Custom MMIC Hires New SVP And CFO
Custom MMIC Design Services, a rapidly growing designer and supplier of MMICs based in the US, has hired Thomas M. Rosa as senior VP and CFO effective June 1, 2018. Rosa, who has been consulting with the company for 14 months prior to his hiring, will lead all aspects of the company's finance and accounting operations.
Rosa has more than 30 years of progressively more responsible financial management experience at public and private companies, with significant experience at companies focused on materials and material based solutions. His primary strengths lie in capital markets, investor/analyst relations, SEC filings, mergers and acquisitions, budgeting and long-range planning, manufacturing cost accounting, and government accounting.
Since 2014, Rosa has been the consulting CFO at several small, private companies undergoing significant growth, working in partnership with company senior management to improve operations, sales, backlog, profitability, and cash flow.
From 2008-2013, Rosa served as CFO and senior VP of Bruker Energy & Supercon Technologies, a subsidiary company of Bruker, where he oversaw an increase in annual sales from $39 million to $136 million in five years through organic growth and a successful acquisition in Germany.
Prior to 2008, Rosa worked for 14 years at American Superconductor Corporation (AMSC), rising to CFO and helping to grow AMSC from $3 million in annual revenues to approximately $100 million. Rosa also served in a variety of financial management positions at Lockheed, Wang Labs, and Prime Computer. Collectively, he has helped various companies raise over $350 million in financing. He received his MBA in finance from Northeastern University in 1982.
"We're delighted to have Tom to join us in a lead management role as we continue to expand our business," said Paul Blount, president of Custom MMIC. "The time is right to bring on a CFO to support the continuing development and maturation of our company. Tom has been supporting us for over a year now as our consulting CFO. He has been a CFO at several Massachusetts-based companies, and his experience in fast-growth business environments suits us perfectly, as we continue along our rapid growth curve."