Koch Enterprises names new CFO
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An Evansville native with more than 15 years of experience working in financial roles for large manufacturers has been named chief financial officer of Koch Enterprises.
Neil McDonald most recently served as CFO of AmeriQual, a privately held food packaging company based in Evansville, according to a news release from Koch Enterprises. McDonald replaces Susan Parsons, who is retiring after 40 years but will help with the transition.
Prior to working at AmeriQual, McDonald was a controller at Jasper cabinetmaker MasterBrand Cabinets and held a variety of roles with Nestle USA, including a 2007 internship while studying finance at Indiana University, according to his LinkedIn account.
“Through these experiences with a family office and multiple large manufacturers, Neil has demonstrated success in such areas as strategic planning, forecasting, strategy, merger & acquisition, and product profitability improvements that I believe will be very beneficial to our organization,” Kevin Koch, president and CEO of Koch Enterprises, said in a news release.
Originally from Evansville, McDonald earned a bachelor’s from IU and a master’s degree in business administration from Ball State University.
Based in Evansville, Koch Enterprises is a privately held corporation with seven diversified operating units: Amprod, Audubon Metals, Brake Supply, KOCH Finishing Systems, Gibbs, Koch Air, and South Western Communications. The corporation has more than 2,800 employees.