Exton, PA, Tuesday, February 7, 2014 – Scala, Inc. announces Michael Schaffer as their new Chief Financial Officer and Chief Operations Officer. Reporting to Scala Chief Executive Officer Tom Nix, Schaffer started on January 20, 2014. Schaffer will be responsible for Scala’s worldwide finance, technology, facilities and human resources functions.
“Michael has extensive finance and corporate development experience and he is the perfect person to lead our finance and operation teams at this dynamic time for our company,” said Nix.
Schaffer brings a broad range of finance, human resource and technology experience to Scala. Most recently, he was Vice President of the Marine Chassis business at TRAC International in Princeton, NJ, where he lead the growth of the $300 million North American marine chassis division across 300+ points of service, with over 100 direct and indirect reports. Prior, he was the founder and CFO of Annexus Mobile Solutions, Inc., where he grew the company to be the 3rd largest national provider of mobile storage and cartage assets. Before founding Annexus, Schaffer spent 13 years with GE/GE Capital where he graduated from GE’ Financial Management Program (Executive MBA), spent three years on GE’s Corporate Audit Staff and held multiple financial and operational leadership roles. He received his Six Sigma Master Black Belt training while at GE. Schaffer received his undergraduate degree in Economics/Mathematics from Bucknell University, Lewisburg, PA.
“I am looking forward to partnering with Tom Nix, the leadership team and Board of Directors to continue to build upon the successes at Scala,” stated Schaffer.
Schaffer succeeds Jen Douglas. Douglas was brought in as Scala’s CFO in October 2013. She will remain with Scala in an advisory role through her consulting firm, JLD Advisors, which provides financial and management consulting services and is based out of the Detroit, Michigan area.
“All of us at Scala are very grateful for Jen’s tremendous contributions over the past 15 months,” added Nix. “Jen was instrumental in helping the Scala leadership team navigate a changing environment and her valuable insight and strong processes contributed to our record performance this past year. We are confident that Mike will expand on this foundation and greatly impact Scala’s future growth and innovation.”
Scala has a passion for creating intelligent digital signage solutions that move consumers, employees and products. Driving more than 500,000 screens worldwide, Scala solutions increase sales, improve brand loyalty, optimize the customer experience, and reinforce business objectives. Scala is headquartered near Philadelphia, Pa., with multiple subsidiaries across Europe and Asia, and over 500 partners in more than 90 countries. For more information, visit: www.scala.com or theirblog.