Cambrex has named Tom Vadaketh executive vice president and CFO, effective Jan. 20, 2017. Greg Sargen, current CFO at Cambrex, will transition to a newly-created role, EVP, corporate development and strategy.

Vadaketh was most recently the CFO of the Crosby Group, a private equity-owned manufacturer of rigging, lifting and material handling applications. Prior to that, he spent nine years in a variety of positions at Tyco International. Before joining Tyco, Vadaketh spent 15 years in a variety of roles at Proctor & Gamble.