CTS appoints Mark Pacioni as Chief Legal & Administrative Officer

Published 01/07/2025, 14:16
CTS appoints Mark Pacioni as Chief Legal & Administrative Officer

LISLE, Ill. - CTS Corporation (NYSE:CTS), a manufacturer of sensors, actuators, and electronic components, announced Tuesday the appointment of Mark Pacioni as Chief Legal & Administrative Officer and Corporate Secretary, effective immediately.

Pacioni previously served as Chief Legal Officer and Secretary at CareerBuilder, LLC from 2019 to 2024 and continued in that role at CareerBuilder + Monster until June 2025. His prior experience includes senior legal positions at The Boeing Co., Molex, Inc., and Knowles Corp.

Before his in-house counsel career, Pacioni worked in private practice representing public companies on transactions and governance matters and held a position as Special Counsel at the U.S. Securities and Exchange Commission. He is a graduate of Georgetown University, Georgetown University Law School, and the London School of Economics.

"Mark brings a wealth of experience in a broad range of environments," said Kieran O’Sullivan, CTS Chairman and CEO, according to the company’s press release.

CTS Corporation designs and manufactures products that "Sense, Connect, and Move" with operations across North America, Europe, and Asia. The company serves customers in the aerospace/defense, industrial, medical, telecommunications/IT, and transportation markets.

The announcement comes as CTS continues to implement its global strategy and diversify its business portfolio.

In other recent news, CTS Corporation reported disappointing financial results for the first quarter of 2025, missing analyst expectations. The company announced earnings per share of $0.44, which fell short of the projected $0.57. Revenue was also below forecasts, reaching $125.77 million compared to the expected $136.81 million. Despite these challenges, CTS Corporation maintained its full-year sales guidance of $520-$550 million and adjusted diluted EPS guidance of $2.20-$2.35. In other developments, shareholders approved the election of all director nominees and ratified the appointment of Grant Thornton, LLP as the independent accounting firm. The company also experienced a 14% increase in sales in diversified end markets, offsetting a 12% decline in transportation sales. Strategic initiatives, including diversification and potential acquisitions, remain a focus for CTS Corporation as it navigates ongoing economic pressures and geopolitical uncertainties.

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