- Satellite Evolution Group
Sidus Space announces appointment of Teresa Burchfield as Chief Financial Officer
Sidus Space has announced that Teresa Burchfield has been appointed Chief Financial Officer, effective April 11, 2022.
Ms. Burchfield brings over 30 years of finance and accounting experience to her new role as Chief Financial Officer at Sidus Space. Prior to her appointment with Sidus Space, Ms. Burchfield had a 19-year tenure with Tupperware, a $1.8 billion publicly traded company, where she served in several key financial and management roles. While with Tupperware, she was the Vice President and Chief Financial Officer for the US & Canada business unit, Vice President and Group Chief Financial Officer for Europe, Middle East and Africa and the Vice President of Investor Relations. In addition, during her time at Tupperware Ms. Burchfield was also Vice President and Chief Financial Officer at BeautiControl, a wholly owned subsidiary of Tupperware.
During her career Ms. Burchfield has also managed numerous aspects of business operations, business development, IT and marketing operations, and as a result she is experienced in product forecasting, purchasing and distribution analytics. Ms. Burchfield also has over 15 years of experience working in manufacturing environments, providing a strong background in costing and operational efficiencies.
"Teresa has a proven track record of strong financial leadership and I am confident that her insights will be very valuable to Sidus as we continue on our path of expansion,” said Carol Craig, Founder and Chief Executive Officer. "With Teresa’s support, we look forward to delivering enhanced value to our shareholders.”
"I am delighted to join Sidus Space at such an important time in the company's evolution," said Ms. Burchfield. "I look forward to working closely with Carol and the rest of the leadership team to drive value creation for Sidus Space shareholders."
Ms. Burchfield holds a B.S. Degree in Accounting from the University of Central Oklahoma and is a CPA in the state of Oklahoma.
Ms. Burchfield will succeed Scott Silverman, who will be stepping down from the CFO role as of April 11, 2022. Mr. Silverman’s role as CFO in a consulting capacity was instrumental in the IPO process and initial quarter of 2022, however, a full-time dedicated CFO with the experience and credentials of Ms. Burchfield will truly allow Sidus to expand and maximize shareholder value. Mr. Silverman will continue with Sidus Space in a consulting role until June 30, 2022 to assist with the transition.