Joseph M. Nowicki is stepping down as CFO and treasurer of Spartan Motors Inc. to accept a position with another company. Lori L. Wade has been named as an interim replacement for Nowicki, effective March 22.
"Joe Nowicki was instrumental in building our finance team and in leading our business transformation. Due to Joe's financial leadership, Spartan has a solid balance sheet with great liquidity. We wish him the very best in his new position,” said John Sztykiel, CEO of Spartan Motors. “I am pleased that Lori Wade has agreed to take on the additional duties of interim CFO. She knows our business well and has the support of the entire company in her new role, and particularly the support of a tremendous finance team."
Wade has served as executive director of finance for Spartan Motors since February 2008. Prior to joining Spartan, she spent more than 21 years at Eaton Corp. where she served as worldwide Sarbanes-Oxley manager, and logistics center controller.