Anthony L. Trunzo Named Executive Vice President and Chief Financial Officer of FEI Company
March 03 2015 - 8:30AM
FEI Company (Nasdaq:FEIC) announced that Anthony L. Trunzo has
accepted an offer to join the company as its Executive Vice
President and Chief Financial Officer effective April 10, 2015. Mr.
Trunzo will succeed Raymond A. Link, who is retiring after having
served as FEI's Executive Vice President and Chief Financial
Officer since July 2005, and as interim Chief Executive Officer and
CFO from April 2006 to August 2006. Mr. Link will assist in
transitioning his role to Mr. Trunzo.
"Tony's success leading the finance organization at a large
imaging technology company and background in business development
make him an ideal fit for the next phase of FEI's growth,"
commented Don Kania, president and CEO. "We are excited that
Tony has decided to join the FEI team and I, along with the rest of
the board of directors and senior management, have confidence that
he will make significant, long-term contributions to FEI.
"I would also like to extend my personal thanks to Ray, who has
done an outstanding job as FEI's CFO over the past decade. He
has played an integral role in shaping our long term financial
strategy, leading the finance team and building the systems that
have enabled FEI to deliver significant revenue and profitability
growth over his tenure. I know I speak for everyone at FEI in
wishing Ray all the best in a well-deserved retirement."
"I am grateful to have worked with so many dedicated and
talented individuals during my career at the company," commented
Mr. Link. "As I end my time as CFO at FEI, I am excited to
leave the role in such capable hands. Tony brings a wealth of
finance knowledge and broad corporate experience to FEI. His
leadership and vision are an outstanding addition to our strong and
seasoned management team, and I am looking forward to working with
him during the transition period."
"FEI has a technology leadership position in a large and
expanding addressable market, dedicated employees and strong
financial performance," said Mr. Trunzo. "I see great
opportunity to leverage these strengths to continue delivering
growth, improving profitability and generating superior returns to
shareholders. I am looking forward to working with the
existing team to deliver on these exciting opportunities."
Since 2010, Mr. Trunzo has been Senior Vice President, Finance
and Chief Financial Officer of FLIR Systems, Inc. He joined
FLIR in August 2003 as Senior Vice President, Corporate Strategy
and Development. FLIR designs, manufactures, and markets
advanced systems and components used for a wide variety of thermal
imaging, situational awareness and security applications, including
airborne and ground-based surveillance, condition monitoring,
navigation, recreation, research and development, manufacturing
process control, search and rescue, drug interdiction,
transportation safety, border and maritime patrol, environmental
monitoring and chemical, biological, radiological, nuclear and
explosives (CBRNE) threat detection.
Prior to joining FLIR, Mr. Trunzo was a Managing Director in the
Investment Banking Group at Banc of America Securities, LLC and
previously held various positions at PNC Financial Services Group,
Inc. He holds a B.A. in Economics from the Catholic
University of America, an MBA with a concentration in finance from
the University of Pittsburgh and is an alumnus of the Harvard
Business School Advanced Management Program.
Safe Harbor Statement
This news release contains forward-looking statements, including
statements related to the start date for Mr. Trunzo, and plans for
transitioning of the CFO role from Mr. Link to Mr. Trunzo. Factors
that could cause actual results to differ materially from the
forward-looking statements include changes in the plans and roles
of Mr. Link and Mr. Trunzo, Mr. Trunzo's withdrawal of acceptance
of the position and ineffective transitioning of the CFO role to
Mr. Trunzo. Please also refer to our Form 10-K, Forms 10-Q,
Forms 8-K and other filings with the U.S. Securities and Exchange
Commission for additional information on these factors and other
factors that could cause actual results to differ materially from
the forward-looking statements. FEI assumes no duty to update
forward-looking statements.
About FEI:
FEI Company (Nasdaq:FEIC) designs, manufactures and supports a
broad range of high-performance microscopy workflow solutions that
provide images and answers at the micro-, nano- and picometer
scales. Its innovation and leadership enable customers in industry
and science to increase productivity and make breakthrough
discoveries. Headquartered in Hillsboro, Ore., USA, FEI has over
2,600 employees and sales and service operations in more than 50
countries around the world. More information can be found at:
www.fei.com.
CONTACT: FEI Company
Jason Willey
Investor Relations Director
(503) 726-2533
jason.willey@fei.com
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