IEH Corp. Announces Appointment of Subrata Purkayastha as Chief Financial Officer

BROOKLYN, NY / ACCESSWIRE / November 7, 2023 / IEH Corporation (OTC PINK:IEHC) announced today that interim CFO Subrata Purkayastha has been appointed as permanent Chief Financial Officer of IEH Corporation.

Dave Offerman, President and CEO of IEH Corporation commented, "We're very excited to elevate Subrata to the position of IEH's permanent Chief Financial Officer.

Subrata began at IEH as our Controller in November 2021, reporting to our then CFO. After taking over as the interim CFO following the departure of her predecessor in May of this year, Subrata spearheaded the effort to complete the audit and publication of our Super 10-K, which was released in June of this year. This was a voluminous document, representing 3 years of audited financial statements (FY 2020-2022), and Subrata worked closely with our management team and accounting staff, our board of directors and our auditors to get it over the finish line and filed with the Securities and Exchange Commission. She then directed her efforts toward our Fiscal Year 2023 10-K, which was filed with the SEC last month, and is currently leading the effort to file the Form 10-Qs for the first two fiscal quarters of our current fiscal year (2024), at which point we will be up-to-date in our SEC filings. Originally hired on an interim six-month term, Subrata has demonstrated her expertise and leadership at IEH, and the Board of Directors and I are thrilled to approve her for this critical position. Under Subrata's leadership and in partnership with me, our management team and our board, we look forward to continuing our recovery and growth."

About IEH Corporation

For 80 years and 4 generations of family-run management, IEH Corporation has designed, developed, and manufactured printed circuit board (PCB) connectors, custom interconnects and contacts for high performance applications. With its signature Hyperboloid technology, IEH supplies the most durable, reliable connectors for the most demanding environments. The company markets primarily to companies in defense, aerospace, space and industrial applications, in the United States, Canada, Europe, Southeast and Central Asia and the Mideast. The company was founded in 1941 and is headquartered in Brooklyn, New York.