Helios Technologies adds two leaders to C-suite roles

Sarasota-based Helios Technologies is adding to its C-suite. The publicly traded company (NYSE: HLIO), which makes highly engineered motion control and electronic controls technology, has named a new CFO and chief accounting officer. 

Michael Connaway will become the company’s CFO in October. For the past year, Connaway has served as CFO for wireless transport provider Aviat Networks (NASDAQ: AVNW). Before then, he worked for companies including General Electric and Honeywell, where he was the CFO of Honeywell's $7 billion energy and sustainability solutions segment, according to a statement. 

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“Michael brings more than two decades of financial and operational expertise, including public company CFO experience, which will be instrumental as we execute our long-term strategy,” Helios CEO and CFO Sean Bagan says in the statement. Bagan has held the role of CFO at Helios since 2023. When Connaway comes on board at an October date to be determined, Bagan will relinquish the CFO title.

“My goal is to draw from my past experiences at leading industrial technology companies to enhance Helios’ strong market positions, resulting in profitable sales growth through disciplined cost management and consistently adding value for our shareholders,” Connaway says in the statement.

Helios is also adding a chief accounting officer to its leadership team.

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Effective Sept. 1, Corporate Controller Jeremy Evans will be promoted to the expanded role of chief accounting officer.

“Since joining Helios, I’ve seen firsthand the capabilities that our teams have to develop innovative products and create solutions for our customers,” Evans says in a statement. “Those capabilities, along with solid financial discipline, have positioned us well to drive profitable growth over the long-term.”

Before working at Helios in 2024, Evans gained 25 years of financial management leadership experience with Clearwater-based Tech Data, now TD SYNNEX Corporation (NYSE: SNX). 

Helios posted $805.9 million in total net sales in 2024.