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TIE Industrial, an aftermarket supplier of industrial automation parts, services and robotics repairs, announced earlier this week that Thunderbird alumnus Ladd Watts '04 has been promoted to the role of Chief Financial Officer (CFO). In this role, Watts will oversee financial strategy, management and operations reporting/KPI analysis for TIE and its portfolio.
“During his tenure here, Ladd has proven to be a valuable asset in managing the financial aspect of operations and sales for all of our affiliates including Fanucworld, TIE Automation Repair and most recently Master Robotics," TIE CEO Tony Wisniewski says in the company's press release. "Through his strong business acumen and strategic analysis capabilities, Ladd has delivered operational and financial efficiency across our business units, and we look forward to continued improvement."
A 2004 graduate of Thunderbird School of Global Management, where he graduated with distinguished honors, Watts' previous roles have included senior finance positions at SVP Worldwide and Mars, Incorporated.