|
by Diane Himes, MA Editorial Staff Posted on Thursday, July 03, 2008 4:27:22 PM Sign Up to receive Daily News Alerts in your E-mail Inbox    | Abstract: | The purveyor of the deviseWISE factory-to-enterprise connection offering promotes its COO after CEO leaves the company. |
| Keywords: | ILS new CEO, ILS CEO |
Device connectivity specialist ILS Technology this week announced that Chief Operating Officer Fred Yentz has been named CEO, replacing Joe Cestari, who has left the company to pursue other endeavors after four years in the top spot.
In a July 1 letter addressed to ILS employees, Edward F. Crawford, chairman and CEO of ILS parent company Park-Ohio Holdings Corp., announced the management change, saying, “I am confident that the management team, through Fred’s leadership, will be successful in capitalizing on the company’s current momentum and in turn create significant value for ILS and our customers.”
“A lot of the heavy lifting in terms of our product portfolios has been done in terms of creating the assets and gaining traction over the past couple of years,” Yentz said in an interview with Managing Automation today. In the near future, he said, ILS will focus on “moving forward with more technology partnerships and more commercialization [of the products],” areas in which Yentz, who joined ILS as senior vice president and chief operating officer in 2007, said he has considerable experience.
[Click to continue] |
|
|
|
|