Precision Production Elevates Rick Sykora to CFO
Rick Sykora has been promoted to Chief Financial Officer at Precision Production, the Strongsville-based manufacturer announced Monday. The move follows his pivotal role in the company’s recent management-led buyout, a transition that returned the firm to independent ownership and set the stage for its next phase of expansion.
Sykora joined the organization in 2023 as Director of Finance & Accounting. During his tenure, he managed the complex financial and transactional requirements of the company’s return to private ownership. As CFO, he now assumes responsibility for capital planning, banking relationships, tax strategy, and long-term financial reporting for the $20 million firm.
President and CEO Bryon Shafer noted that Sykora’s strategic influence was essential during the recent ownership transition, earning him the trust of the leadership team. In his new capacity, Sykora intends to focus on scalable growth and financial optimization. The company, which maintains a primary facility in Strongsville and a distribution center in Middleburg Heights, serves global OEM and industrial supply chains with precision-machined components.
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