PrimaLoft Appoints Jason Kerley As Chief Financial Officer
PrimaLoft, Inc., the leader in advanced material technology and subsidiary of Compass Diversified (NYSE: CODI), today announced the appointment of Jason Kerley to the position of Chief Financial Officer. Currently serving as Vice President – Controller, Kerley will transition upon the retirement of current CFO, Tom Seaver.
“We are thrilled for Jason to advance into an executive role with the company,” said PrimaLoft president and CEO, Mike Joyce. “Jason has been with PrimaLoft since 2012, when he played an integral role in establishing the company’s financial organization and structure, following the management-led buyout from Albany International Corporation. Over the past decade, Jason has demonstrated that he deeply understands our history, company values, and our overall business. We look forward to his valuable partnership as a part of our executive leadership team.”
During his time with PrimaLoft, Kerley has been instrumental in the development of the company’s business systems, coordination of international finance reporting, and the company’s financial and tax audits. He also played a pivotal role in the company’s private equity transactions with Prudential Capital Partners, Victor Capital Partners and Compass Diversified, leading due diligence processes and accounting requirements.
“I’m excited for this next step in my tenure at PrimaLoft,” said Jason Kerley. “I’m grateful for the opportunity to continue to build upon our foundation of financial and operational excellence.”
Kerley is replacing Tom Seaver, who is retiring this year after more than a decade as PrimaLoft’s CFO.
“I would like to express our deep appreciation for the immense positive impact that Tom Seaver has had during his tenure at PrimaLoft,” said Joyce. “Tom led the establishment of the company’s entire financial organization, in 2012, and has been an invaluable steward of the business over his 11 years with the company. Both personally, and on behalf of the company, I would like to thank Tom for his central role in making PrimaLoft what it is, today.”
Over the next few months, Kerley and Seaver will continue to work closely to transfer duties and ensure a smooth transition.