Although former President & CEO Tina Bennett has stepped down from the company, her efforts during the last four years have contributed to the legacy of CMC and were pivotal to our growth, noted CMC Board Chair Eileen McGinnis, primary owner Mimi Iklé-Khalsa, and interim President & CEO Lisa Stotts.
“CMC’s Board of Directors is very grateful for Tina’s stewardship of the company during very difficult times for the country and our economy,” McGinnis said. “During the pandemic, many CEOs decided to make deep cuts in their headcount. But, Tina cared deeply about keeping employees on the payroll so they could continue to take care of themselves and their families. She found a way to make it work and assured the Board that it was the right thing to do for employees and CMC.”
“We are so grateful to Tina for her many contributions to the company,” Iklé-Khalsa said. “Under her leadership, the company doubled in size, putting CMC on a national stage and allowing us to serve more households and businesses than ever before. Tina was steadfast in her commitment to CMC’s mission and for that I will always be grateful.”
“Tina’s focus on employee engagement really resonated with me,” added Stotts, who will serve as the interim president and CEO while the Board of Directors conducts a search for a new leader. “Tina always placed employees first and that’s really the only way CMC can succeed. Our employees are our secret sauce. They make us a great company.”
Since 2017, Stotts has served as CFO for CMC after a decades-long career as a CFO, Vice President of Finance and other leadership roles. In addition to driving strategic initiatives and managing the financial wellbeing of CMC, she has overseen the human resources, customer care, IT and accounting departments during her tenure at CMC.