– USA, CO – Advanced Energy Industries, Inc. (Nasdaq:AEIS) today announced that John A. Roush, the chief executive officer of GSI Group, Inc. (Nasdaq:GSIG), a leading global supplier of precision photonic components and subsystems to OEM’s in the medical and advanced industrial markets, has joined the company’s board of directors.
“We are very pleased to welcome John to our Board,” said Grant Beard, the chairman of Advanced Energy. “His extensive leadership experience in diverse industrial markets and thorough understanding of the needs of those customers will make him a significant addition to the board.”
“I am very excited to work with John,” said Yuval Wasserman, president & chief executive officer of Advanced Energy. “His broad executive management experience will be a valuable asset as we expand and execute our vision to grow our industrial business and return value to shareholders.”
“I’m honored to be joining the board and look forward to working with Advanced Energy and its dynamic leadership team,” said Mr. Roush.
Mr. Roush was appointed as chief executive officer and board member to GSI Group Inc. (“GSI Group”) on December, 14, 2010. Mr. Roush joined GSI Group after a twelve year career with PerkinElmer, Inc. (“PerkinElmer”), a provider of technology and services to the diagnostics, research, environmental, safety and security, industrial and laboratory services markets, where he was a corporate officer and served in several leadership positions, most recently leading the company’s $1.2 billion Environmental Health segment. Prior to joining PerkinElmer, Mr. Roush held management positions with Outboard Marine Corporation, AlliedSignal, Inc., now Honeywell International, McKinsey & Company Inc. and General Electric. Mr. Roush also serves as a director of Lemaitre Vascular, Inc. (NASDAQ:LMAT), a global provider of medical devices and implants for the treatment of peripheral Vascular disease, and as a member of its Audit Committee. Mr. Roush holds a Bachelor of Science degree in Electrical Engineering from Tufts University and an M.B.A. from Harvard University.
About Advanced Energy
Advanced Energy (Nasdaq:AEIS) is a global leader in innovative power and control technologies for high-growth, precision power solutions for thin films processes and industrial applications. Advanced Energy is headquartered in Fort Collins, Colorado, with dedicated support and service locations around the world.
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