American Innovations Welcomes Scott Shugart as New CFO

Scott Shugart has joined the American Innovations leadership team as its new Chief Financial Officer (CFO). Shugart brings extensive leadership experience in the oil and gas industry in finance, operations, and business development. As CFO, he is responsible for the finance, operations, IT, and customer success departments at American Innovations.

American Innovations President and CEO Ed Kruft said, “Scott comes with a substantial amount of experience in leadership positions in the industrial space. He has experience as a CFO, Operations leader, IT leadership, and even software development. He has a passion for improving processes and systems and helping develop the next generation of leaders at American Innovations.”

Shugart has nearly 30 years of experience in various leadership roles. Prior to joining AI, he spent a decade at Proserv, a controls technology company for the oil and gas market, where he was most recently appointed Vice President of Operations. Shugart also spent twenty years working for PGI International, having held senior positions in finance, IT, operations, and business development. He holds a bachelor’s degree in Metallurgical Engineering from Michigan Technological University and a Master of Business Administration from The University of Texas at Austin.

“It is really exciting to be a part of the American Innovations team,” Shugart said. “I have known the owners for a long time, and I truly value how the leadership here supports a strong company culture focusing on employees and the company’s success. They have a deep understanding of the business and are always willing to be a part of the team to continuously improve the company. Another key factor was getting to know Ed; understanding how he manages American Innovations was a key factor in my decision to join the company”

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