Cirtronics, an advanced contract manufacturing company in Milford, NH, announced today that after a distinguished 26-year career with the company, George Mandragouras is retiring as Chief Financial Officer (CFO).
“On behalf of all Cirtronics’ employee owners and our Board of Directors, I want to extend our deepest thanks to George,” said Dave Patterson, President and Chief Executive Officer. “Over his years of service, George has played an integral role in developing our financial strategies and company culture of openness and transparency, as well as establishing our Employee Stock Ownership Program. He has built a strong financial infrastructure and team with deep expertise,” Patterson continued. “George will be missed, and we wish him the very best as he enters the next chapter of his life.”
Daniel Habhegger has joined the Cirtronics team as their new CFO. Dan brings over 25 years of extensive financial and analytical experience in various industries – including transportation, software, and medical devices. Before joining Cirtronics, Dan served as the CFO at Precision Optics Corp., where he managed day-to-day accounting, investor relations, banking, treasury, and operating cash flow activities in addition to forecasting and financial planning. Dan has also served as CFO of Weather Service International and the Director of Financial Planning and Analysis for SmartBear Software and AgaMatrix, Inc., creating long-range financial models to support valuation, profitability, and cost reductions.
“We are pleased that Dan will be succeeding George in the role of CFO, bringing his expertise and extensive financial leadership experience. George’s retirement and Dan’s appointment to the CFO role are part of our continuing evolution as a company,” added Patterson.
New CFO Dan Habhegger commented, “I am very excited to join the Cirtronics team and have seen their great potential for growth firsthand. Based on their culture-driven mentality and purposeful practices, I look forward to being a true partner and owner within the Cirtronics family.”
Cirtronics is a great choice for customers looking to build a strategic, interdependent, collaborative relationship with their contract manufacturer. Founded in 1979 in Milford, New Hampshire by Gerardine Ferlins, Cirtronics’ foundation is built on the idea that each individual holds unique potential. The organization’s role is to identify and develop that potential through ongoing collaboration and engagement. The company’s mission is to serve and continually improve under its DUO (Do Unto Others) philosophy. DUO is practiced in every interaction with each of the “6 We Serve”: Customer, Corporation, Employee, Supplier, Environment and Community.
Since 2002, Cirtronics has offered an Employee Stock Ownership Program (ESOP), now at 40 percent ownership. Cirtronics’ culture of ownership runs through all aspects of the organization, extending from relationships with suppliers through shipping of every single product. Employee-owners are direct stakeholders who recognize the customer as an extension of their own business. Dedicated to positive outcomes and proactive engagement, employees bring their best to every interaction with customers and to every decision impacting the company infrastructure and offerings. Additionally, Cirtronics is ISO 9001 and ISO 13485 certified, as well as FDA registered.