GroupeSTAHL Advances Strategic Vision with Hiring of New CFO

September 7, 2022

GroupeSTAHL, St. Clair Shores, Mich., is continuing the company’s mission of innovation with the hire of Derek Nugent as its newest Chief Financial Officer.

The addition of Nugent to the leadership team is critical in GroupeSTAHL’s trajectory and growth as a globally recognized industry leader, according to the company.

Nugent joins GroupeSTAHL with more than 16 years of experience as a dedicated finance and accounting leader in the technology, automotive, manufacturing and defense sectors. With vast expertise in financial planning and analysis, he most recently served as Chief Financial Officer at FIRMO, an automotive manufacturing company specializing in automotive interiors.

In his new role, Nugent will be responsible for assessing the organization’s business plan, while helping to extend the reach of the brand and explore emerging opportunities.

“We are thrilled to welcome Derek to the team as he will implement structure and processes which will take GroupeSTAHL to the next level,” says Carleen Gray, CEO of GroupeSTAHL. “As we look to maintain record growth, we also look to improve our speed to market, increase capacity, ensure continued innovation, and expand reach to provide our customers with the highest quality materials and equipment. I am confident that Derek’s extensive background in both leadership and finance will help us in this journey and lead us towards growth for years to come.” — D.S.