Stanadyne, a global fuel and air management systems supplier based in Connecticut, today announced that Costas Loukellis has been appointed Vice President and Chief Financial Officer. He replaces Stephen Langin, Chief Financial Officer, who retired from the company on December 1.
Loukellis has an extensive financial manufacturing background, most recently serving as Vice President of Financial Planning & Analysis at Pratt & Whitney, a division of United Technologies (UTC) where he spent 38 years prior to retiring in January 2019.
“Costas joins Stanadyne at an exciting time as we are experiencing rapid organic global growth, along with the April acquisition of PurePower Technologies, Inc.,” said David Galuska, Chief Executive Officer, Stanadyne. “He has an invaluable and long track record of spearheading financial, operational and cultural transformation and will make an immediate impact in the continued integration of Pure Power and Stanadyne. We are thrilled to have Costas on board as we move forward at a very important period in our company’s history.”
Loukellis served in a number of global financial executive roles during his career at UTC including Vice President, Operations Finance and CFO of Aerospace Power Systems, both at Hamilton Sundstrand, and Operations Finance Director at Carrier.
He holds a Bachelor of Business Administration degree in Accounting from the University of Massachusetts and an MBA from Western New England University.