New Tax Director for Compass Diversified Trust
Compass Diversified Trust has announced that it has strengthened its capabilities with the addition of three new members to the Trust’s finance team, effective immediately.
Ken Terry was named corporate controller; Gary Bilello was appointed vice president of internal audit; and Jim Ferrara was made the director of taxes. The new team members will be based in Westport, CT and, with the exception of Mr. Bilello, will report to James Bottiglieri, chief financial officer of Compass Diversified Trust. Mr. Bilello will report directly to the Board of Director’s Audit Committee.
Mr. Ferrara is responsible for working with PricewaterhouseCoopers LLP in the preparation of investor tax reporting. Mr. Ferrara will also support the financial reporting function and assist in Sarbanes-Oxley compliance as they relate to income taxes. Mr. Ferrara most recently handled many of the same functions at Star Gas and also served as the director of taxes at Dorr Oliver. Jim is an alumnus of PWC.
About Compass Diversified Trust
Compass Diversified Trust and its subsidiary, Compass Group Diversified Holdings LLC, (collectively, "Compass") were formed to acquire and manage a group of small to middle market businesses that are headquartered in the United States. Compass has acquired controlling interests in four businesses: CBS Personnel Holdings, Inc., a human resources outsourcing firm; Crosman Acquisition Corporation, a recreational products company; Compass AC Holdings, Inc., an electronic components manufacturer; and Silvue Technologies Group, Inc., a global chemical hardcoatings manufacturer. Compass works with the management teams of North American based small to middle market businesses to identify and capitalize on diverse acquisition opportunities that satisfy Compass’ acquisition criteria. Compass seeks to acquire controlling interest in businesses that have stable and growing cash flows, maintain strong niche market presences and have positive macroeconomic outlooks.