Planar Systems Says Ryan Gray Will Replace Scott Hildebrandt As CFO In January

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8/17/2012 4:18 PM ET

Planar Systems, Inc. (PLNR: Quote) said Friday that its chief financial officer, Scott Hildebrandt, will be stepping down at the end of this calendar year.

Ryan Gray, Planar's vice president of finance, will become the company's CFO on January 1, 2013.

Hildebrandt will remain on the management team as senior vice president and CFO through the end of calendar 2012 to ensure a smooth transition, and will then move into a part time strategic role for Planar beginning in January of 2013.

Gray joined Planar Systems in 2005 as the director of finance for worldwide operations. He was appointed vice president and corporate controller in 2009. Gray brings nearly two decades of experience in the high technology industry to the CFO role at Planar.

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