6th June 2017
Crane Currency appoints Doug Prince to its Board of Directors
BOSTON, MA – May 30, 2017 – Crane Currency, a rapidly growing global producer of currency products, today announced that Doug Prince, Chief Financial Officer of Crane Currency, has been appointed to its Board of Directors effective May 11, 2017.
“Doug’s extensive financial and operational experience has been instrumental in supporting the rapid growth of the company,” said Stephen P. DeFalco, Chief Executive Officer of Crane Currency. “His expertise in corporate finance has been a critical asset for the company as it has
refinanced its debt, funded our expansion into Malta, and worked to improve the business acumen across the company. Doug’s diverse experience and proven business know-how brings a valuable perspective to our board."
Doug Prince joined the company in 2013 with over 30 years of experience in global finance and operations. Prior to Crane, Doug was the Chief Financial Officer at Northern Power Systems and at MDS, a $1.2B revenue NYSE company. Doug has held executive roles at PerkinElmer, Allied
Signal, and General Electric. He is a Six Sigma Black Belt, and has a BS in Business Administration from the University of Kentucky.
About Crane Currency
Crane has been a global producer of currency products for more than 200 years and is entrusted by more than 50 central banks to play an integral role in the design and manufacture of their nations’ banknotes. From the most traditional of cotton substrates to the most
advanced micro-optic security elements and design, Crane is a responsive partner focused on delivering innovative products and solutions that meet clients’ most demanding requirements.
For more information, please visit www.cranecurrency.com