ended at the conclusion of the annual meeting of shareholders of the Company on May 13, 2021.
"Kitty has been a critical member of the Nortech board for six years," noted David Kunin, "She has not only been the chair of the Audit committee but also a steady and very knowledgeable voice in the boardroom."Jay D. Miller, added, "She has overseen a great number of significant positive changes during her tenure on Nortech's board, but notably will be leaving Nortech with a much stronger balance sheet that positions the company well for future growth."
Nortech uses intelligence, innovation, speed, and global expertise to provide high-quality, high performance engineering and manufacturing solutions to resolve our customers' most important challenges to be leaders in secure, reliable digital connectivity & data management. Nortech strives to be a premier workplace that fosters valued relationships internally and in our communities.
Suggested Items
I-Connect007 Editor’s Choice: Five Must-Reads for the Week
05/03/2024 | Nolan Johnson, I-Connect007This week’s most important news is strategic—and telling. When one puts together the IPC industry reports, we simply have to include the recent conversation with Shawn DuBravac and Tom Kastner. On the design side, check out the latest “On The Line With…” podcast featuring Brad Griffin from Cadence Design Systems, discussing SI and PI in the realm of intelligent system design.
IMI Welcomes New CEO
05/03/2024 | IMIIntegrated Micro-Electronics, Inc. (IMI),The IMI Board of Directors announced, in a disclosure dated April 25, 2024, the appointment of Louis Sylvester Hughes, Chief Executive Officer (CEO).
Electronics Industry Sentiment Rose in April, Hitting New High
05/02/2024 | IPCApril 2024 marked the third consecutive month of sentiment growth among electronics manufacturers. When asked if they expected labor costs for hourly workers to rise over the next month, manufacturers in the United States, Mexico, and Europe predicted a five percent increase, while manufacturers in Asia predicted a slightly lower four percent increase.
iNEMI Names Grace O'Malley CTO
05/02/2024 | iNEMIThe Board of Directors of the International Electronics Manufacturing Initiative (iNEMI) has named Grace O'Malley Chief Technical Officer (CTO).
ZESTRON Academy Launches 2024 Advanced Packaging & Power Electronics Webinar Series
05/01/2024 | ZESTRONZESTRON, the leading global provider of high-precision cleaning products, services, and training solutions in the electronics manufacturing and semiconductor industries, proudly announces the launch of its highly anticipated webinar series on Advanced Packaging & Power Electronics, a webinar series on the latest innovations, cleaning, and corrosion challenges.