Michael Schaffer Joins Scala
Michael Schaffer has joined Exton, Pennsylvania-based Scala Inc. as its new chief financial officer and chief operations officer, reporting to CEO Tom Nix and with responsibility for Scala’s worldwide finance, technology, facilities and human resources functions.
“Michael has extensive finance and corporate development experience and he is the perfect person to lead our finance and operation teams at this dynamic time for our company,” says Nix.
Schaffer brings a broad range of finance, human resource and technology experience to Scala. He was recently vice-president of the Marine Chassis business at TRAC International in Princeton, NJ, where he lead the growth of the $300 million North American marine chassis division across 300+ points of service, with over 100 direct and indirect reports. Prior, he was the founder and CFO of Annexus Mobile Solutions Inc., where he grew the company to be the third largest national provider of mobile storage and cartage assets.
Before founding Annexus, Schaffer spent 13 years with GE/GE Capital where he graduated from GE’ Financial Management Program (Executive MBA), spent three years on GE’s corporate audit staff and held multiple financial and operational leadership roles.
In his new position, Schaffer succeeds Jen Douglas, who was brought in as Scala’s CFO in Oct./ 13. Douglas will remain with Scala in an advisory role through her consulting firm, JLD Advisors, which provides financial and management consulting services and is based out of the Detroit, Michigan, area.
“All of us at Scala are very grateful for Jen’s tremendous contributions over the past 15 months,” added Nix. “Jen was instrumental in helping the Scala leadership team navigate a changing environment and her valuable insight and strong processes contributed to our record performance this past year. We are confident that Mike will expand on this foundation and greatly impact Scala’s future growth and innovation.”
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