Clean Diesel Technologies Inc. (CDTi) has appointed Tracy Kern as chief financial officer (CFO) effective June 1. She will report to CDTi’s CEO Matthew Beale.
“To execute our advanced materials and high-value catalyst strategy, we have repositioned the company,” said Beale. “We welcome Tracy, our new CFO who is a proven accounting executive with more than 15 years of financial leadership experience. In addition to her wealth of strategic and operational expertise, she has helped shepherd two public companies through transformations. As we continue the acceleration of our commercial and operational goals, her deep understanding of process improvements and turnarounds will provide important insight for CDTi.”
Kern added, “I am excited to join CDTi at this pivotal time for the company as it drives toward sustainable profitability and long-term growth, and I look forward to contributing to its success as an advanced materials provider for the global emissions control market.”
Beale concluded, “I would also like to extend my gratitude to Dave Shea, who has served as CFO since July 2014 and will assist in the transition process. We appreciate Dave’s contributions and wish him well in his future endeavors.”
Kern has more than 15 years of experience in finance, accounting and auditing. Her most recent position was CFO at Interlink Electronics Corp., a provider of force-sensing technologies, where she led the company’s relisting with Nasdaq after a five-year absence and instituted internal controls to ensure compliance with SEC requirements. From 2008 to 2015, Kern was corporate controller at Vitesse Semiconductor Corp., a global provider of high-performance integrated circuit solutions for carrier, enterprise and internet-of-things networks that was traded under the ticker VTSS until it was acquired by Microsemi Corp. At Vitesse, she managed a 10-member accounting team, responsible for all aspects of domestic and international operational accounting, implemented financial statement controls and supported due diligence leading to debt negotiations and the company’s merger. From 2003 to 2008, Kern was CFO of CHAD Therapeutics, Inc., a publicly traded medical device manufacturing company. At CHAD, she was responsible for financial analysis and reporting and SEC compliance, and was part of the successful negotiation of significant corporate asset sales as well as acquisition of corporate financing. From 1998 to 2003, Kern was audit manager at the public accounting firm KPMG LLP.
Kern is a Certified Public Accountant and holds a Bachelor of Science degree in accounting from California Lutheran University.
