News

Michael E. DePopas Joins AEC as Senior Financial Officer

November 9, 2011

AEC, a worldwide supplier of narrow fabrics to major apparel, medical, home furnishings and industrial markets, announced the appointment of Michael E. DePopas as the company’s Senior Financial Officer. In this newly-created position, DePopas’ focus will include international accounting, cash management, financial reporting, implementing the new ERP computer system and other associated duties. As Michael DePopas joins AEC, he will report to Larry Himes, Chief Executive Officer. With the hiring of DePopas, following the May 2011 appointment of Robert Lawson as the company’s president, AEC’s executive team is well-structured for continued growth and diversification in global markets.

DePopas’ recent positions have included financial consulting and Vice-President of Finance for Hirschfield Industries, a national diversified energy and infrastructure steel company. He also served as Vice-President of Finance for Carson – Dellosa Publishing Company and as CFO for Carolina Steel Corporation. In these roles his expertise and vision for financial structuring, management and reporting achieved cost improvements and provided the metrics required for sound management decisions.

“With Michael’s understanding of manufacturing, his ability to see opportunities to grow while reducing costs, AEC achieves greater depth for financial decision-making,” noted Bob Lawson, President. “We’re especially pleased that Michael has background with joint ventures in other countries.”

Larry Himes, CEO added, “We have been strategically structuring AEC for its next 25 years, putting the people, systems and structure in place to support our growth. Michael will contribute the complementary skills that strengthen our team and AEC’s future.”

AEC’s leadership team includes Vice Presidents, John Crisco and Jeff Crisco with Gifford Del Grande, Director – Specialty Products.

AEC is a privately-held, narrow fabrics manufacturer with its headquarters in Asheboro, NC, manufacturing in Asheboro and Central America, and worldwide distribution. Its products are used in the apparel, automotive, home furnishings, medical, military & public safety, recreational, and technology industries.