FlightSafety International has promoted Rick Madarasz to treasurer and chief financial director.

“We look forward to Rick's contributions as treasurer and chief financial director,” says Trish Lampe, senior vice president and chief financial officer. “Rick is highly experienced in finance, has an in-depth understanding of our processes and systems, and is an effective leader. I look forward to working with Rick as we oversee the financial matters of the company.”

Madarasz joined FlightSafety in 2017 as financial director and has since been responsible for general accounting, reporting and financial related matters. In his new role, he assumes additional responsibilities including cash management, credit and collections, invoicing and disbursements.

Prior to joining FlightSafety, he had held senior financial positions in various industries, most recently as chief financial officer of a firm specialising in building commissioning in the construction industry. Prior to that he was vice president, accounting and controller of an NYSE listed medical device manufacturer. Earlier he was vice president of finance and administration of the North American subsidiary of a German steel company, and an audit manager at Price Waterhouse.