Crane Holdings Co., a diversified manufacturer of highly engineered industrial products, announced that Christina Cristiano has been appointed senior vice president, chief financial officer of Crane NXT, a premier industrial technology business. A highly experienced finance executive with broad-based expertise, Cristiano prior to this appointment served as vice president, controller and chief accounting officer at Crane since 2019. Over the past year, she has led the corporate efforts to separate Crane Holdings Co. into two independent, publicly traded companies, which is expected to occur April 3, 2023.
As part of the Crane NXT leadership team, Cristiano will be a key partner to Crane NXT’s president and chief executive officer Aaron W. Saak, responsible for financial strategy, including future portfolio growth initiatives and capital allocation as well as overseeing all aspects of finance, investor relations, IT and global information security.
Saak said in the announcement, “Since I joined Crane last year, I have worked closely with Christina in driving strategy development for Crane NXT as well as building out the financial structure and team. Throughout this time, I have been deeply impressed by her in-depth knowledge of the business, commitment to delivering continuous improvement, and ability to ensure that all key separation milestones have been met to enable Crane NXT to hit the ground running in executing on the strategies that will enable us to drive strong profitable growth and maximize value for our shareholders.”
Cristiano added in the announcement, “Working with Aaron and the other Crane NXT leaders, we developed a growth strategy to leverage our leading technology, global scale, best in class financials and consistently strong cash generation to maximize the potential of our business across current and adjacent high-growth markets. This includes pursuing the substantial opportunities we have to grow both organically and through acquisitions focused on security, detection and authentication, and executing with the disciplined deployment of the Crane Business System. I am very excited to be part of the Crane NXT leadership team and look forward to our next stage of growth as an independent company.”
In her role as VP, controller and chief accounting officer at Crane, Cristiano’s work has included oversight of internal and external financial reporting, transaction diligence and integration, enterprise risk management, and leading critical continuous improvement projects in collaboration with each of the company’s business units and corporate functions.
Prior to joining Crane, Cristiano spent a decade at Thomson Reuters in roles of increasing responsibility, including serving from 2016-2019 as vice president, global controller, leading the company’s global accounting and statutory reporting organization and playing a key role in transaction execution. Cristiano began her career at Ernst & Young, where she spent 14 years and rose to become a senior manager in Transaction Advisory Services. Cristiano earned a B.S. in accounting from Villanova University and an MBA from the Columbia University Graduate School of Business.
