M-tron Industries, Inc. announced the appointment of Cameron Pforr as its new Chief Financial Officer, effective October 3, 2024. Mr. Pforr will be responsible for executing the company's organic and inorganic growth strategy, focusing on shareholder value creation and managing finance and investor relations functions. His experience includes finance, business management, and corporate development, with over thirty M&A acquisitions and corporate sales executed.
CEO Michael Ferrantino stated that Mr. Pforr's extensive leadership experience will be an invaluable asset to the team, playing an integral role in delivering profitable growth. Mr. Pforr expressed enthusiasm for joining MtronPTI at a critical time of growth, aiming to accelerate it and develop the company into a leading RF solution provider for defense and aeronautics industries. He previously served as President and CFO of IronNet, Inc. and Fidelis Cybersecurity, Inc.
The company also noted its continued strong performance, expecting to meet or exceed its improved fiscal year 2024 guidance of revenues in the range of $46.0 million to $48.0 million with EBITDA in the 19% to 21% range. This financial context underscores the strategic importance of Mr. Pforr's role in managing and enhancing the company's financial trajectory.
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