STRATTEC SECURITY Names Matthew Pauli CFO, Effective Nov 13, 2024

STRATTEC SECURITY CORPORATION, a global leader in smart vehicle power access, security, and authorization solutions, announced the appointment of Matthew Pauli as Senior Vice President and Chief Financial Officer, effective November 13, 2024. Pauli will succeed Dennis Bowe, who will remain with the company in an advisory capacity during the transition.

Jennifer Slater, STRATTEC’s President and CEO, emphasized the importance of Pauli’s appointment amid the company’s ongoing transformation. “We require strong financial expertise to drive operational changes, data analytics, and system improvements. Matt’s proven ability to implement best practices, define key performance metrics, and enhance financial operations aligns perfectly with our needs. We believe his leadership will help us achieve consistent financial outcomes, improve performance, and support growth,” she stated.

Pauli brings over 20 years of financial leadership experience. Before joining STRATTEC, he served as Executive Advisor and CFO at CentroMotion, where he improved forecasting, global spending, and working capital processes. He has also held senior finance roles at Enerpac, including Corporate Controller and VP of Finance. Pauli began his career at Ernst & Young and holds a Bachelor’s in Business Administration – Accounting from the University of Wisconsin-Whitewater.

About STRATTEC
With over 110 years of innovation, STRATTEC is a leading provider of advanced automotive access, security, and user interface solutions for global automotive OEMs. Their products include door handles, lift gates, latches, and key fobs, seamlessly integrating mechanical and electro-mechanical systems.

Safe Harbor Statement
This announcement contains forward-looking statements subject to various risks and uncertainties, including economic conditions, customer demand, operational challenges, and global trade impacts. Readers are advised to review the company’s SEC filings for further details. STRATTEC disclaims any obligation to update these statements beyond the release date.

Source Link