BLUE BELL, Pa., June 6, 2013 (GLOBE NEWSWIRE) -- UniTek Global Services, Inc. ("UniTek" or "the Company") (Nasdaq:UNTK) a premier provider of permanently outsourced infrastructure services to the telecommunications, broadband cable, wireless, transportation, public safety and satellite television industries, today announced the appointment of Andrew J. Herning as the Company's Chief Financial Officer, effective June 4, 2013. Kenneth J. Cichocki, who joined the Company as Interim Chief Financial Officer on April 15, 2013 and has been instrumental in the Company's financial oversight, will assist Mr. Herning as needed in order to ensure an orderly transition.
"Andrew is an accomplished financial and operational executive who brings to UniTek a wealth of experience in financial controls and reporting, as well as strong relationships with the financial community. We conducted an extensive search of over 200 candidates, and Andrew's background and commitment to people made him the clear choice for this important role," said Rocky Romanella, Chief Executive Officer of UniTek. "Moreover, he has proven expertise in leadership, managing organizational change, process improvement and execution at fast-growing companies. We are pleased to have him join our executive team and look forward to his contributions as we advance our business. Andrew's vision, tactical execution capabilities and ability to collaborate with business partners are closely aligned with the operating philosophy and culture we are instilling at UniTek.
"I would also like to thank Ken for his contributions over the last several months, during a challenging period for our Company. Through Ken's leadership and uncompromising commitment, we are nearing completion of our financial restatements and outstanding SEC filings, which will allow us to focus on our future. It is also important to thank Don Gately for his recent work as both Chief Operating Officer and interim President of our Pinnacle Wireless division. With a permanent CFO on board, we are now focused on the search for a President of the Pinnacle division, and I have the utmost confidence in Don's ability to continue leading that group until the recruitment process is complete. Operationally, I believe our business is strong, and that UniTek is poised to achieve growth and success in the second half of 2013."
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts