Plymouth, Minn — Unitron US has recently named Nick Stephan as vice president of finance and controlling. He previously served as senior director of finance at Siemens Hearing.

In his new position, Stephan will oversee Unitron US’s financial performance, including the budgeting and forecasting processes. In addition, he will manage the division’s information technology department and participate in contract negotiations.

Stephan’s previous positions included CFO at Rexton/MEMSI Inc and other executive and management positions at Siemens. His experience comprises a total of approximately 20 years in the hearing instrument industry and 10 years in medical systems.

“We are very fortunate to have Nick directing our financial operations, particularly with his wealth of industry experience and proven leadership,” says Rodney Schutt, president and CEO, Unitron US, in the press statement. “He understands the language and nuances of the industry, which has allowed him to step in and become a leader and immediately contribute to our bottom-line success.”

Stephan earned a bachelor’s degree in business administration and economics from Rutgers University and an MBA degree in finance/business administration from Fairleigh Dickinson University.

SOURCE: Unitron