CAMBRIDGE, ON, Feb. 8, 2017 /CNW/ - ATS Automation Tooling
Systems Inc. (TSX:ATA) ("ATS" or the "Company") is very pleased to
announce that Andrew Hider has been
appointed Chief Executive Officer of ATS. This critical
appointment follows an extensive planning and search process led by
its Board of Directors.
Mr. Hider is uniquely qualified to lead ATS and its global team
of 3,500 employees. He is an experienced executive with a
track record of success founded on his ability to drive business
growth and operational performance in complex business environments
and across multiple industries including transportation, advanced
technology, instrumentation and industrial products.
Most recently, Mr. Hider served as President and CEO of the
Taylor Made Group, LLC, a diversified global leader in the supply
of innovative products and systems for marine, transportation,
agriculture, and construction markets. Prior to that, Mr.
Hider served for 10 years at Danaher Corporation (NYSE: DHR), a
global science and technology company, including as President of
Veeder Root which included a group
of subsidiary companies: Red Jacket, Catlow, Insite 360, and Fuel
Quest.
Mr. Hider began his career with General Electric (NYSE: GE),
serving in a number of areas over a six-year period including
manufacturing, project management, procurement and finance,
culminating in his appointment as General Manager of GE
Tri-Remanufacturing. Mr. Hider holds a Bachelor of Science in
Interdisciplinary Engineering and Management and a Masters of
Business Administration, both from Clarkson
University.
"Andrew is a proven, high-energy leader with strong operational,
commercial and strategic skills honed while serving for almost two
decades for highly disciplined and successful global companies,"
said David McAusland, Chairman of
the Board of Directors. "As ATS continues to drive its value
creation strategy through organic growth and acquisitions, our
shareholders, our customers and our employees will definitely
benefit from Andrew's focused leadership. On behalf of the
Board, we welcome Andrew as our next leader."
Said Mr. Hider: "ATS has great customers, automation
industry-leading employees and a proven value creation plan for
shareholders. I look forward to building on the Company's
success in the months and years ahead."
As planned and announced in March
2016, current CEO Anthony
Caputo will be stepping down and resigning from the Board of
Directors as of February 15,
2017. Mr. Hider will assume leadership of ATS on March 6, 2017.
"The Board joins me in thanking Anthony for his strong
leadership and congratulating him on his many achievements over the
last nine years," said Mr. McAusland.
About ATS
ATS is an industry-leading automation
solutions provider to many of the world's most successful
companies. ATS uses its extensive knowledge base and global
capabilities in custom automation, repeat automation, automation
products and value-added services including pre-automation and
after-sales services to address the sophisticated manufacturing
automation systems and service needs of multinational customers in
markets such as life sciences, chemicals, consumer products,
electronics, food, beverage, transportation, energy, and oil and
gas. Founded in 1978, ATS employs approximately 3,500 people
at 23 manufacturing facilities and over 50 offices in North America, Europe, Southeast
Asia and China. The Company's shares are traded on the
Toronto Stock Exchange under the symbol ATA. Visit the Company's
website at www.atsautomation.com.
SOURCE ATS Automation Tooling Systems Inc.