(Nasdaq: SPAR) today announced it has named former
executive
succeeds
emergency-rescue vehicles, said Nowicki brings more than two decades of
financial management and operations expertise to the position, including
extensive manufacturing and international experience. Nowicki spent 17 years
with Zeeland, Mich.-based
a member of key leadership.
“We are pleased to attract someone of this caliber to our senior
management team,” said John Sztykiel, president and chief executive officer of
strategic and operational experience, a background in global operations, and a
track record with the investment community that make him an ideal candidate
for this role. As Spartan looks to expand our product offerings into new
market niches, both here and abroad, we expect Joe to bring a relevant and
fresh perspective to managing our business that will benefit all our
stakeholders.”
At
including establishing the company’s overall capital and debt structure,
overseeing the company’s pension and investment strategy and leading investor
relations activities for the
career at
international finance and vice president within North American finance, and
was involved in multiple acquisitions. Before joining
several operations and finance positions, including working for
“I’m looking forward to joining the Spartan team and think my experience
is a great fit with their culture of innovation and focused execution,” said
Nowicki. “Their emphasis on Return on Invested Capital (ROIC) aligns with my
background with economic value-added financial management, and their long-term
strategic plan focused on organic growth, new market entries and establishing
a global footprint are ideally suited for my experience.”
Nowicki holds a master of business administration degree in finance from
the
College
About
manufactures custom chassis and vehicles for the recreational vehicle, fire
truck, ambulance, emergency-rescue and custom vehicle markets. The company’s
brand names – Spartan(TM), Crimson Fire(TM), Crimson Fire Aerials(TM), and
Road Rescue(TM) – are known for quality, value, service and being the first to
market with innovative products. The company employs approximately 1,200 at
facilities in
Spartan reported sales of
the premier manufacturer of custom vehicles and chassis in
This release contains forward-looking statements, including, without
limitation, statements concerning our business, future plans and objectives
and the performance of our products. Forward looking statements are
identifiable by words such as “believe,” “anticipate,” “will,” “sustain,” and
“continue.” These forward-looking statements involve certain risks and
uncertainties that ultimately may not prove to be accurate. Actual results
and future events could differ materially from those anticipated in such
statements. Technical complications may arise that could prevent the prompt
implementation of the plans outlined above. The company cautions that these
forward-looking statements are further qualified by other factors including,
but not limited to, those set forth in the company’s Annual Report on Form
10-K filing and other filings with the
Commission
subcontracts typically involve long payment and purchase cycles, competitive
bidding, qualification requirements, delays or changes in funding, extensive
specification development and changes, price negotiations and milestone
requirements. An announced award of a governmental contract is not equivalent
to a finalized executed contract and does not assure that orders will be
issued and filled. Government agencies also often retain some portion of fees
payable upon completion of a project and collection of contract fees may be
delayed for long periods, which can negatively impact both prime contractors
and subcontractors. The company undertakes no obligation to publicly update
or revise any statements in this release, whether as a result of new
information, future events or otherwise, except as required by law.
SOURCE
CONTACT: John Sztykiel, CEO,