Market Overview

Ladd Watts Named CFO for TIE Industrial


Ladd Watts Named CFO for TIE Industrial

Ladd Watts promoted to Chief Financial Officer (CFO) to TIE Industrial.

PR Newswire

LAVERGNE, Tenn., Aug. 8, 2018 /PRNewswire-PRWeb/ -- TIE Industrial "TIE", a leading aftermarket supplier of industrial automation parts, services and robotics repairs, today announced that Ladd Watts has been promoted to the position of Chief Financial Officer (CFO). Watts will oversee financial strategy, management and operations reporting / KPI analysis for TIE and its growing portfolio.

"During his tenure here, Ladd has proven to be a valuable asset in managing the financial aspect of operations and sales for all of our affiliates including Fanucworld, TIE Automation Repair and most recently Master Robotics. Through his strong business acumen and strategic analysis capabilities, Ladd has delivered operational and financial efficiency across our business units, and we look forward to continued improvement," adds Tony Wisniewski, CEO of TIE Industrial.

Previously, Watts held various Sr. Finance roles at SVP Worldwide and Mars incorporated, a global CPG company. He developed pricing and product strategies for his line and implemented continuous process improvements to deliver speed and accuracy in tracking and reporting financials. In addition, he previously headed procurement finance and was plant controller for a Mars manufacturing facility in Texas.

Watts is a CPA and holds an MBA from Thunderbird School of Global Management where, he graduated with distinguished honors.

About TIE Industrial

TIE serves the industrial automation aftermarket as a leading supplier of new and refurbished parts, repairs and other services for CNC automation, Robotics, Motion Control and Process Automation. Since 1992, TIE has grown to become one of the largest providers of aftermarket support for CNC automation in North America. In addition to its original focus on FANUC CNC equipment. For more information on Fanucworld,click here. TIE offers support for more than major industrial automation brands including notables such as Siemens, ABB (Baldor), Allen-Bradley, Mitsubishi, Okuma and Yaskawa. Through its Master Robotics division TIE also offers robotic repair and refurbishment services for FANUC, ABB, Motoman and Kuka, and is an authorized software reseller for FANUC Robotics.

We deliver machine uptime to the manufacturing industry with the world's largest inventory of high quality, refurbished, certified, and tested parts at a significant discount off new OEM manufactured parts with a repairable exchange. Click here for more information about TIE Industrial.

TIE Industrial PR contact:
Becky Sargent
Vice President, Marketing
TIE Industrial
T: (615) 471-5070


SOURCE TIE Industrial

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