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03/01/2018

GatesAir Bolsters Executive Team With CFO Appointment

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GatesAir has appointed John Belza as Chief Financial Officer, effective immediately. Reporting to CEO Bruce Swail, Belza will oversee the finance function, and develop new processes and initiatives to drive operational efficiencies throughout the company. In addition to his CFO duties, Belza will also oversee the human resources and information technology functions.
 
Belza comes to GatesAir with more than three decades of experience in finance and operations, most recently at Lombart Instrument, a private equity-held medical equipment distribution company where he served as CFO. Prior to Lombart, Belza held CFO assignments at global manufacturing companies Cambridge International, Inc. (also private equity-held) and Carat Security Group. Earlier in his career,Belza held senior finance roles at General Electric in the appliances and aircraft engines businesses, and also spent seven years in Big Four public accounting.
 
At the private equity-owned GatesAir, Belza will leverage his experience to improve profitability and cash flow to drive shareholder value.Specifically, one of his main goals is to optimize the profitability of GatesAir's Spectrum Repack program for over-the-air TV stations, which he cites as an important revenue generator for the company over the next several years. Belza returns to the Cincinnati area from his home in Cambridge, Maryland, and is based in the company's Mason, Ohio corporate offices.
 
"I am very excited to join the GatesAir team and build on the past 95 years of success in the broadcast industry," said Belza. "I look forward to helping lead the company through this new chapter of growth."
 
"The opportunity to bring in an exceptional CFO who has demonstrated success with private equity-owned operations was a key factor to bringing John on board," said Swail. "We welcome John to GatesAir and look forward to the insights and knowledge he brings to our executive team."

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