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Schmidt named Walthers CFO

By Hal Miller
Published: May 7, 2010
Kathy Schmidt
Model railroad distributor-manufacturer Wm. K. Walthers Inc. has announced the hiring of Kathy Schmidt, CPA, as chief financial officer.

According to a Walthers release, Schmidt previously served as director of finance/accounting controller for heating and air-conditioning distributor Gustave A. Larson Company of Pewaukee, Wis., and controller of Design Specialties, Inc., a manufacturer of custom fireplace doors.

Schmidt will oversee Walthers’ finance and accounting departments, and work to develop new operating strategies for these important operations.

“Kathy will play a key role in the long-term success of the company,” says President Phil Walthers. “She has a clear understanding of the financial challenges that small and specialized businesses like ours face today, and practical ideas that will help us adapt and grow for the future.”