Jasper-based Kimball Electronics Inc. (Nasdaq: KE) has announced that Vice President and Chief Financial Officer Michael Sergesketter will be retiring at the end of June. Sergesketter, who has been in the role since 1996, will be succeeded by Jana Croom, the company’s vice president of finance.
“It is with mixed emotions we say farewell to our friend and colleague, Mike Sergesketter,” said Donald Charron, chief executive officer of Kimball Electronics. “Mike has been a trusted partner for decades, and his leadership and in-depth knowledge of our business will be sorely missed. On behalf of our Board of Directors and the entire company, I want to extend our sincere gratitude and appreciation to Mike for his dedication and service. We wish him the very best, he will always be a valued member of the Kimball Electronics family.”
The company says Croom has more than 20 years of experience in various areas of finance. Croom joined Kimball in January 2021 from Merrillville-based NiSource Inc., one of the largest utility companies in the United States.
“I want to thank Don, the leadership team, and the entire Kimball Electronics organization for the support and friendship over the last 40 years,” Sergesketter stated. “I have been very fortunate to serve the company and the Dubois County community throughout my career, and I am leaving with friendships and memories that will last a lifetime. I congratulate Jana on her new role. In a short period of time, Jana’s insights and fresh perspective have made a meaningful impact on our team. I look forward to working with her to ensure a smooth transition for the business.”
The company says Croom’s background includes strategic enterprise planning, leading a geographically diverse workforce, building effective teams and driving continuous improvement.