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Capasso named finance chief for Formed Fiber

AUBURN – John Capasso of Falmouth has been named chief financial officer of Formed Fiber Technologies.

Capasso worked for SPX Corp. for more than a decade, most recently as president of the company’s Dielectric Communications subsidiary in Raymond. He held other executive positions with SPX , including group vice president and chief financial officer for the Technical Products & Systems Group, vice president and chief financial officer for Dielectric, and vice president and chief financial officer for GFI Genfare in Elk Grove Village, Ill.

Prior to SPX, Capasso spent nine years as divisional vice president and controller for Cubic Corp. in Hauppauge, N.Y.

He received his bachelor’s degree in accounting from Boston College and attended New York University’s Stern School of Business. He started his career with PriceWaterhouseCoopers, LLC as senior auditor in Stamford, Conn., during which time, he received his CPA. He is a member of the American Society of CPAs and the Maine State Society of CPAs.

He and his family reside in Falmouth.

Formed Fiber Technologies is a leading supplier of nonwoven trim components to original equipment manufacturers and converters in the automotive industry. For more information visit www.formedfiber.com .

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