Daktronics names Anderson new CFO

Sheila Anderson

BROOKINGS – Brookings-based Daktronics has announced that Sheila Anderson has been named chief financial officer and treasurer, effective Sept. 10.

Anderson joined the company as a senior accountant in 2002 and has served as corporate controller since 2006.

She replaces Bill Retterath, who recently departed from the company.

As corporate controller, Anderson supervised the company's accounting functions and has been responsible for the company's internal and external financial reporting. Her experience prior to Daktronics includes senior accountant at Dakota, Minnesota and Eastern Railroad, and accounting and auditing functions at two public accounting firms.

Anderson holds a bachelor’s degree in accounting from Southwest Minnesota State University and is pursuing a master of business administration degree from the University of South Dakota.

"Bill served as Daktronics' CFO since 2001," said Jim Morgan, CEO of Daktronics. "I appreciate the contributions Bill has made over that time and wish him all the best in his future endeavors."

Retterath added, "I have been honored to serve the company over the years, and as I leave the company, I believe it is well positioned to achieve its long-term financial goals. I have enjoyed working with Sheila and know that she will do a great job in her new role.”

Morgan said Anderson is well positioned to step into her new leadership role with the company.

"With our mix of standard products, large contracts, and international business our accounting systems are reasonably complex for the size of our company. Sheila has an in-depth understanding of our business from an accounting and finance perspective.”