Sono-Tek appoints new COO to drive innovation

MILTON, N.Y. - Sono-Tek Corporation (NASDAQ: SOTK), a $59.5 million market cap company known for its ultrasonic coating systems, announced the promotion of Chris Cichetti to Chief Operating Officer (COO). According to InvestingPro data, the company maintains strong financial health with a current ratio of 2.99, indicating robust liquidity. Cichetti, a long-standing member of the Sono-Tek team, has been with the company since 2005, starting as an Electrical Engineer.

Throughout his career at Sono-Tek, Cichetti has progressed through several significant roles. Before his recent appointment, he was the Vice President of Sales & Applications Engineering. In this position, he managed the company’s front-end operations, including sales, applications engineering, laboratory facilities, and service team, contributing to Sono-Tek’s record sales figures.

Cichetti’s tenure at Sono-Tek is marked by his foundational contributions to the company’s growth. He established the Applications Engineering Department and led the development of the company’s laboratory testing facilities and advanced process development capabilities. Under his guidance, the Applications Engineering Department has become one of the largest within Sono-Tek, playing a crucial role in maintaining the company’s leading position in ultrasonic coating technology.

In his new role as COO, Cichetti will oversee the company’s engineering, manufacturing, and IT operations, in addition to his current responsibilities. His promotion is part of Sono-Tek’s strategic plan to enhance operational efficiencies and foster innovation across the organization.

Steve Harshbarger, CEO and President of Sono-Tek, expressed his confidence in Cichetti’s abilities. "Chris has played a vital role in Sono-Tek’s growth and innovation for many years. His technical expertise, strategic thinking, and ability to build strong relationships make him a great fit for the role of COO," said Harshbarger.

Sono-Tek Corporation, established in 1975, is committed to delivering precision ultrasonic coating solutions to various industries, including electronics, medical devices, and alternative energy, with a focus on innovation, quality, and customer satisfaction. The company maintains a healthy gross profit margin of 47.9% and demonstrates financial stability with more cash than debt on its balance sheet. Discover more detailed financial metrics and exclusive insights about Sono-Tek through InvestingPro’s comprehensive research reports, available for over 1,400 US stocks. This announcement is based on a press release statement from Sono-Tek Corporation.

In other recent news, Sono-Tek Corporation announced a change in its independent registered public accounting firm following the resignation of its previous auditor, Marcum LLP. The resignation came after Marcum’s attest business was acquired by CBIZ (NYSE:CBZ) CPAs P.C., effective November 1, 2024. The Audit Committee of Sono-Tek accepted Marcum’s resignation and unanimously appointed CBIZ CPAs as the new auditor. Marcum’s audit reports for the fiscal years ending February 29, 2024, and February 28, 2023, did not contain any adverse opinions or qualifications. There were no disagreements between Sono-Tek and Marcum on any accounting principles or auditing procedures through February 17, 2025. This transition was reported in compliance with SEC regulations, with Marcum’s statement included in an exhibit attached to the Form 8-K. Sono-Tek has not consulted with CBIZ CPAs on any accounting or auditing matters prior to their engagement. This change is part of Sono-Tek’s corporate governance process to ensure continuity in financial oversight.

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