Donna L. Belusar named Senior VP and CFO at CTS Corporation
Jan 11, 2008
CTS Corporation (NYSE: CTS) announced the appointment of Donna L. Belusar to the position of Senior Vice President and Chief Financial Officer, effective January 21, 2008. Ms. Belusar replaces Mr. Vinod M. Khilnani who was appointed to the position of President and Chief Executive Officer in July 2007.
Ms. Belusar has most recently served as Executive Chief Financial Officer, Global Financing Americas Division of IBM Credit LLC, since 2004 and was Executive Director, Internal Audit, at IBM Corporation from 2002-2004.
"We are pleased to have Donna as part of our executive team," said Vinod M. Khilnani, President and Chief Executive Officer. "Her background includes 25 years of increasing financial management responsibility at a Fortune 500 Company in treasury, internal audit, SEC reporting, strategic planning and operational experience implementing strategic initiatives that strengthened top and bottom line growth. These skills will enable her to play a key role in driving growth and shareholder enhancement value initiatives at CTS Corporation."
Ms. Belusar began her career with IBM (NYSE: IBM - News) in 1982 as a Cost Engineer Analyst and steadily progressed through assignments of increasing responsibilities including Senior Financial Analyst, Assistant Site Controller, Program Manager and M&A, and Program Manager, Corporate Operating and Strategic Planning in several IBM operations in New York state.
Donna received an honorary Doctoral in Corporate Enterprise Management and an MBA in Finance from Binghamton University in New York and a BS in Business Engineering from Michigan Technological University.
Ms. Belusar will be relocating to the Michiana area.