ANNANDALE, MN— Malco Products, one of the nation’s leading solution developers and manufacturers of a variety of high-quality tools for the HVAC and building construction trades, has announced several new leadership roles with the organization designed to support the company’s continued growth and to focus on critical areas of the business as part of its overall strategic plan.
Scott Crane has been promoted from Executive Vice President of Finance and Strategy to Chief Strategy Officer (CSO). The CSO is a key leadership position responsible for developing and executing the company's strategic initiatives and investment strategies. Crane will play a critical role in guiding the organization's growth and ensuring its competitive advantage in the market.
Mike Hemmesch has been promoted from Director of Business Intelligence to Chief Financial Officer (CFO), following the retirement of current CFO Carla Hinnenkamp, who has been with Malco for 10 years. In this role, Hemmesch will oversee the finance, accounting and technology/MIS teams and manage all aspects of the company’s financial and cash flow planning as well as guiding the company’s future growth initiatives.
For more information about Malco Products, visit www.malcoproducts.com.