Strategic Finance Professional David Kuhman Joins Growing Electronics Distributor

Asian Atlantic Industries (AAI) (the “Company”), a privately held global independent electronics distributor, announced that David Kuhman recently joined the company as its chief financial officer. Mr. Kuhman reports to CEO Tom Mahoney and COO Mark Weidman.

Succeeding John Caulfield in the CFO role, Kuhman is responsible for all financial management aspects of the company, including financial reporting and compliance, treasury management, and maintaining banking relationships. Additionally, as a key member of management, Kuhman will provide strategic financial planning and will play a leadership role in the company’s human resource management.

Before joining AAI, Kuhman served as vice president of finance and operations at Fischer Skis US for 11 years. Prior to that, he spent nearly 18 years as an auditor in public accounting, where he served as senior audit manager, occasionally acting as interim chief financial officer for several of his clients. During his tenure in public accounting, he audited AAI’s finances on behalf of his company.

“We are thrilled to be working with Dave again,” said CEO Tom Mahoney. “His extensive accounting experience and valuable knowledge of AAI’s business units add immediate strength to our organization. We are confident Dave will make extensive contributions to the future success of our company.”

Kuhman is a certified public accountant, and holds a BBA in accounting and finance from St. Bonaventure University of Olean, N.Y., graduating cum laude. For the past six years, he acted as treasurer for Pastoral Counseling Services in Manchester, N.H., and previously served as president, board of directors for the Manchester, N.H. Big Brothers Big Sisters program.

“I am very excited to join AAI’s executive team,” Kuhman says. “Tom has demonstrated great fortitude and passion in building the company, and I look forward to ensuring that the financial reporting and management functions of the organization also evolve as we grow our capacity.”

With annual revenues of more than $100 million USD and 15 worldwide locations, AAI utilizes the management team’s combined industry experience to deliver exceptional service while accommodating varying customer needs. Its Finished Goods Division leverages the Company’s financial strength and relationships with key manufacturers, distributors, suppliers, retailers, and e-tailers to facilitate a wide range of product requests of any quantity. The Integrated Circuits Division distributes electronic components to large OEM and contract manufacturers, and helps create positive price variance (+PPV), fill shortages, and sell excess inventory. The global electronic components marketplace, estimated at $300 billion USD in size, is expected to continue its robust growth as technology innovations drive both the escalating use and rapid obsolescence of embedded components. AAI’s up-to-the-minute marketplace knowledge and sourcing technologies makes the Company uniquely positioned to keep customers well ahead of this curve.