Raven Industries Names CFO

Raven Industries, Inc. has announced that Steven E. Brazones, 41, will join the company as its Chief Financial Officer (CFO), effective December 1, 2014. Brazones succeeds Thomas Iacarella, 60, who will remain with the company and work with Brazones to ensure a smooth transition.

“Steven brings a wealth of finance knowledge, M&A skills and leadership experience with large, global companies — and he is a great cultural fit. We are very pleased to welcome him aboard and look forward to his contributions to our executive team,” said Dan Rykhus, President and Chief Executive Officer. “I also would like to thank Tom for his significant role in building the company’s financial function and capabilities over the last 23 years. He has positioned Raven’s finance function well for the future.”

Brazones has over 17 years of global finance experience. From 2002 to 2014, he held a variety of positions with H.B. Fuller Company, a $2.1 billion global manufacturer of specialty chemicals based in St. Paul, MN. Most recently, he served as the Company’s Americas finance director, where he led all finance activities for the region and had financial responsibility for $1.1 billion in revenue. Previously, he served as the assistant treasurer and the director of investor relations.

Prior to his tenure with H.B. Fuller, Brazones held various roles at Northwestern Growth, a mergers and acquisitions group backed by publicly traded Northwestern Energy. He began his career as an equity analyst with Strong Capital Management.

Commented Brazones: “I am very excited to join Raven Industries, a financially strong company with both a rich history and a compelling future. I look forward to working with Dan and the rest of the Raven team to advance the company’s growth strategy and drive shareholder value.”

Brazones earned an MBA in finance and accounting from the University of Chicago Booth School of Business. He received a bachelor’s degree in economics from the University of South Dakota School of Business.

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