Pulse Electronics Corp. (PULS: Quote) announced the appointment of Michael Bond as Senior Vice President and Chief Financial Officer or CFO. Bond replaces Drew Moyer, who resigned from Pulse to move back to the East Coast in order to be closer to his family.
Moyer's resignation is effective November 6, 2013, the company said.
Commenting on Bond, Pulse stated that he has served in various financial roles with the company over the last two years, with his most recent assignment being Vice President and Treasurer of Pulse. Bond is a seasoned financial executive with over 30 years of experience and a proven record of success. He spent the earlier part of his career in public accounting, financial management, and corporate development positions with Deloitte, several private equity firms, AT&T, Lucent Technologies, and Avaya.
Pulse also confirmed that it expects its third quarter net sales and non-GAAP operating profit to be consistent with the outlook provided on August 6, 2013.
by RTT Staff Writer
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