VGM names new CFO

WATERLOO, Iowa - The VGM Group has promoted Jeff Rummel, its controller and vice president of accounting, to CFO. Rummel succeeds Mike Mallaro, who became CEO in 2016, following the death of Van Miller, CEO and founder, in 2015. In his new role, Rummel, who joined VGM in 2015, will be responsible for providing strategic and financial leadership. “In Jeff's time at VGM, he has endeavored to understand our various businesses in the depth needed to contribute meaningful counsel,” Mallaro said in a press release. The promotion is effective immediately. Rummel will also continue to serve as controller until VGM fills that position.