Okuma Promotes Lisa Rummel to Chief Financial Officer

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Okuma America Corporation, a leading provider of CNC machine tools, has promoted 20-year veteran Lisa Rummel to the position of CFO. Ms. Rummel becomes the first female officer within the global Okuma organization.

New Okuma America CFO

Lisa Rummel, new CFO for Okuma America Corporation

Lisa has been a valuable member of our organization for over 20 years and she brings an amazing level of insight and strategic planning experience to the role.

CNC machine tool manufacturer, Okuma America Corporation has promoted Lisa Rummel from Vice President of Finance to the position of Chief Financial Officer. Mrs. Rummel will be responsible for the finance, contract administration, information technology and human resources departments. In commenting about the promotion, new President and Chief Operating Officer, Jim King stated, “Lisa has been a valuable member of our organization for over 20 years and she brings an amazing level of insight and strategic planning experience to the role. She has already been performing many of the duties this position entails and we are happy to officially have her serve in this capacity.”

Mrs. Rummel is a Certified Public Accountant and earned an MBA from Appalachian State University. She began her career in public accounting and after four years, moved into the manufacturing industry with what his now Textron, where she gained her original machine tool experience. She began work at Okuma in 1989 as a cost accountant for what was then the manufacturing division of Okuma America Corporation. Her 22 years of experience at Okuma has included cost accounting for manufacturing, accounting and finance for the sales division, corporate finance and tax accounting. She works closely with Okuma Corporation’s headquarters in Japan and manages and evaluates corporate risk by being responsible for cash flow and inventory investment.

Lisa became Okuma’s first female vice president when she was named VP of Finance in April 2007. With the promotion to CFO, she becomes the first female officer within the global corporation.

“Okuma has supported me both personally and professionally throughout my career. I have been afforded many opportunities to grow in my field but have also had the flexibility to spend time with my family. I am excited to face the new challenges that this position brings”, stated Mrs. Rummel, “and I am looking forward to many more years with the company.”

Lisa will continue to work from Okuma America Corporation’s headquarters in Charlotte, NC and will report to Jim King, President and Chief Operating Officer.

About Okuma America Corporation:
Okuma America Corporation is the US based affiliate of Okuma Corporation, a world leader in the development of computer numeric controls (CNC) and machining technology, founded in 1898 in Nagoya, Japan. Known for its technology leadership and world-class manufacturing, product quality and dedication to customer service, Okuma strives to be the machine tool solution provider to manufacturers worldwide. For more information, visit http://www.okuma.com

About Partners in THINC:
Partners in THINC is a unique facility and concept offering integrated solutions and a one-stop-shop designed to streamline current manufacturing processes, improve capabilities, or for exploring advanced manufacturing options. Each member of Partners in THINC brings specialized equipment, expertise and a commitment to provide the best possible integrated solutions to the end-user. For more information, visit http://www.partnersinthinc.com.

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Julie Murphy
jmurphy@okuma.com
(704) 504-6324
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