Thomas a. kroll named vice president and chief financial officer; donna
l. belusar named senior vice president human resources and information
technology
Elkhart, ind.--(business wire)--cts corporation (nyse: cts) today announced the appointment of thomas a. kroll to the position of vice president and chief financial officer, effective september 1, 2011. mr. kroll joined cts in 2000, and has served as vice president and corporate controller since 2002. “we are pleased to have tom assume this key position,” said vinod m. khilnani, chairman and chief executive officer. “his skills and knowledge of accounting, sec reporting, tax and treasury, coupled with his 33 years of financial operations experience, make him uniquely qualified for this role.” mr. kroll replaces donna l. belusar who has been appointed senior vice president human resources and information technology where she will lead process and system improvements across all regions. tom received an mba in finance from kent state university and a ba in business administration with a major in accounting from indiana university. he is also a certified public accountant. about cts cts is a leading designer and manufacturer of electronic components and sensors and a provider of electronics manufacturing services (ems) to oems in the automotive, communications, medical, defense and aerospace, industrial and computer markets. cts manufactures products in north america, europe and asia. cts' stock is traded on the nyse under the ticker symbol "cts." to find out more, visit the cts web site at www.ctscorp.com. safe harbor statement this press release contains statements that are, or may be deemed to be, forward-looking statements within the meaning of the private securities litigation reform act of 1995. these forward-looking statements include, but are not limited to, any financial or other guidance, statements that reflect our current expectations concerning future results and events and any other statements that are not based solely on historical fact. readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof and are based on various assumptions as to future events, the occurrence of which necessarily are subject to uncertainties. these forward-looking statements are made subject to risks, uncertainties and other factors, which could cause our actual results, performance or achievements to differ materially from those presented in the forward-looking statements, including, without limitation: changes in the economy generally and in respect to the businesses in which cts operates; rapid technological change; general market conditions in the automotive, communications, and computer industries, as well as conditions in the industrial, defense and aerospace, and medical markets; reliance on key customers; unanticipated natural or other events such as the japan earthquake; the ability to protect our intellectual property; pricing pressures and demand for our products; and risks associated with our international operations, including trade and tariff barriers, exchange rates and political and geographical risks. for more detailed information on the risks and uncertainties associated with cts’ business, see the reports cts files with the sec available at http://www.ctscorp.com/investor_relations/investor.htm. cts undertakes no obligation to publicly update its forward-looking statements to reflect new information or events or circumstances that arise after the date hereof, including market or industry changes.
