Milwaukee-based Jason Industries Inc. has named Sarah Sutton chief financial officer. Sutton replaces Stephen Cripe, who will retire from Jason by mutual agreement, but will remain on the company’s board through May 31. She will report to David Westgate, chief executive officer.
“Steve’s leadership and expertise have been instrumental to Jason’s success throughout his eight years as CFO,” Westgate said. “It’s been my pleasure to work with him. On behalf of all Jason employees and the board, I want to sincerely thank Steve for his service.”
Sutton, 43, has served as vice president, financial planning and analysis at Beloit-based motor and power product manufacturer Regal Beloit Corp. since 2011. She previously served as chief financial officer of Milwaukee-based A.O. Smith Corp.’s Electrical Products Company, which makes electric motors for residential and commercial use, from 2002 until the division was acquired by Regal Beloit in 2011.
Sutton is a certified public accountant, and began her career at KPMG LLP. She holds a bachelor’s degree in administration, with an accounting concentration, from California State University, San Bernardino, and an executive MBA from Northwestern University.
“Sarah brings to Jason public company finance leadership, extensive M&A and post-merger integration experience, and a track record of ensuring results that deliver shareholder value,” Westgate said. “Her leadership will help to move Jason’s financial operations to the next level and her valuable skills and experience will be an asset to the executive leadership team, of which she’ll become a member.”
Jason is the parent company of a global family of manufacturing firms, including Milwaukee’s Milsco that has 4,400 employees in 13 countries.
