Emmanuel Lakios Appointed President & CEO of CVD Equipment Corporation
February 23 2021 - 5:46PM
Business Wire
CVD Equipment Corporation (NASDAQ: CVV), a leading manufacturer
of chemical vapor deposition systems and materials, has announced
the appointment of Emmanuel Lakios to President & CEO.
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“Emmanuel Lakios has more than 30 years’ experience in the
industry, and we believe he will lead our company to profitability,
sustainability and growth” non-executive Chairman of the Board,
Larry Waldman stated. “Since joining us in 2017 as Vice President
of Sales & Marketing, he has proven to be a valuable asset to
CVD Equipment. His combined understanding of the markets, customers
and operations along with his respect for the shareholders and all
the stakeholders makes him ideal to take on the challenges of the
present and future.”
“I am honored by the trust and confidence placed in me by the
Board of Directors,” said Lakios, “and I look forward to working
with our loyal customer base and incredible team of employees in
bringing dynamic new opportunities to CVD Equipment.”
As President & CEO, Lakios aims to re-focus the talent,
technology, and innovation within CVD Equipment to leverage company
growth and return on equity. Working with the Board of Directors,
which has extensive corporate governance, finance and management
experience, Lakios will be developing a comprehensive business plan
that will revolve around the company’s strengths, its customers,
and talent pool.
Before joining CVD Equipment, Lakios served as President &
CEO at Sensor Electronic Technology Inc (SETi) in South Carolina
where he established the company as an industry leader in UV LEDs.
As President & COO of Imago Scientific Instruments Corporation
in Wisconsin, he oversaw company operations and eventually the sale
of the company to Cameca Ametek. He held numerous leadership
positions at Veeco Instruments Inc in New York and contributed to
increased sales and market share of that company through market
focus, organic growth and strategic acquisitions.
A resident of Mount Sinai, Lakios graduated Stony Brook
University in 1984 with a Bachelor of Science in Mechanical
Engineering.
About CVD Equipment Corporation
CVD Equipment Corporation (NASDAQ:CVV) designs, develops, and
manufactures a broad range of chemical vapor deposition, gas
control, and other state-of-the-art equipment and process solutions
used to develop and manufacture materials and coatings for research
and industrial applications. This equipment is used by its
customers to research, design, and manufacture these materials or
coatings for aerospace engine components, medical implants,
semiconductors, solar cells, smart glass, carbon nanotubes,
nanowires, LEDs, MEMS, and other applications. Through its
application laboratory, the Company provides process development
support and process startup assistance with the focus on enabling
tomorrow’s technologies™. It’s wholly owned subsidiary CVD
Materials Corporation provides advanced materials and metal surface
treatments and coatings to serve demanding applications in the
electronics, aerospace, biomedical, petroleum, pharmaceutical, and
many other industrial markets.
The Private Securities Litigation Reform Act of 1995 provides a
“safe harbor” for forward-looking statements. Certain information
included in this press release (as well as information included in
oral statements or other written statements made or to be made by
CVD Equipment Corporation) contains statements that are
forward-looking. All statements other than statements of historical
fact are hereby identified as “forward-looking statements, “as such
term is defined in Section 27A of the Securities Exchange Act of
1933, as amended, and Section 21E of the Securities Exchange Act of
1934, as amended. Such forward looking information involves a
number of known and unknown risks and uncertainties that could
cause actual results to differ materially from those discussed or
anticipated by management. Potential risks and uncertainties
include, among other factors, conditions, success of CVD Equipment
Corporation’s growth and sales strategies, the possibility of
customer changes in delivery schedules, cancellation of, or failure
to receive orders, potential delays in product shipments, delays in
obtaining inventory parts from suppliers and failure to satisfy
customer acceptance requirements.
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version on businesswire.com: https://www.businesswire.com/news/home/20210223006167/en/
Thomas McNeill Phone : (631) 981-7081 Fax : (631) 981-7095 Email
: investorrelations@cvdequipment.com
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