ARC Group Worldwide Appoints R. Brian Knaley CFO

11/30/17

DELAND, Fla., Nov. 30, 2017 (GLOBE NEWSWIRE) -- ARC Group Worldwide, Inc.  (NASDAQ:ARCW), a leading global provider of advanced manufacturing and metal 3D printing solutions, today announced the appointment of Mr. R. Brian Knaley as the Company’s new Chief Financial Officer. Mr. Knaley will replace current Chief Financial Officer, Mr. Kelley, who will remain with the Company as Interim Chief Executive Officer.

Mr. Knaley is a highly experienced financial executive with a diverse knowledge of accounting, finance, mergers and acquisitions, divestitures, and operations management. In particular, he held several senior leadership positions with Spectranetics Corporation, a developer and manufacturer of single-use medical devices, Arcelormittal USA, a steel and mining company, and Caterpillar Tunneling. Overall, Mr. Knaley brings nearly 25 years of experience in accounting, audit, finance, IT, treasury and risk management.

Commenting on the appointment, Mr. Kelley said, “We are excited to have Brian join our leadership team at an important point in our Company’s evolution. Brian understands managing, leading, and most importantly, driving results in the complex, global advanced manufacturing environment. I am confident that his accounting and finance expertise is well suited to guide ARC’s current fiscal discipline undertakings as well as long-term growth.”

Mr. Knaley is a CPA and received his Bachelor of Arts from Thomas More College.

About ARC Group Worldwide, Inc.

ARC Group Worldwide, Inc. is a global advanced manufacturing and metal 3D printing service provider focused on accelerating speed to market for its customers. ARC provides a holistic set of precision manufacturing solutions, from design and prototyping through full run production. These solutions include metal injection molding, metal 3D printing, metal stamping, plastic injection molding, clean room injection molding, thixomolding, and rapid and conformal tooling. Further, ARC utilizes technology to improve automation in manufacturing through robotics, software and process automation, and lean manufacturing to improve efficiency.

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