SALEM, N.H. — Standex International Corporation announced that Chief Financial Officer Thomas DeByle will be leaving the company to pursue a new opportunity. 

Standex recently announced the promotion of DeByle to chief operating officer and named Ademir Sarcevic to replace him as CFO, effective September 9, 2019. DeByle will work closely with his successor to assure a smooth transition.

"Tom has been a valuable member of our senior management team for the past 11 years,” said David Dunbar, Standex's president and chief executive officer. “He has been instrumental in helping us gain the financial flexibility to implement our strategy of becoming a more focused industrial company through scaling our growing businesses and continuing our portfolio transformation.  I greatly appreciate his many contributions and wish him the best in his new endeavor."

As previously announced, Sarcevic, who has over two decades of financial management experience in industrial businesses, will be joining Standex from Pentair Plc., where he has been serving as its senior vice president and chief accounting officer.

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