Schramm, Inc., a world-class manufacturer of mobile, land-based drilling rigs used extensively in the global energy, mining and water industries, announced today the appointment of Thomas (Tom) G. Strauss (58) as the company’s Chief Financial Officer (CFO), effective immediately. Strauss replaces Senior Vice President and CFO John Bellis, who will retire effective October 1, 2015, after more than 30 years with the company.
“This is a transformative time for the company as we seek to continue to expand our market share in oil and gas while maintaining our premier position in mining and water,” said Bobby Bryan, President and CEO of Schramm. “I am confident that Tom¹s leadership abilities and successful track record with mid-sized and Fortune 25 manufacturing companies will be vital to our continued growth and success.”
For the past five years Mr. Strauss has served as the CFO of Arbill Industries, Inc., a Philadelphia-based manufacturer and distributor of safety equipment and supplies. In this role, Tom developed and designed innovative revenue and pricing models and a robust financial control system to assist in monitoring and controlling the Company¹s financial results and forecasts. He also successfully led a Business Process Management Team that developed and implemented continuous improvement projects that increased efficiency and productivity throughout the organization.
“With its great history of American manufacturing excellence and innovation I’ve long admired Schramm and its established legacy,” said Mr. Strauss. “It’s gratifying to have the opportunity to play a role in its next phase of innovation and market leadership.”
Tom is an active CPA, has an MBA in International Business from Rochester Institute of Technology and has a BS degree in Accounting from St. John Fisher College in Rochester, New York. Effective immediately Mr. Strauss will assume the responsibilities vacated by Mr. Bellis ahead of his retirement.
“John has played a big part in propelling Schramm’s growth and sustainability over the past three decades,” said Mr. Bryan. “We are indebted to his unconditional commitment to the company and wish him well in this next phase of his life.”