MACEDONIA, Ohio—TPC Wire & Cable Corp. has hired Victor March as its new chief financial officer.
Most recently the CFO of Exal Corp., TPC said March has decades of experience in financial leadership and acquisition integration, and an understanding of private equity-owned businesses, according to a news release. Boston-based Audax Private Equity bought TPC in May 2015.
When TPC CEO Jeff Crane came on board in January 2016, the company made it clear it was looking to accelerate acquisitive and organic growth. The firm said its hiring of March supports that strategy.
At Exal, March directed consolidation of financials, completed global audits and focused on customer profitability. Before his time at Exal, he was CFO at Excel Polymers L.L.C.
"I'm delighted that Vic has agreed to join us," Crane said in a statement. "He brings analytical capabilities that will allow us to tie company strategy with key metrics, which will better inform our efforts to grow and become more profitable."
TPC produces wire, cable, connectors and assemblies used in industrial environments.