– USA, KS – Cartesian (NASDAQ:CRTN), a specialist provider of consulting services and managed solutions to the global communications, technology and digital media sector, has appointed Thomas Williams and Donald Tringali to the board of directors. The two new directors will replace resigning directors David Mahoney and Donald Klumb, effective on April 25, 2016. With these changes, Cartesian’s board is now comprised of four independent directors and one inside director.
Williams brings to Cartesian’s board of directors more than 30 years of executive and financial experience. He has served in various senior leadership roles, including most recently as CFO of HRG Group (NYSE:HRG), a multi-billion dollar diversified holding company whose principal operations are conducted through businesses that: offer branded consumer products; offer life insurance and annuity products; provide asset-backed loans; and own energy assets.
Prior to HRG, Williams was President and CEO of Reader’s Digest Inc., and spent more than 21 years with AT&T and Alcatel-Lucent, where he held senior financial and officer positions, including CFO of AT&T Networks and AT&T Laboratories.
Williams has significant corporate governance and board experience, including currently serving as a director on the board of Fidelity & Guaranty Life (NYSE:FGL). He also served as a director of RDA Holding Co., Front Street Re Ltd., FS Hold Co II LTD., Zap.Com, and Frederick’s of Hollywood Group.
Williams received a BA in Economics from the University of South Florida and attended the Executive Leadership Program, Competing Strategically in Telecommunications, at Duke University, Fuqua School of Business.
Tringali is an experienced corporate director, C-level operating executive and corporate attorney. He currently serves as CEO of Augusta Advisory Group, a boutique financial and business advisory firm that provides consulting services to businesses in transition. Prior to Augusta Advisory Group, Tringali was EVP and COO of Telemundo, responsible for all business operations and strategic initiatives, including leading its sale to Sony Corporation in 1998. He began his career as a corporate attorney representing Fortune 100 companies in media and other industries.
Tringali currently serves on the board of Caribbean Broadcasting Company and has served on other public and private boards, including National Technical Systems and Bank of Tucson.
Tringali received an A.B. in Economics from UCLA and J.D. from Harvard Law School. He is a member of the State Bar of California.
“I would like to thank David Mahoney and Don Klumb for their many years of service and leadership while at Cartesian,” said company CEO, Peter Woodward. “Also, on behalf of the board, and everyone within our organization, I would like to welcome Tom and Don, both of whom share a palpable desire to elevate Cartesian to new and promising heights. We look to benefit from their collective guidance as we work to expand our global capabilities and capitalize on several key growth opportunities that will scale our business moving forward.”
About Cartesian, Inc.
Cartesian, Inc. (NASDAQ:CRTN), is a specialist provider of consulting services and managed solutions to leaders in the global communications, technology and digital media industries. Cartesian provides consulting in strategy, execution and managed solutions to clients worldwide. The company has offices in Boston, Kansas City, London, New York, Paris, Philadelphia and Washington.
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