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ARRI Hires CFO, Restructures Exec Team

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NEW YORK – ARRI CSC appoints David Lamadrid as Chief Financial Officer of the equipment rental group. He will address the needs of ARRI CSC and its subsidiary Illumination Dynamics, based at ARRI CSC’s headquarters in Secaucus, NJ. Lamadrid joins ARRI CSC with more than 20 years of experience in management, finance and operations. As part of the management team restructuring, Hardwrick Johnson will become Senior Vice President of Rental. Ed Stamm, continuing as General Manager of ARRI CSC Florida, will be promoted to Vice President. Mark Machover continues as Vice President Finance.

More details from ARRI (http://www.arri.com):

NEW YORK – ARRI CSC, a full service US equipment rental group, appoints David Lamadrid as Chief Financial Officer. He will address the needs of ARRI CSC and its subsidiary Illumination Dynamics, based at ARRI CSC’s headquarters in Secaucus, NJ.

Lamadrid joins ARRI CSC with more than 20 years of experience in management, finance and operations. He comes from CytoSorbents Corporation, a publicly traded medical technology company that he joined as VP of Finance in 2000, and was the company’s CFO since 2002. Prior to that, he started his business career managing operations of a beverage and commercial equipment group. He  was also a financial analyst at Chase Manhattan Bank working in the Middle Market Banking Group.

“David brings significant expertise and prior experience that will help us to ensure that we have the appropriate tools to identify opportunities and to analyze trends and challenges as we face increasingly competitive markets,” says Simon Broad, President.

As part of the management team restructuring, Hardwrick Johnson will become Senior Vice President of Rental. Ed Stamm, continuing as General Manager of ARRI CSC Florida, will be promoted to Vice President alongside Mark Machover, who continues as Vice President Finance.

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