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MTS CFO Susan E. Knight to retire, Jeff Oldenkamp new CFO

Staff writer | Eden Prairie, Minn., USA | June 26, 2014
MTSJune 26, 2014, Eden Prairie, Minn., USA - MTS Systems Corp., a supplier of high-performance test systems and position sensors, announced the retirement of Susan E. Knight, SVP and CFO, and the appointment of Jeff Oldenkamp, currently the VP, finance for the MTS Test business, as her successor.
Ms. Knight serves as Senior Vice President and Chief Financial Officer since November 2011, and Vice President and Chief Financial Officer since October 2001.

Prior thereto, she held various management and executive positions with Honeywell International from 1977 to 2001 (Chief Financial Officer of the Home and Building Control global business unit from 2000 to 2001; Chief Financial Officer of the North American Home and Building Control business unit from 1995 to 2000, and prior to 1995, various other management positions, including Corporate Director of Financial Planning and Analysis).

Ms. Knight will retire at the end of calendar year 2014, at which time Mr. Oldenkamp will assume the CFO role, providing adequate time for a smooth transition of the finance leadership responsibilities over the months ahead.

Mr. Oldenkamp has more than twenty years of extensive financial leadership experience and a proven track record in global, technology-based, manufacturing companies.

Prior to joining MTS in January of 2014, Mr. Oldenkamp was the Americas Operations Chief Financial Officer and Vice President of Finance for Nilfisk-Advance, Inc. He also has held various financial leadership positions at Emerson Electric, Inc., including Chief Financial Officer and Vice President of Finance for Rosemount Flow Division.

Mr. Oldenkamp has an MBA from the University of Minnesota and a Bachelor of Arts degree with a concentration in Accounting from the University of St. Thomas. He is also a licensed CPA (inactive) in Minnesota.