Champion Elevator Welcomes Klosterman as CFO

Champion Elevator Corp. announced the appointment of Patrick Klosterman to the role of chief financial officer (CFO), effective October 17. In this role, he is responsible for steering the company’s overall financial strategy as it continues to expand its footprint. Bringing more than 16 years of finance experience, Klosterman reports directly to Champion President and CEO Don Gelestino. During his four years as chief operating officer and CFO at Sonneman, Klosterman implemented initiatives to optimize organizational infrastructure and lead organizational improvement programs. Klosterman holds bachelor’s degrees in economics and English from The Wharton School at the University of Pennsylvania, and an MBA from Stanford Graduate School of Business. Champion, headquartered in NYC with locations in Connecticut, Long Island, the Hudson Valley and New Jersey, said Klosterman “joins us at an ideal time, as we are working on a finance transformation and other strategic initiatives to improve efficiency across the organization while we sustain our growth momentum.”