Mayville Engineering Company announced a leadership transition in its finance department, with Todd Butz, Chief Financial Officer, intending to depart the company on June 30, 2025. Rachele Lehr, currently the Chief Human Resources Officer, has been appointed to succeed Mr. Butz as CFO, effective April 22, 2025.
Ms. Lehr brings over 25 years of cross-functional experience in corporate finance, external reporting, strategic planning, financial planning & analysis, information technology, and human resources. Her background includes nearly 15 years at Briggs & Stratton in senior finance and corporate roles.
The company reaffirmed its full-year 2024 financial guidance provided on November 5, 2024. This transition aims to leverage Ms. Lehr's strategic leadership and financial acumen to further advance MEC's MBX value creation journey.
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