MTS Systems CFO Sue Knight To Retire At Year-end; Oldenkamp Named Successor

(RTTNews) - MTS Systems Corp. (MTSC) on Wednesday announced the planned retirement of Sue Knight, Senior Vice President and Chief Financial Officer, and the appointment of Jeff Oldenkamp, currently the Vice President of Finance for the MTS Test business, as her successor.

Sue will retire at the end of calendar year 2014, at which time Jeff will assume the CFO role, providing adequate time for a smooth transition of the finance leadership responsibilities over the months ahead, the company said.

Prior to joining MTS in January, Oldenkamp was the Americas Operations Chief Financial Officer and Vice President of Finance for Nilfisk-Advance, Inc. He also has held various financial leadership positions at Emerson Electric, Inc., including Chief Financial Officer and Vice President of Finance for Rosemount Flow Division.