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CTS Corporation Leadership Changes As Part Of Ongoing Simplify, Focus And Drive Profitable Growth Strategy

Stocks in this article: CTS

CTS Corporation (NYSE: CTS) has appointed three new leaders to its senior leadership team. On November 11, 2013, CTS appointed Ashish Agrawal as Vice President and Chief Financial Officer, and Anthony Urban as Vice President and General Manager of CTS’ sensors and mechatronics business. CTS also appointed Robert J. Patton as Vice President, General Counsel and Secretary, effective December 5, 2013.

Mr. Agrawal joined CTS in June of 2011 as Vice President, Treasury and Corporate Development, coming from Dometic Corporation where he spent four years as Senior Vice President and CFO. Previously, Mr. Agrawal spent 13 years with General Electric in financial roles within various GE businesses. With 19 years of diverse global experience and an MBA from Ohio University, Mr. Agrawal succeeds Tom Kroll, who is retiring from CTS in March 2014.

Mr. Urban has over 30 years of automotive industry experience, joining CTS through its acquisition of D&R Technology, LLC in December 2012, where he was President and co-owner for 14 years. Prior to D&R Technology, Mr. Urban served as Business Unit Director for Capsonic Automotive for three years and General Manager at Hi-State Manufacturing for eight years. Previously, Mr. Urban worked for seven years in various roles at General Motors. Mr. Urban earned a BS in Engineering from Kettering University, formerly General Motors Institute.

With more than 23 years of broad-based legal experience, Mr. Patton comes to CTS from Continental, AG, where he served the past seven years as General Counsel for Commercial Affairs. Previously, he was Director of Legal Affairs for Motorola, Inc.’s automotive division, and was a partner at the law firm of Vedder Price. Mr. Patton earned a Bachelors Degree from Duke University and a law degree from the University of Illinois College of Law.

Kieran O’Sullivan, CEO of CTS Corporation, stated, “I am delighted to have such experienced and dedicated leaders as part of CTS’ senior leadership team as we redouble our efforts to drive growth. I also want to thank Tom Kroll for over 12 years of excellent leadership at CTS and wish him the best in his upcoming retirement.”

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