Machine tool builder Okuma America Corporation has promoted Lisa Rummel from vice president of finance to the chief financial officer (CFO). Mrs. Rummel will be responsible for the company’s finance, contract administration, information technology and human resources departments.
She became Okuma’s first female vice president when she was named VP of finance in April 2007, and with the promotion of CFO, she becomes the first female officer within the global corporation.
Mrs. Rummel began her career in public accounting before moving into the manufacturing industry with what is now Textron, where she gained her first experience with machine tools. In 1989, she began working for Okuma. Her responsibilities since then have included cost accounting for manufacturing, accounting and finance for the sales division, corporate finance and tax accounting.