MGS names Rexnord exec CFO

Derek Murphy to lead financial operations for manufacturer

Derek Murphy

Germantown-based MGS Mfg. Group, Inc. has named Derek Murphy the company’s new chief financial officer.

Murphy is a certified public accountant and holds a master’s degree in management/accounting. He has more than 20 years of experience in fiscal management and operation controls, most recently at Milwaukee-based Rexnord.

He will have overall responsibility for all financial-related activities at MGS.

MGS is a global manufacturer of high precision plastic products and provides engineering, tooling, injection molding, and equipment solutions for the health care, electronics, automotive, consumer and industrial industries. The company employs over 1,100 people throughout locations in the United States, Mexico and Europe.

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Arthur covers banking and finance and the economy at BizTimes while also leading special projects as an associate editor. He also spent five years covering manufacturing at BizTimes. He previously was managing editor at The Waukesha Freeman. He is a graduate of Carroll University and did graduate coursework at Marquette. A native of southeastern Wisconsin, he is also a nationally certified gymnastics judge and enjoys golf on the weekends.

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