Bunting Magnetics Co., Newton, KS, has promoted Jana Davis, its chief financial officer, to chief operating officer, a new position within the company, effective May 30. She will be responsible for overseeing the day-to-day business operations, including manufacturing, distribution and engineering, of all four Bunting Magnetics divisions―Bunting Magnetics Co., Newton; Bunting’s Magnet Materials Division, Elk Grove Village, IL, and its e-commerce site, buymagnets.com; Bunting Magnetics Europe, Berkhamsted, U.K.; and Magnet Applications Inc., DuBois, PA.

“Jana is a trusted leader who, as chief financial officer, consistently delivered results in financial management, corporate strategy development, operational efficiencies and people development,” says Bob Bunting, president and CEO. “I can think of no one better to ensure operational excellence and drive our continued market leadership. This addition of a COO to our executive management team greatly adds to our capacity to implement our growth strategy and allows me to focus on broader strategic issues.”

Davis joined the company in 2011 as CFO. A search for a new CFO will begin immediately. resources.

“I’m proud to take another step within Bunting Magnetics,” says Davis. “I look forward to this new role and helping the company take its next stage of growth.”