TVA Fire & Safety Announces New CFO

May 19, 2005
Judy Tinstman to serve as chief financial officer for building services and fire protection and security company

San Diego, Calif. -- TVA Fire & Life Safety, Inc., one of the country's leading providers of products and services in fire protection engineering, consulting, loss control, and project management, announced that it has hired Judy L. Tinstman to serve as the company's chief financial officer.

Tinstman will be responsible for determining and executing the financial strategy for the company, as well as for its sister company, the Fire Materials Group (FMG). She also will oversee business performance reporting, profit planning, accounting policies, financial reporting systems, treasury matters, budgeting, forecasting, and auditing for both companies. TVA provides fire and life safety design engineering and loss control services, while FMG implements the designs through the installation and construction of life safety and fire prevention systems.

"With TVA's revenues dramatically increasing over the past few years, we needed a seasoned chief financial officer to provide the vision and insight to manage our corporate growth. Tinstman has demonstrated throughout her professional career that she has the requisite skills to help lead TVA into the future," said James Tomes, co-chairman and chief executive officer.

Before joining TVA, Tinstman served as the chief financial officer, vice president of finance, and treasurer at Scottsdale Insurance Company, a subsidiary of the National Insurance Company. In this position, she controlled more than $2 billion in assets, managed corporate financial projects, and formulated merger and acquisition strategies.

Prior to her position at Scottsdale Insurance Company, Tinstman was the corporate development officer at Villanova Capital, Inc. During her tenure, she spearheaded the start-up of a $23B asset investment firm, established the infrastructure for the finance and accounting division, and partnered with the executive staff to create a three-year strategic plan.

"TVA has established itself as the leader in the fire and life safety market. I look forward to helping the company achieve its financial goals and furthering its success," said Tinstman.