Bunting庐 Magnetics Co., the leader in moving, removing and holding metal, announced that Jana Davis has been promoted to Chief Operating Officer (COO), a new position within Bunting Magnetics, effective May 30, 2016. Jana joined the company in 2011 as Chief Financial Officer. As COO, Jana will be responsible for overseeing the day-to-day business operations 鈥 including manufacturing, distribution and engineering 鈥 of all four Bunting Magnetics divisions: Bunting Magnetics Co. (Newton, KS); Bunting鈥檚 Magnet Materials Division, including its e-commerce site (Elk Grove Village, IL); Bunting Magnetics Europe (Berkhamsted, UK); and Magnet Applications, Inc. (DuBois, PA). Davis will continue to report to Bob Bunting, President & CEO, who made the announcement. 鈥淛ana is a trusted leader who, as Chief Financial Officer, consistently delivered results in financial management, corporate strategy development, operational efficiencies and people development. I can think of no one better to ensure operational excellence and drive our continued market leadership,鈥 Bunting commented. 鈥淭his addition of a COO to our executive management team greatly adds to our capacity to implement our growth strategy and allows me to focus on broader strategic issues.鈥
A search for a new Chief Financial Officer will begin immediately. Bunting鈥檚 Chief Financial Officer will manage division controllers and human resources. 鈥淚鈥檓 proud to take another step within Bunting Magnetics,鈥 said Davis. 鈥淚 look forward to this new role and helping the company take its next stage of growth.鈥
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