December 14, 2011 − Plymouth, Minnesota — Unitron US today announced that it has strengthened its management team with the appointment of Nick Stephan as Vice President of Finance & Controlling. In this position, Mr. Stephan oversees the financial performance, including the budgeting and forecasting processes, for Unitron US. In addition, he will also manage the Information Technology department and participate in contract negotiations.Before joining Unitron, Mr. Stephan served as Senior Director of Finance at Siemens Hearing Instruments, Inc. Other previous positions include Chief Financial Officer (CFO) at Rexton/MEMSI, Inc., and multiple executive and management positions at Siemens Medical Systems, Inc. His experience comprises a total of approximately 20 years in the hearing instrument industry and 10 years in medical systems.
"We are very fortunate to have Nick directing our financial operations, particularly with his wealth of industry experience and proven leadership," says Rodney Schutt, President and CEO, Unitron US. "He understands the language and nuances of the industry, which has allowed him to step in and become a leader and immediately contribute to our bottom-line success."
Mr. Stephan regards his Unitron appointment as a significant step forward for himself, both professionally and personally. "Unitron is in a strong position with industry-leading products and customer service, delivered by top-notch people," he states. "Even during my initial discussions with the company, I could tell this is an organization that endorses a people-oriented culture and views empowerment as a key to success. These are values I have always embraced."
Mr. Stephan earned his bachelor's degree in business administration and economics from Rutgers, the State University of New Jersey, and his MBA degree in finance/business administration from Farleigh Dickinson University.
About Unitron
Unitron cares deeply about people with hearing loss and work closely with hearing healthcare professionals to make advanced, purpose-driven solutions available to everyone. Headquartered in the Waterloo Region, Canada, Unitron, a member of the Sonova Group, meets the needs of our customers through 19 international offices and through distributors in a further 45 countries. For more information, please visit us on the web at unitron.com/us or the Unitron web channel on AudiologyOnline.
