EDEN PRAIRIE, Minn.,
April 1, 2019 /PRNewswire/
-- MTS Systems Corporation (Nasdaq: MTSC),a leading global
supplier of high-performance test systems, motion simulators and
sensors, today announced the appointment of two new members to the
Board of Directors, Ms. Nancy
Altobello and Ms. Linda
Zukauckas, effective April 1,
2019. These seasoned executives add further financial depth,
global capital market and cybersecurity expertise, along with
notable leadership responsibilities for the creation of high
performance, diverse global enterprises over the course of their
careers.
Nancy Altobello retired from
Ernst & Young LLP (EY) in 2018, following a highly successful,
38-year career in which she rose through the audit ranks, to become
a Managing Partner for both Audit and Advisory Services in the
Northeast US Region by 2003. In addition to her role as an
executive Audit Partner since 1994, where her oversight
responsibilities included numerous global industrial and technology
companies, Nancy assumed the added responsibility of Vice Chair of
Talent for the Americas in 2008, which later expanded to Talent and
People Strategy for EY worldwide. Nancy is a recognized
leader for both her professional accomplishments, as well as her
skills in the creation of diverse, global leadership teams that
were instrumental to EY's success over many years. Nancy
served on the Board of EY from 2014 until her retirement from the
firm in 2018. She also served on the Board of Directors and
the Compensation and M&A committees of CA Technologies, a
$4.2 billion global leader in
software development, until it was acquired by Broadcom in
November 2018.
Linda Zukauckas is the Executive
Vice President, Business CFO Group and Deputy Chief Financial
Officer for American Express, where she leads all business and
corporate segment CFO activities as well as the Finance Technology
strategy. Prior to joining American Express in 2011, Linda
held Finance and Strategy executive leadership roles for Ally
Financial, from 2000, and previously with Deutsche Bank from 1997,
where she rose to the position of Chief Auditor for their Global
Investment Bank. Linda began her career with
PricewaterhouseCoopers LLP (PwC) in progressive audit leadership
roles from 1984. Linda has been recognized for her numerous
professional accomplishments and diversity leadership efforts
throughout her career, including executive sponsorship for the
'Executive Women's Interest Network' at American Express.
Linda has served on the Board of American Express Global Business
Travel since 2014.
Commenting on the additions of Ms. Zukauckas and Altobello to
the MTS Board of Directors, David
Anderson, Chairman of the Board said the following, "We are
extremely pleased with the addition of two such talented
individuals to our Board of Directors. Given the exciting
growth opportunities that we see ahead, and the complex global
economic, financial and political environments that we must
navigate, we will be well served by both of these very experienced
and accomplished executives. Additionally, their demonstrated
ability to create and lead high performance, diverse global
organizations makes them extremely valuable to MTS and our
expanding need for talent around the world. These newest
additions to our Board positions us well from a Governance
standpoint, and adds to the Board's strategic talent base that our
CEO, Dr. Jeff Graves, and the MTS
Management Team can draw upon to deliver increased shareholder
value in the coming years."
About MTS Systems Corporation
MTS Systems Corporation's testing and simulation hardware,
software and service solutions help customers accelerate and
improve their design, development and manufacturing processes and
are used for determining the mechanical behavior of materials,
products and structures. MTS' high-performance sensors
provide measurements of vibration, pressure, position, force and
sound in a variety of applications. MTS had 3,400 employees
as of September 29, 2018 and revenue of $778 million for the fiscal year ended
September 29, 2018. Additional information on MTS can be found
at www.mts.com.
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SOURCE MTS Systems Corporation