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Butler National Corporation Announces Appointment of Adam Sefchick as Chief Financial Officer

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Butler National Corporation (BUKS) has appointed Adam Sefchick, CPA as its new Chief Financial Officer. Sefchick, who previously served as Chief Accounting Officer at Jack Cooper, brings extensive experience in financial management, SEC reporting, and business systems implementation. He holds a Master's in Business and Information Systems and a Bachelor's in Business Administration/Accounting from the University of Kansas.

The appointment aligns with Butler National's strategic objectives during its organic growth phase. Sefchick will focus on streamlining processes, implementing efficient information systems, and reducing overhead costs. His role will be crucial in optimizing the company's financial structure and enhancing financial transparency. The appointment is pending background investigation by the Kansas Racing and Gaming Commission.

Butler National Corporation (BUKS) ha nominato Adam Sefchick, CPA come nuovo Chief Financial Officer. Sefchick, che in precedenza ha ricoperto il ruolo di Chief Accounting Officer presso Jack Cooper, porta con sé una vasta esperienza nella gestione finanziaria, nella reportistica SEC e nell'implementazione di sistemi aziendali. Ha conseguito un Master in Business e Sistemi Informativi e una Laurea in Amministrazione Aziendale/Contabilità presso l'Università del Kansas.

La nomina è in linea con gli obiettivi strategici di Butler National durante la fase di crescita organica. Sefchick si concentrerà sull'ottimizzazione dei processi, sull'implementazione di sistemi informativi efficienti e sulla riduzione dei costi generali. Il suo ruolo sarà fondamentale per ottimizzare la struttura finanziaria dell'azienda e migliorare la trasparenza finanziaria. La nomina è soggetta a verifica dei precedenti da parte della Kansas Racing and Gaming Commission.

Butler National Corporation (BUKS) ha nombrado a Adam Sefchick, CPA como su nuevo Director Financiero. Sefchick, quien anteriormente se desempeñó como Director de Contabilidad en Jack Cooper, aporta una amplia experiencia en gestión financiera, reportes ante la SEC e implementación de sistemas empresariales. Posee una Maestría en Negocios y Sistemas de Información y una Licenciatura en Administración de Empresas/Contabilidad de la Universidad de Kansas.

El nombramiento está alineado con los objetivos estratégicos de Butler National durante su fase de crecimiento orgánico. Sefchick se enfocará en optimizar procesos, implementar sistemas de información eficientes y reducir costos generales. Su papel será clave para optimizar la estructura financiera de la empresa y mejorar la transparencia financiera. El nombramiento está pendiente de una investigación de antecedentes por parte de la Comisión de Carreras y Juegos de Kansas.

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ì´ë²ˆ ìž„ëª…ì€ Butler Nationalì� 유기ì � 성장 단계ì—서ì� ì „ëžµì � 목표와 부합합니다. Sefchickì€ í”„ë¡œì„¸ìŠ¤ 간소í™�, 효율ì ì¸ ì •ë³´ 시스í…� ë„ìž…, ê°„ì ‘ë¹� ì ˆê°ì—� 집중í•� 예정입니ë‹�. ê·¸ì˜ ì—­í• ì€ íšŒì‚¬ì� 재무 구조 최ì í™”와 재무 투명ì„� í–¥ìƒì—� 매우 중요합니ë‹�. ì´ë²ˆ ìž„ëª…ì€ ìº”ìžìŠ� 경마 ë°� 게임 위ì›íšŒì˜ ë°°ê²½ 조사ë¥� ê±°ì³ì•� 합니ë‹�.

Butler National Corporation (BUKS) a nommé Adam Sefchick, CPA en tant que nouveau Directeur Financier. Sefchick, qui occupait auparavant le poste de Directeur Comptable chez Jack Cooper, apporte une vaste expérience en gestion financière, reporting SEC et mise en œuvre de systèmes d’entreprise. Il est titulaire d’un Master en Business et Systèmes d’Information ainsi que d’une Licence en Administration des Affaires/Comptabilité de l’Université du Kansas.

Cette nomination s’inscrit dans les objectifs stratégiques de Butler National durant sa phase de croissance organique. Sefchick se concentrera sur la rationalisation des processus, la mise en place de systèmes d’information efficaces et la réduction des coûts généraux. Son rôle sera crucial pour optimiser la structure financière de l’entreprise et améliorer la transparence financière. La nomination est soumise à une enquête de moralité par la Kansas Racing and Gaming Commission.

Butler National Corporation (BUKS) hat Adam Sefchick, CPA als neuen Chief Financial Officer ernannt. Sefchick, der zuvor als Chief Accounting Officer bei Jack Cooper tätig war, bringt umfangreiche Erfahrung im Finanzmanagement, bei SEC-Berichten und der Implementierung von Geschäftssystemen mit. Er besitzt einen Master-Abschluss in Betriebswirtschaft und Informationssystemen sowie einen Bachelor-Abschluss in Betriebswirtschaft/ Rechnungswesen von der University of Kansas.

Die Ernennung steht im Einklang mit den strategischen Zielen von Butler National während der Phase des organischen Wachstums. Sefchick wird sich auf die Optimierung von Prozessen, die Implementierung effizienter Informationssysteme und die Senkung der Gemeinkosten konzentrieren. Seine Rolle ist entscheidend für die Optimierung der Finanzstruktur des Unternehmens und die Verbesserung der finanziellen Transparenz. Die Ernennung steht unter dem Vorbehalt einer Hintergrundüberprüfung durch die Kansas Racing and Gaming Commission.

Positive
  • Appointment of experienced CFO with strong SEC reporting and financial management background
  • New CFO brings expertise in business systems implementation and operational efficiencies
  • Strategic focus on streamlining processes and reducing costs during growth phase
Negative
  • Appointment subject to regulatory approval from Kansas Racing and Gaming Commission

OLATHE, Kan., May 15, 2025 /PRNewswire/ -- Butler National Corporation (OTCQX: BUKS), a leader in the aerospace and professional services industries, is pleased to announce the appointment of Adam Sefchick, CPA, as its new Chief Financial Officer. Mr. Sefchick will serve as the Company's principal financial officer and principal accounting officer. Mr. Sefchick brings a wealth of financial expertise and SEC reporting experience to the position in addition to business systems, aligning with Butler National's strategic objectives during its current phase of organic growth.

Mr. Sefchick most recently served as the Chief Accounting Officer at Jack Cooper, a specialty transportation and logistics provider. During his tenure, he successfully managed financial reporting, SEC filings, debt issuances, and complex financial transactions. Prior to his role at Jack Cooper, he held positions as Vice President of Accounting and Vice President of Financial Reporting, where he demonstrated his ability to implement metrics and develop corporate information systems effectively. Mr. Sefchick's business information systems experience and background provides a firm foundation for effectively consolidating the Company's systems.

"We are excited to welcome Adam to the Butler National team," said Chris Reedy, Chief Executive Officer. "His extensive experience in financial management, SEC reporting, and operational efficiencies aligns with our ongoing initiatives to streamline processes and drive cost reductions as we grow. We are confident that Adam's leadership will provide a solid foundation for enhancing financial transparency and supporting our long-term growth."

Looking ahead at Butler National, Mr. Sefchick's expertise is expected to play a pivotal role in analyzing and developing information systems to facilitate efficiencies within production and reduce overhead associated with legacy processes. His financial acumen will also be instrumental in optimizing the company's financial structure to support its strategic objectives.

Mr. Sefchick holds a Master of Science in Business and Information Systems and a Bachelor of Science in Business Administration/Accounting, both from the University of Kansas. He is a Certified Public Accountant and has served as a member of the Audit and Assurance Committee of the Missouri Society of CPAs.

The appointment of Mr. Sefchick is subject to a satisfactory background investigation by the Kansas Racing and Gaming Commission.

More About Butler National Corporation

Butler National Corporation, a 50-year old public stock company, operates in the Aerospace and Professional Services business segments. The Aerospace Products segment includes the manufacture, sale and service of electronic equipment and modifications to aircraft structures and electrical systems to support special mission and commercial aviation operations. Additionally, we operate two Federal Aviation Administration ("FAA") Repair Stations. Butler National companies, Avcon Industries, Inc. and Butler Avionics, Inc. concentrate on enhancements to Learjet, Beechcraft King Air, Cessna Caravan, Gulfstream, and other turbine powered aircraft.  Butler National-Tempe designs and manufactures robust electronic controls and cabling.

The Professional Services segment includes the management of a gaming and the related dining and entertainment facility in Dodge City, Kansas. Boot Hill Casino and Resort features approximately 500 slot machines, 16 table games and a DraftKings branded sportsbook.

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For investor information, contact:
David Drewitz, Investor Relations
[email protected]     
972-814-5723

Or email:

Mackenzie Giller, Operations
Butler National Corporation
[email protected]

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FAQ

Who is the new CFO of Butler National Corporation (BUKS)?

Adam Sefchick, CPA, who previously served as Chief Accounting Officer at Jack Cooper, has been appointed as the new CFO of Butler National Corporation.

What is Adam Sefchick's background and experience before joining BUKS?

Sefchick previously served as Chief Accounting Officer at Jack Cooper, managing financial reporting, SEC filings, and complex transactions. He holds a Master's in Business and Information Systems and a Bachelor's in Business Administration/Accounting from the University of Kansas.

What will be the main responsibilities of BUKS's new CFO?

Sefchick will serve as principal financial and accounting officer, focusing on streamlining processes, implementing efficient information systems, reducing overhead costs, and optimizing the company's financial structure.

What are Butler National Corporation's main business segments?

Butler National operates in two segments: Aerospace Products (manufacturing and servicing electronic equipment and aircraft modifications) and Professional Services (managing gaming and entertainment facilities in Dodge City, Kansas).
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