Advanced Energy Appoints Yuval Wasserman as Chief Operating Officer
April 07 2009 - 6:30AM
PR Newswire (US)
FORT COLLINS, Colo., April 7 /PRNewswire-FirstCall/ -- Advanced
Energy Industries, Inc. (NASDAQ:AEIS) today announced that Yuval
Wasserman has been named chief operating officer (COO), effective
April 3, 2009. In his new position, Mr. Wasserman will assume the
responsibility for worldwide operations in addition to his existing
responsibilities with oversight over sales, service and marketing.
"We are delighted that Yuval is assuming this critically important
role. Since joining Advanced Energy in August of 2007, he has
proven to be an integral part of our team. His vast industry
experience that spans over 25 years, his leadership strength and
intimate knowledge of the company and the markets we serve will
prove invaluable to Advanced Energy," said Dr. Hans Betz, president
and CEO. "I am honored and excited by the opportunity to lead the
worldwide operations of Advanced Energy, as we drive for greater
excellence in our markets," added Mr. Wasserman. Prior to joining
Advanced Energy, Mr. Wasserman was President and CEO of Tevet
Process Control Technologies Inc. (acquired by Nanometrics). He
also held senior executive and general management positions at
Boxer Cross (acquired by Applied Materials), Fusion Systems, AG
Associates, and National Semiconductors. About Advanced Energy
Advanced Energy is a global leader in innovative power and control
technologies for high-growth, thin film manufacturing and solar
power generation. Specifically, AE targets solar grid-tie
inverters, solar cells, semiconductors, flat panel displays, data
storage products, architectural glass and other advanced
applications. http://www.newscom.com/cgi-bin/prnh/20030825/AEISLOGO
http://photoarchive.ap.org/ DATASOURCE: Advanced Energy Industries,
Inc. CONTACT: Annie Leschin, or Vanessa Lehr, both of StreetSmart
Investor Relations, +1-970-407-6555, , for Advanced Energy
Industries, Inc. Web Site: http://www.advanced-energy.com/
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