NAI, a designer and manufacturer of custom interconnect solutions for power and signals to monitor data, has announced the appointment of Clay Thelen to the position of Chief Financial Officer (CFO).
As Chief Financial Officer, Clay Thelen will lead the finance, accounting, IT, and human resources operations globally. Thelen brings extensive experience in the areas of acquisitions, capital markets, accounting, and financial planning and analysis, upon which he will draw to support NAI’s aggressive growth plans. Leveraging NAI’s partnerships, Thelen will provide significant focus on external growth through acquisitions and will be a key liaison to all stakeholders.
“We are excited to welcome Clay to the Strategic Leadership Team as NAI’s CFO. His solid background and deep capabilities provide a strong enhancement to our team. He is a key addition to support our continued growth, both organically and through acquisitions. Clay is the right partner to add given our continued growth and momentum,” states Jon Jensen, President and CEO of NAI.
According to NAI Thelen has held financial leadership positions throughout his career. Prior to joining NAI, he was the chief financial officer at Agree Realty Corporation, a publicly traded real estate investment trust, and at AJ Capital Partners, a private equity firm. Additionally, Thelen held senior positions at Strategic Hotels and Resorts, an owner and operator of hospitality real estate. Thelen began his career at Ernst & Young, LLP and is a Certified Public Accountant (inactive).
Clay Thelen holds a Bachelor of Arts in Accounting from Michigan State University, a Master of Science in Accounting from Michigan State University and a Master of Business Administration from the University of Chicago Booth School of Business.
Thelen succeeds George Walter, who announced his retirement as part of a planned transition.