Allient CFO Leach to retire in 2024

Allient announced that Michael R. Leach, Senior Vice President and Chief Financial Officer, has informed the company of his intent to retire at the end of April 2024 after a nearly nine-year career with the company. Dick Warzala, Chairman and CEO, commented “Mike has been instrumental in helping build the financial structure necessary to support our Company’s growth, including the completion of eleven acquisitions over the last eight years. More importantly, the outstanding global team he has developed has continued to strengthen under his leadership and puts us in an excellent position to support and execute our strategy to realize steadily improving margins and $1 billion in revenue in the future.” Warzala added, “We greatly appreciate Mike’s flexibility in planning his retirement and providing us with adequate time to complete a search and to transition his responsibilities. I truly enjoyed our years together, not only as a valuable partner to me on a professional level but on a personal level as well. On behalf of the Board, our management team and our more than two thousand global associates, we wish him all the best in his well-deserved retirement.”