Abaco Systems Names William Read Chief Financial Officer

Proven Executive Brings Extensive Financial and Operational Expertise to the Company

HUNTSVILLE, Ala.--()--Abaco Systems, a leading-edge provider of rugged, embedded systems, today announced the appointment of William Read as Chief Financial Officer, effective immediately. Mr. Read will be responsible for all financial transactions and functions, including accounting, compliance, tax, treasury, reporting, planning, analysis and risk management and will work with the executive team to develop key strategies to accelerate growth.

“Bill has significant experience developing and implementing corporate-wide strategies to drive growth, and I am confident that his passion and proven track record will help further strengthen Abaco’s competitive position as we continue to deliver innovative technology solutions to help serve our customers’ mission critical programs.”

“We are excited to welcome Bill to our executive management team as we continue to invest in new products and technologies for our customers,” said Rich Sorelle, Chief Executive Officer of Abaco. “Bill has significant experience developing and implementing corporate-wide strategies to drive growth, and I am confident that his passion and proven track record will help further strengthen Abaco’s competitive position as we continue to deliver innovative technology solutions to help serve our customers’ mission critical programs.”

Mr. Read brings many years of experience as a senior financial and operations executive. He joins Abaco from Harmar, where he most recently served as Chief Financial Officer. Mr. Read has also held senior financial positions at BBB Industries, Continental Motors and Teledyne Technologies. Mr. Read holds an MBA from Belmont University and received his BS in Accounting from University of Tennessee.

About Abaco Systems

With more than 30 years’ experience, Abaco Systems is a global leader in open architecture computing and electronic systems for aerospace, defense and industrial applications. We create innovative, modular solutions based on open standards that are characterized by outstanding price/performance, ultimate rugged reliability and minimal SWaP-C. Our goal is to be a significant contributor to our customers’ success, partnering with them to reduce cost, time-to-deployment and risk and supporting them over the long term. With an active presence in hundreds of national asset platforms on land, sea and in the air, Abaco Systems is trusted where it matters most.

Contacts

Abaco Systems
Ian McMurray
Communications Manager
ian.mcmurray@abaco.com