Mine Safety Gets a New CFO

Watch stocks you care about

The single, easiest way to keep track of all the stocks that matter...

Your own personalized stock watchlist!

It's a 100% FREE Motley Fool service...

Click Here Now

Cranberry Township, Pa.-based Mine Safety Appliances (NYSE: MSA  ) got a new CFO this evening.

On Wednesday after close of trading, Mine Safety announced that it has promoted Senior Vice President Stacy McMahan to the twin positions of chief financial officer and treasurer. McMahan replaces current CFO and Treasurer Dennis Zeitler, who today moved to the position of special advisor to William M. Lambert, MSA President and CEO, and who intends to retire fully from the company in August 2014.

McMahan has only been with the company for about nine months, having been hired in December 2012. However, Mine Safety says her election to CFO "is part of a planned management succession process that began when Ms. McMahan joined the company late last year." Prior to joining Mine Safety, McMahan spent 23 years working in financial positions, most recently as vice president of finance for the Customer Channels Group at Thermo Fisher Scientific.

Mine Safety did not disclose McMahan's exact compensation scheme. However, in a filing with the SEC, it did say that she will be entitled to participate in its "Non-CEO Executive Incentive Plan, Long-Term Incentive Compensation Plan, and Supplemental Savings Plan."

Read/Post Comments (0) | Recommend This Article (0)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

Be the first one to comment on this article.

Sponsored Links

Leaked: Apple's Next Smart Device
(Warning, it may shock you)
The secret is out... experts are predicting 458 million of these types of devices will be sold per year. 1 hyper-growth company stands to rake in maximum profit - and it's NOT Apple. Show me Apple's new smart gizmo!

DocumentId: 2622842, ~/Articles/ArticleHandler.aspx, 11/30/2015 11:32:28 PM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...

Rich Smith

I love things that go "boom." Sonic or otherwise, that means I tend to gravitate towards defense and aerospace stocks. But to tell the truth, over the course of a dozen years writing for The Motley Fool, I have covered -- and continue to cover -- everything from retailers to consumer goods stocks, and from tech to banks to insurers as well. Follow me on Twitter or Facebook for the most important developments in defense & aerospace news, and other great stories besides.

Today's Market

updated 1 hour ago Sponsored by:
DOW 17,719.92 -78.57 -0.44%
S&P 500 2,080.41 -9.70 -0.46%
NASD 5,108.67 -18.86 -0.37%

Create My Watchlist

Go to My Watchlist

You don't seem to be following any stocks yet!

Better investing starts with a watchlist. Now you can create a personalized watchlist and get immediate access to the personalized information you need to make successful investing decisions.

Data delayed up to 5 minutes

Related Tickers

11/30/2015 4:02 PM
MSA $46.90 Down -0.02 -0.04%
MSA Safety CAPS Rating: *****