New Castle, Pa., USA - April 2, 2014, New Castle, Pa., USA - Axion Power International, Inc., a developer of leadÂcarbon PbC batteries and energy storage systems, announced that its chief financial officer, Stephen Graham has resigned.
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Mr.Graham joined Axion on October 21, 2013. He has 20 years of proven experience, having served as the Chief Financial Officer of successful publicly traded and privately held companies. In addition to his extensive traditional financial management background, he also has solid experience in administration, operations management, business planning and development, purchasing, information systems and human resources.
Mr. Graham was Executive and Financial Consultant with CMF Associates LLC, an international consulting and deal origination organization. During his tenure with CMF (2012-2013) he served as Interim CFO for a renewable energy company, and acted as onsite due diligence officer for the private equity firm that provided the company's financing.
Prior to his service at CMF, Mr. Graham was with Associated Materials LLC from 2009 to 2012. His tenure with this building materials company included the positions of Senior Vice President, Treasurer and Secretary and Chief Financial Officer. He served at Wastequip Inc from 2008 to 2009 as CFO of the waste disposal equipment manufacturer. From 2001 to 2008, he was Executive Vice President and CFO of Shiloh Industries (a Nasdaq-listed company), an auto parts manufacturer.
Prior to that he held positions at Republic Technologies International Inc, Dura Automotive Systems Inc, later taken private by the New York private equity firm Patriarch Partners; Truck Components Inc, acquired by Castle Harlan Inc., a New York merchant bank; and Grand & Toy Ltd which officially changed its name to OfficeMax Grand & Toy in 2013. He began his career in 1982 at Magna International, a component supplier to the automotive industry worldwide.
Mr. Graham is a Chartered Accountant, and holds a BA in Commerce and Finance from the University of Toronto. ■