Ballantyne
Strong, Inc. (NYSE MKT: BTN), a diversified provider of digital
technology services, products and solutions, today announced that Nathan
D. Legband has been appointed Chief Financial Officer, effective
September 2, 2014. Mr. Legband, who has served as Corporate Controller
for Ballantyne Strong since June 2012, will replace Mary A. Carstens,
who will be retiring on September 2, 2014.
Mr. Legband joined Ballantyne Strong as Corporate Controller in June
2012. In this role, Mr. Legband has been responsible for the preparation
of all SEC filings, coordinating internal and external audit functions,
implementing forecasting and budgeting processes, and managing the
treasury function, among other responsibilities. Prior to joining
Ballantyne Strong, Mr. Legband served in a number of finance department
positions for West Corporation, a leading provider of technology-enabled
communication services, from 2008-2012. During his time at West
Corporation, Mr. Legband served as Director of Accounting/Controller for
the West Asset Management segment and then Senior Director of Accounting
and Financial Analysis for the Communication Services segment. Mr.
Legband began his career as an Audit Manager in the Omaha and Denver
offices of Deloitte & Touche LLP. Mr. Legband is a CPA and has a
Bachelor of Science Degree in Business Administration from Creighton
University.
Gary L. Cavey, President and CEO of Ballantyne Strong, commented,
“During his time at Ballantyne Strong, Nate has taken on an increasing
level of responsibility within our finance department and demonstrated
the skills required to be an effective Chief Financial Officer. His
experience and understanding of our businesses will be instrumental in
maintaining continuity within our operations.
“We would also like to thank Mary Carstens for her years of excellent
service to Ballantyne Strong. Mary has indicated that she wants to spend
more time with her family and we wish her well in her retirement,” said
Mr. Cavey.
“I am looking forward to the opportunity to travel and see more of my
family,” said Ms. Carstens. “I am proud of the work we have done to
build Ballantyne Strong into a diversified provider of digital
technology services, products and solutions. I believe Nate will provide
strong leadership for the finance department as Ballantyne continues to
execute on its growth initiatives.”
About Ballantyne Strong, Inc. (www.strong-world.com)
Ballantyne Strong designs, integrates, and installs technology solutions
for a broad range of applications; develops and delivers out-of-home
messaging, advertising and communications; manufactures projection
screens and lighting products; and provides managed services including
monitoring of networked equipment. The Company focuses on serving the
retail, financial, government and cinema markets.
Forward-Looking Statements
Except for the historical information in this press release, it includes
forward-looking statements that involve risks and uncertainties,
including but not limited to, quarterly fluctuations in results;
customer demand for the Company’s products; the development of new
technology for alternate means of motion picture presentation; domestic
and international economic conditions; the management of growth; and
other risks detailed from time to time in the Company’s Securities and
Exchange Commission filings. Actual results may differ materially from
management’s expectations.
Copyright Business Wire 2014