Media Contact: Annie Dorsey
TPC Wire & Cable, Corp. • (216) 525-4425
FOR IMMEDIATE RELEASE
TPC Wire & Cable Corp. Announces New CFO
Leader is expected to inform strategies for growth and profitability
Macedonia, Ohio – January 5, 2017 – TPC Wire & Cable Corp. (TPC) is pleased to announce Victor March joined the organization October 10, 2016, as Chief Financial Officer. Founded in 1979, TPC is a producer of high-performance wire, cable, connectors, and assemblies used in harsh industrial environments. This latest leadership development, which follows the introduction of a new CEO in January 2016, further supports TPC’s strategy to accelerate growth through acquisitions and organic commercial activity.
Victor March, 57, brings to TPC decades of financial leadership, acquisition integration experience, and a deep understanding of the role as it functions within a private equity-owned business. March most recently served as Chief Financial Officer of EXAL Group in Youngstown, Ohio, the world’s largest manufacturer of impact extruded aluminum containers used for aerosol and beverage products. There, March directed the company’s consolidation of financials, completion of global audits, and focus on customer profitability. Previous to EXAL, March served as Chief Financial Officer for Excel Polymers, LLC, a leading supplier of elastomeric solutions including rubber chemicals, compounds, and services. March’s global experience with acquisitions and divestments includes participating in private equity transactions across the United Kingdom, Hungary, and South America.
The introduction of a new CFO follows the establishment of President and CEO Jeff Crane nearly one year ago, at which time TPC was embarking on its plans to accelerate growth through strategic acquisitions and sales efforts. “I’m delighted that Vic has agreed to join us,” said Crane. “He brings analytical capabilities that will allow us to tie company strategy with key metrics, which will better inform our efforts to grow and become more profitable. And, he’s a great fit for this team. TPC is ready and excited to collaborate with him.”
About TPC Wire & Cable Corp.
TPC Wire & Cable Corp., owned by private equity firm Audax Group of Boston, Massachusetts since May 2015, is a leading supplier of high-performance wire, cable, connectors, and assemblies used in harsh industrial environments. TPC’s products are designed and engineered to withstand severe conditions including impact, abrasion, chemicals, constant flexing, and extreme temperatures. The company’s dependable products outlast ordinary cable in the most difficult applications, reducing downtime and overall cost. TPC serves a variety of industries including the steel, automotive, utility, mining, transportation, food and beverage, oil and gas, and wood, pulp and paper markets. For more news onTPC Wire & Cable products, visit www.tpcwire.com/company/news.
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