Position
Chief Financial Officer
Company
Lubrication Engineers
Description
Lubrication Engineers, Inc. appoints Roy Banes as the new chief financial officer, replacing Pat Kraus who will retire after 21 years in the position.
Executive Insights
Based on hiring dataNew executive impact window
87% of new executives make significant technology decisions within first 100 days
Budget influence
C-level executives control 73% of technology spending decisions
Transformation catalyst
65% of new senior hires launch digital transformation initiatives
Vendor review timeline
New executives typically review existing vendors within 6 months