SEATTLE--(BUSINESS WIRE)--Gaco Western, manufacturer of the most technologically advanced elastomeric coatings and polyurethane spray foam for the construction and waterproofing industries, has appointed Eric Peterson ('74) as its new chief financial officer. Peterson will be located at Gaco Western's corporate headquarters in Seattle, Washington.
"He knows the importance of blending financial discipline with the risks an entrepreneurial company takes every day. His varied industry experience and strategic vision are exactly what we need from a CFO as we focus on driving growth."
Peterson will oversee all of Gaco Western's financial strategies including budgeting and forecasting, financial reporting, planning and analysis, cash management, insurance, legal and internal audit.
"Eric is an accomplished financial leader with more than 30 years experience in accounting, analytics, strategic finance and operations management for both public and private companies," said Peter Davis, president and CEO of Gaco Western. "He knows the importance of blending financial discipline with the risks an entrepreneurial company takes every day. His varied industry experience and strategic vision are exactly what we need from a CFO as we focus on driving growth."
Throughout his career, Peterson has held financial leadership roles in small to mid-sized companies with extensive experience in building equity, debt financing, restructuring, mergers and initial public offerings. He's worked in various industries including technology, telecommunications and manufacturing. Most recently Peterson served as the CFO, vice president of finance and administration for Independent Brewers United, Inc., one of the leading brewers of craft beer under the brand names of Pyramid Breweries, Magic Hat Brewing Company and Mactarnahan's. Peterson previously served in a variety of senior financial executive positions with CypherEdge Technologies, Inc.; Isothermal Systems Research, Inc.; Pyramid Breweries; Etera Corporation; and Sequel Technology Corporation.
Peterson succeeds Mark Elliott, who served as the company's chief financial officer since 2004.
"I'm happy to join the management team of such an innovative and recognized leader in the industry," said Eric Peterson, the company's new CFO. "I believe Gaco Western has significant growth opportunity and I look forward to playing a pivotal role in its transformation by driving financial discipline and cost efficiencies."
Peterson holds a BA from Stanford University and an MBA in Finance from UCLA Graduate School of Business.
Family-owned and operated for more than 50 years, Gaco Western manufactures the most technologically advanced, proprietary elastomeric coatings and polyurethane spray foam for the construction and waterproofing industries. Dedicated to meeting the needs of its customers, the Gaco family of brands offers best-of-class solutions for a variety of commercial, industrial, and residential applications including: specialty coatings for roof, pedestrian, and traffic decking; and spray polyurethane insulation for commercial, industrial and residential applications. Core products include: GacoWallFoam insulation, GacoDeck, GacoShield, and GacoRoof coatings for residential applications; Gaco RoofFoam, GacoFlex LM-60, GacoFlex S-20, GacoPedestrianDeck and GacoAutoDeck for commercial applications. Products are available nationwide. For more information: www.gaco.com or 800.331.0196.
Waterproofing and insulating the world, from NASA to your neighborhood, Gaco Western has you covered with innovative solutions.