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Spartronics, a contract manufacturer of complex electronic and electromechanical devices for commercial aerospace, defense, medical devices, life sciences, instrumentation and control, and space applications, announced the appointment of Jeffrey T. Schlarbaum as Chief Executive Officer, effective immediately.
“We are very excited to have Jeff join Spartronics as CEO,” said Todd Bradley, Executive Chairman of Spartronics. “Jeff has a well-established track record of leadership in the electromechanical and electronics sector, and he is the right leader for our company for its next phase of dynamic growth.”
Prior to joining Spartronics, Mr. Schlarbaum was President & CEO of electronic contract manufacturing services company IEC Electronics Corp (NASDAQ:IEC). During his tenure gross profit margins more than doubled and, over the course of six years, sales grew at a CAGR of 24 percent. In October 2021, Mr. Schlarbaum successfully led the sale of IEC to global electronics manufacturing service business Creation Technologies.
Previously, he served as Chief Operating Officer of privately-held laser & optics technology company Lasermax, where he was responsible for all facets of day-to-day operations. Earlier in his career, he held executive positions at electronic manufacturing service companies Plexus Corp. (NASDAQ:PLXS) and Micron Custom Manufacturing. Mr. Schlarbaum currently sits on the board of Lakeland Industries (NASDAQ:LAKE) as Chairman of the Audit Committee and holds a Bachelor of Business Administration, Magna Cum Laude from National University, San Diego, CA and a Master of Business Administration from Pepperdine University, Malibu, CA.
“I have long admired Spartronics for its innovation, quality and outstanding customer service and I am excited about the opportunity to help build upon that reputation,” said Mr. Schlarbaum. “There is growing need for business partners who bring both industry-specific expertise and flexibility, and I am confident that Spartronics has the talent and capabilities to seize this opportunity to drive growth.”