Apogee Enterprises, Inc., which develops and delivers value-added glass products and services for the architectural, large-scale optical and automotive industries, announced 18 February 2004 that Will…
Apogee Enterprises, Inc., which develops and delivers value-added glass products and services for the architectural, large-scale optical and automotive industries, announced 18 February 2004 that William F. Marchido would join the company on 24 February as chief financial officer (CFO). Marchido, 53, had been CFO at Siemens Dematic, Grand Rapids, Michigan, since 1988. At Siemens Dematic, he was responsible for all financial areas, including IT systems management and productivity improvement programs, for the America“s Material Handling Division and locations in Europe, Singapore, New Zealand and Australia. Siemens Dematic, part of Siemens AG of Germany, is the market leader in conveyor material handling systems in the United States, with sales of more than USD 1.3 billion within the Americas. Prior to joining Siemens, he spent nine years at Haven Busch Company, also in Grand Rapids, the last six years of which as CFO for the structural steel fabricator and contractor of high-rise commercial buildings and factories. He started his career as assistant controller for Lescoa Inc., a first tier supplier of stampings and injection moldings assemblies to the automotive industry. “Bill“s expertise in construction financial management controls will be an asset as we strive to improve our earnings predictability while implementing our growth strategies,” said Russell Huffer, Apogee chairman and chief executive officer. “He also has considerable experience in consolidating back-room services across multiple businesses and implementing productivity improvements, which will be invaluable as Apogee realigns its overhead costs to better serve our growth opportunities and improve returns.” Marchido holds an MBA, with a focus on finance and economics, and a bachelor“s degree in finance and accounting, both from Grand Valley University in Allendale, Michigan. He has completed the Executive Management Program at the University of Michigan, Ann Arbor.