ADDvantage Technologies Group, Inc. Names Michael Rutledge as Chief Financial Officer, Effective September 7, 2021
September 03, 2021 at 08:00 am EDT
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ADDvantage Technologies Group, Inc. announced that it has named Michael Rutledge, a proven finance executive with more than 10 years of experience in financial leadership roles at public companies and 12 years of experience with a Big 4 accounting firm, as its Chief Financial Officer, effective September 7, 2021. Mr. Rutledge joins ADDvantage Technologies from SomnoMed Group, where he served as Vice President, Finance for the past five years. Previously, he spent two years as CFO at BG Staffing, where he played a key role in taking the company public and raising $16 million. Prior, he spent three years as VP of Finance with Cantel Medical Corporation, a publicly owned manufacturer of medical products, which acquired Byrne Medical, Inc., where he was CFO.
ADDvantage Technologies Group, Inc., through its subsidiaries, is engaged in wireless infrastructure services for wireless carriers, tower companies and equipment manufacturers, and distributes and services a comprehensive line of electronics and hardware for the telecommunications industry. Its segments include Wireless Infrastructure Services (Wireless) and Telecommunications (Telco). The Wireless Segment provides wireless infrastructure services for the four United States wireless carriers, communication tower companies, national integrators, and original equipment manufacturers. These services consist of the installation and upgrade of technology on cell sites and the construction of new small cells for fifth generation (5G). The Telco segment sells new and refurbished telecommunications networking equipment, including both central office and customer premise equipment. This segment also offers its customers repair and testing services for telecommunications networking equipment.