ESI Selects Allen Muhich To Be Next CFO
December 04 2017 - 5:18PM
Electro Scientific Industries, Inc. (Nasdaq: ESIO), an innovator in
laser-based manufacturing solutions for the micro-machining
industry, today announced that Allen Muhich, former COO and
CFO of ID Experts, will join as CFO and Corporate Secretary of
the Company and will succeed Paul Oldham on December
5, 2017.
“On behalf of the entire management team and the Board of
Directors, I would like to thank Paul for his dedication and many
contributions to ESI over the past ten years. His executive
leadership and contributions have been substantial, including
helping the Company to navigate through challenging business
circumstances. Paul is well respected and regarded throughout ESI
and we wish him the very best in his new endeavors,” said Michael
Burger, ESI’s president and CEO. “We also wish to welcome Allen to
the ESI family. Allen brings to ESI a wealth of experience across
various industries and business models, on an international scale.
I am confident that with Allen’s leadership we can continue to
advance ESI’s growth strategy.”
Prior to his role at ID Experts, Mr. Muhich served as the Chief
Financial Officer of Smarsh, Inc. and as the Chief Financial
Officer of Radisys Corporation. He also held progressively
responsible positions at Merix, a manufacturer of printed circuit
boards, and he spent 15 years in financial management and Tektronix
and Xerox.
About ESI, Inc. ESI enables our customers to
commercialize technology using precision laser processes. ESI’s
solutions produce the industry’s highest quality and throughput,
and target the lowest total cost of ownership. ESI is headquartered
in Portland, Oregon, with global operations and subsidiaries in
Asia, Europe and North America. More information is available at
www.esi.com.
Brian SmithESI503-672-5760smithb@esi.com
Electro Scientific Industries, Inc. (NASDAQ:ESIO)
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