Press Release

ARCA hires Stefano Parmegiani as Chief Manufacturing and Supply Chain Officer

MEBANE, NC : ARCA, a leading provider of cash and check automation technology for financial and retail businesses, is pleased to announce the hiring of Stefano Parmegiani as Chief Manufacturing and Supply Chain Officer. Parmegiani has over 25 years of experience in Lean Production, Supply Chain Management, Industrial Engineering, Quality and Product Engineering.

Parmegiani comes to ARCA from Safilo SpA, the second largest global manufacturer of eyewear with 29 brands such as Polaroid, Dior, Fendi and Carrera. He was formerly the Director of Operations and Product Engineering for “Made in Italy” Acetate and Injected Eyewear division and was responsible for manufacturing at two industrial sites in Italy. His work experience also includes the Director of Operations at Franke, an international industrial manufacturer, and many leadership positions within Whirlpool Europe.

"Stefano is a great addition to ARCA," says ARCA CEO Mort O'Sullivan. "Having a highly efficient manufacturing and supply chain is critical to delivering our products to customers. It's one of the areas that really impacts the success of any company in so many ways. Stefano has a great deal of experience in identifying opportunities to streamline the manufacturing process. We're very excited to put ARCA in the position to benefit from his knowledge and leadership."   

"One of the things I've really enjoyed during my career is helping diverse teams of people find new ways to work together efficiently," says Parmegiani. "ARCA is a global company and that presents logistical challenges but it also yields great reward when it all comes together in a cohesive process. ARCA makes great products that provide great value for customers. I look forward to working with my new colleagues to continue producing high quality products."  

Parmegiani holds a Master Engineering degree in Electronics from Politechnico di Milano. He has also studied finance and business administration at SDA Bocconi School of Management in Milan, and leadership development at the IMD Business School in Switzerland and The University of Chicago Booth School of Business. Parmegiani will oversee all manufacturing and supply from ARCA's R&D Center of Excellence located in Ivrea and Bollengo, Italy. He and his wife and daughter live in the Milan/Varese area. 


 


About ARCA

ARCA’s solutions help people control and streamline cash operations in financial institutions, retail stores, and self-service kiosks around the world. We develop technology and services that make transactions simpler, more efficient and more secure. Visit arca.com for more information.

Media Contact

John Cline
ARCA Communications 
1151 Holmes Rd.
Mebane, NC 27302
Tel. (919) 442-3042
j.cline@arca.com