Banta Leadership Shuffles Again as CFO ResignsPrint house Banta Corp. announced its second executive switch in a month yesterday as vice president and chief financial officer Daniel W. Kiener resigned due to "a family medical issue," according to Banta, Menasha, WI.
The emergency required Kiener to return to his home in Pittsburgh immediately, Banta said. Former Banta executive vice president Gerald A. Henseler, who retired Aug. 1 and who previously served 17 years as CFO, will return as interim CFO until a permanent replacement is chosen.
In early October, the realignment of Banta's four print divisions into a single $1 billion unit was accompanied by the promotion of several print group executives, including former Commercial Print Group president Larry L. Panozzo, who became head of the merged unit. Book group president Ronald Musil moved up to executive vice president, and Robert Kreider, executive vice president and general manager of the book group, replaced Musil.