Algeco Scotsman Appoints Tim Stonesifer as CFO
Algeco Scotsman, a global business services company focused on modular space and secure storage solutions, has appointed Tim Stonesifer as chief financial officer (CFO). Stonesifer will assume responsibility for all financial operations for the international company, reporting to Algeco Scotsman’s president and chief executive officer (CEO) Duncan Gillis.
As CFO, Stonesifer will partner with operating unit leaders to deliver Algeco Scotsman’s financial commitments and to further strengthen the international organisation’s financial capabilities across its 22 countries of operation.
Prior to joining Algeco Scotsman, Stonesifer was the CFO of SABIC Innovative Plastics, a provider of engineering thermoplastics with operations in more than 35 countries. At SABIC, formerly GE Plastics, he helped lead the successful divestiture of the global US$7bn business by GE in 2007, and remained as CFO after the close of that transaction. Prior to SABIC, Stonesifer held positions of increasing responsibility within GE ,including CFO of GE Equipment Services in Europe, CFO of GE Insurance, and vice president of financial planning and analysis for GE Structured Finance Group.
Stonesifer holds a BA degree in economics from the University of Michigan.