ARI (OTCBB:ARIS), a leading provider of technology-enabled services that help dealers, distributors and manufacturers in selected vertical markets enhance revenue and reduce costs, announced today that Darin Janecek has been promoted to Chief Financial Officer.
In his new role, Janecek will be responsible for all financial, compliance and risk management functions in the organization. He brings the knowledge and leadership experience he has gained from more than 20 years in finance and accounting. Janecek joined ARI as Director of Finance in May 2009 and was promoted to Vice President of Finance shortly thereafter.
"We are very pleased to have Darin assume these additional responsibilities and continue his excellent track record of leadership and results that the organization has come to expect from him," said Roy W. Olivier, president and chief executive officer of ARI. "Since joining ARI, Darin has built a highly capable finance organization and has significantly improved both financial and management reporting within the organization. He has helped streamline our processes, instilling a sense of financial discipline within the entire management team."
"Darin and I have worked together closely since he joined ARI and I have no doubt that I am leaving the role of CFO in very capable hands," said Brian Dearing, ARI’s chairman who served as interim chief financial officer until Janecek’s promotion.
Prior to joining ARI, Janecek served as Director of Strategic Finance at Johnson Controls, Inc., in Milwaukee, where he led the group responsible for the financial aspects of acquisitions, divestitures, and other strategic business initiatives.
"ARI has been both a fun and challenging environment for me, and I believe that the diversity and experience of the management team can take ARI to the next level," said Janecek. "We have made great strides thus far and I look forward to continuing to help the organization grow profitability and deliver the tangible value that both our customers and shareholders expect."
Prior to Johnson Controls, Janecek held several positions of increasing responsibility in corporate finance and consulting, primarily specializing in mergers and acquisitions, corporate financial analysis and financial due diligence. Janecek began his career as an auditor with Deloitte & Touche in Milwaukee. He is a certified public accountant, and earned a master’s degree in business administration from Loyola University, Chicago, and a bachelor’s degree in accounting from the University of Wisconsin, Milwaukee.