LGL Group Adds Depth to Senior Management Team
November 24 2015 - 4:05PM
Business Wire
Robert Mamazza Named Vice President and
Chief Operating Officer
The LGL Group, Inc. (NYSE MKT:LGL) (the “Company”) today
announced the appointment of Robert Mamazza, Ph.D., as the
Company’s Vice President and Chief Operating Officer.
The LGL Group is the parent company of MtronPTI, a leader in
precision frequency control and custom RF/microwave solutions for
defense, aerospace, telecommunications and industrial markets
Dr. Mamazza has a broad background in product design,
engineering management, R&D, and business development in
defense, commercial and consumer markets. His most recent
assignment was Chief Technology Officer of Evatec Advanced
Technologies AG (“Evatec”), located in Switzerland. Prior to that,
Dr. Mamazza held various positions within Oerlikon Advanced
Technologies (formerly part of the Oerlikon Group), which was
acquired by Evatec, including Chief Technology Officer, Head of
Research and Development, and Head of Engineering. Dr. Mamazza
attended the University of South Florida where he received his PhD
in Engineering Science in Electrical Engineering. He also studied
emerging markets and finance at the Universität St. Gallen,
Switzerland and the Oxford Saïd Business School, England,
respectively. Dr. Mamazza also served in the United States Marine
Corps (“USMC”) and USMC Reserve.
Michael J. Ferrantino, Sr., President and Chief Executive
Officer said, “We are delighted to have Rob as part of our senior
management team. As we continue to move the Company forward as a
provider of market driven RF and microwave technology solutions,
Rob’s skills in attracting quality talent and managing large
engineering groups will enhance our ability to grow the business.
In addition, his international experience will help us better
understand what it takes to participate on a world-wide basis.”
The Company’s Chairman of the Board, Marc Gabelli, added “I
believe Rob’s strong engineering background and operational
experience will help accelerate the Company’s improvement and drive
value creation for our stockholders.”
Dr. Mamazza will be based at MtronPTI’s headquarters in Orlando,
Florida.
About The LGL Group, Inc.
The LGL Group, Inc., through its wholly-owned subsidiary
MtronPTI, manufactures and markets highly-engineered electronic
components used to control the frequency or timing of signals in
electronic circuits. These components ensure reliability and
security in aerospace and defense communications, synchronize data
transfers throughout the wireless and internet infrastructure, and
provide low noise and base accuracy for lab instruments.
Headquartered in Orlando, Florida, the Company has additional
design and manufacturing facilities in Yankton, South Dakota and
Noida, India, with local sales offices in Sacramento, California
and Hong Kong.
For more information on the Company and its products and
services, contact Patti Smith at The LGL Group, Inc., 2525 Shader
Rd., Orlando, Florida 32804, (407) 298-2000, or visit
www.lglgroup.com and www.mtronpti.com.
Caution Concerning Forward Looking Statements
This press release may contain forward-looking statements made
in reliance upon the safe harbor provisions of Section 27A of the
Securities Act of 1933, as amended, and Section 21 E of the
Securities Exchange Act of 1934, as amended. Forward-looking
statements include all statements that do not relate solely to
historical or current facts, and can be identified by the use of
words such as “may,” “will,” “expect,” “project,” “estimate,”
“anticipate,” “plan,” “believe,” “potential,” “should,” “continue”
or the negative versions of those words or other comparable words.
These forward-looking statements are not guarantees of future
actions or performance. These forward-looking statements are based
on information currently available to us and our current plans or
expectations, and are subject to a number of uncertainties and
risks that could significantly affect current plans, anticipated
actions and our future financial condition and results. Certain of
these risks and uncertainties are described in greater detail in
our filings with the Securities and Exchange Commission. We are
under no obligation to (and expressly disclaim any such obligation
to) update or alter our forward-looking statements, whether as a
result of new information, future events or otherwise.
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version on businesswire.com: http://www.businesswire.com/news/home/20151124006009/en/
The LGL Group, Inc.Patti A. Smith,
407-298-2000pasmith@lglgroup.com
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