Buffalo, NY-based precision and specialty motion, controls and power manufacturer Allient appointed James Michaud as Chief Financial Officer.

Effective June 3, Michaud will succeed Michael Leach, who previously announced his retirement from Allient.

Michaud has served as CFO and a senior corporate leader at several large public and private companies. He joins Allient from contract food and support service company Elior North America, where he served as Senior Vice President and CFO since 2020.

“We are very excited to add Jim to the Allient Team as he is a highly accomplished financial leader with extensive experience in multinational public and private companies, positioning him to hit the ground running. With a deep background in business operations and strategy, Jim has successfully led business transformations, optimization projects and the establishment of finance functions that consistently drove enhanced performance,” Allient Chairman and CEO Dick Warzala said in a May 22 news release.

Warzala said Michaud’s expertise will help the company achieves it goal to “generate $1 billion in revenue with expanded margins.”