Planar Systems (PLNR) Finance VP Gray to Assume CFO Role When Hildebrandt Steps Down

August 17, 2012 4:06 PM EDT Send to a Friend
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Planar Systems, Inc. (Nasdaq: PLNR) announced the succession plan for the company's chief financial officer, Scott Hildebrandt, who is stepping down at the end of this calendar year. Ryan Gray, Planar’s vice president of finance, will become the company's CFO on January 1, 2013. Mr. Hildebrandt will remain on the management team as senior vice president and CFO through the end of calendar 2012 to ensure a smooth transition, and will then move into a part time strategic role for Planar beginning in January of 2013.

Mr. Gray, joined Planar Systems in 2005 as the director of finance for worldwide operations. He was appointed vice president and corporate controller in 2009. In Mr. Gray’s current role as vice president of finance, he leverages his deep financial acumen and leadership skills to manage the finance and accounting functions worldwide as well as lead the company's investor relations activities. In addition to helping to build Planar’s global finance organization, Mr. Gray brings nearly two decades of experience in the high technology industry to the CFO role at Planar. He has held significant financial planning and analysis, business partnering and treasury positions at Sequent, Radisys, Merant and Tektronix where he supported multi-hundred-million-dollar high tech businesses. He has a B.S. in Finance from the University of Portland.


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