Lowrance chooses new CFO

TULSA, Okla. – SONAR and GPS manufacturer Lowrance Electronics, Inc., has named Paul C. Murphy as its vice president of Finance and chief financial officer, effective Dec. 28, the company said in a press release today.

Murphy succeeds Douglas Townsdin, who left the company to accept a partnership position with the Tulsa office of Grant Thornton LLP.

Murphy, 61, was most recently chief operating officer with the American Cancer Society, Kansas City, Mo., where he was responsible for all operations of a $42 million four-state division of the society, including finance and administrative support departments with 325 employees.

From 1991 through 1999, he was chief operating officer and executive vice president of NANCI Corp., a $60 million Tulsa, Okla.-based nutritional products and marketing company, where he was responsible for foreign and domestic financial and treasury operations.

From 1989 to 1991, he was vice president and treasurer of Tulsa-based Memorex Telex Corp., a $1.2 billion computer manufacturer, sales and services company, where he also served, from 1986 to 1989, as vice president of Finance

Murphy received his B.S. degree in accounting from the University of Tulsa in 1968 and became a CPA in 1971.

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