GroupeSTAHL announces the hiring of Derek Nugent as chief financial officer (CFO).

Nugent joins GroupeSTAHL with over 16 years of experience as a finance and accounting leader in the technology, automotive, manufacturing, and defense sectors. With expertise in financial planning and analysis, he most recently served as CFO at FIRMO, an automotive manufacturing company specializing in automotive interiors.

In his new role as CFO at GroupeSTAHL, Nugent will be crucial in assessing the organization’s business plan while helping to extend the reach of the brand and explore emerging opportunities. Nugent holds a Bachelor of Arts in business from Washington State University and a Master of Business Administration from Michigan State University.

“We are thrilled to welcome Derek to the team as he will implement structure and processes which will take GroupeSTAHL to the next level,” says Carleen Gray, CEO of GroupeSTAHL. “As we look to maintain record growth, we also look to improve our speed to market, increase capacity, ensure continued innovation, and expand reach to provide our customers with the highest quality materials and equipment. I am confident that Derek’s extensive background in both leadership and finance will help us in this journey and lead us towards growth for years to come.”