Advanced Energy Announces the Resignation of Chief Operating Officer
January 07 2008 - 9:00AM
PR Newswire (US)
FORT COLLINS, Colo., Jan. 7 /PRNewswire-FirstCall/ -- Advanced
Energy Industries, Inc. (NASDAQ:AEIS) today announced the
resignation of Mr. Steve Rhoades, Chief Operating Officer. Mr.
Rhoades and the company have agreed that Mr. Rhoades will continue
in his current capacity with the company for a transition period of
up to six months. Dr. Hans Betz, President and CEO stated, "I would
like to express my thanks to Steve for his significant
contributions to the company over the last five years. With Steve's
leadership, the company has established a world-class manufacturing
operation, including the transition of high-volume manufacturing to
China, providing the company with a strong platform for growth. We
all wish Steve well with his future endeavors." Mr. Rhoades added,
"Advanced Energy has been a pivotal step in my career. I have had
the pleasure of working with one of the top management teams in the
industry and I would like to thank Hans Betz and the entire
Advanced Energy team for the experience." About Advanced Energy
Advanced Energy(R) develops innovative power and control
technologies that enable high-growth, plasma thin-film
manufacturing processes worldwide, including semiconductors, flat
panel displays, data storage products, solar cells, architectural
glass, and other advanced product applications. Advanced Energy(R)
also develops grid connect inverters for the solar energy market.
http://www.newscom.com/cgi-bin/prnh/20030825/AEISLOGO
http://photoarchive.ap.org/ DATASOURCE: Advanced Energy Industries,
Inc. CONTACT: Lawrence D. Firestone, +1-970-407-6570, , or Annie
Leschin or Brooke Deterline, +1-970-407-6555, , all of Advanced
Energy Industries, Inc. Web site: http://www.advanced-energy.com/
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