Category Archives: Business: Executives

News for Business Executives, current, trending, fresh , Press Releases about whats currently happening in the Business Place for executives.

First Rate Announces Restructuring of Leadership Team


“Strategically aligning our operations will greatly enhance our ability to synchronize our business efforts around our mission to help companies grow and thrive as stewards of their clients’ investments.”

First Rate, a leading provider of financial service solutions to the wealth management industry, today announced the reorganization of its company’s leadership team as it responds to an enhanced focus on growth and strategic expansion in domestic and global markets.

The reorganization of the leadership team is focused on strategically aligning product innovation with growth operations while joining all marketing and sales efforts. The change will better position the company to achieve its growth goals while also providing the continuity of strong leadership across all business areas.

“This is a significant milestone in our company’s history to provide new roles within our leadership team to position First Rate for continued success domestically and expansion globally,” said Craig Wietz, President of First Rate. “Strategically aligning our operations will greatly enhance our ability to synchronize our business efforts around our mission to help companies grow and thrive as stewards of their clients’ investments.”

Leadership Announcements

Bo McWilliams has been named Chief Technology Officer. He will play a fundamental role in bringing together the business units devoted to new product initiatives as well as growing the software delivery and fulfillment model. McWilliams brings 30 years of experience directing Product Development, Professional Services, and Operational Infrastructure business units with a specialty in building teams to drive and support rapid product growth and innovation.

Deborah Repak has been named Managing Director – First Rate Global. Repak will oversee the global solution and service operations and expansion in the United Kingdom and Asia-Pacific Region. With more than 30 years in developing award winning solutions and services at First Rate, Repak brings product insight and innovation to build out the expansion into new, growing marketplaces. With offices now open in Singapore and the United Kingdom, Repak will guide all business development efforts, offshore hosting operations, and client onboarding.

Marshall Smith has been named Chief Operating Officer. Bringing more than 15 years of experience in building and managing operational growth and prioritization, Smith will focus on scaling the back office ecosystem, bringing together multiple business units to provide unparalleled service opportunities. As a former Chief Products Officer, Smith managed the solution development and product growth initiatives of more than 500 wealth management institutions with more than $2.3 trillion in assets on the First Rate platform.

Emily Traxler has been named Chief Marketing Officer. Traxler will oversee the strategic direction and implementation of all marketing and business development efforts to expand awareness of the First Rate brand, fill a robust pipeline through prospecting and lead generation, and maintain a positive image of First Rate and its solutions and services in the domestic and global marketplace. Since joining First Rate in 2010, Traxler has rebranded our suite of solutions, introduced new innovative products to market, and amplified First Rate’s brand to international markets.

“According to a recent article, Doug Fritz estimates that twenty percent of fintechs will be out of the game due to the current market climate,” said Wietz. “First Rate will not be one of those firms; we are here to stay. The strategic changes within our leadership structure, our product innovation that is launching now around artificial intelligence and institutional analytics, and our global expansion footprint all are moving us forward into the new age of Fintech Unicorns.”

Check out our blog for more information relative to our reorganized teams and new general manager announcements for each business unit. In addition, be on the lookout for our product innovation that will be launching this summer around artificial intelligence and institutional analytics.

Contact First Rate for more information about the restructuring of the organization and how it can help your firm grow your business and tell your clients’ unique investment story.

About First Rate

First Rate exists to help wealth management companies grow and thrive as stewards of their clients’ investments. Our reporting solutions help financial firms create absolute transparency while empowering investors to simplify and better understand their financial world.

Through First Rate’s holistic view of engagement, we deliver adaptable and tailored solutions that sustain long-term relationships. With a proven track record including more than 25 years of experience, our relentless focus on meeting the diverse needs of our partners is unmatched in the industry.

We design the best technologies and foster superior client relationships, enabling our partners to prosper by providing similar successful – and enduring – relationships to investors. First Rate gives financial firms peace of mind by delivering consistent, accurate results that are designed to address the specific needs of their business – and their investors.

Website: http://www.FirstRate.com

Follow us: @FirstRatePerf

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Lean Enterprise Institute Names Patricia Panchak as Head of Editorial and Communications


Pat Panchak

Business journalist and executive Pat Panchak joins LEI as its new Team Leader, Editorial and Communications.

“I’ve been writing about how leaders address management challenges for the better part of my career, and LEI has always been the go-to source for the latest thinking and research.”

The Lean Enterprise Institute (LEI), a global leader in lean thinking and practice, today announced the appointment of veteran business journalist and executive Patricia Panchak as Team Leader Editorial and Communications. She will lead content development and communications at the Boston-based nonprofit.

As a member of the leadership team in the new post, Panchak reports to LEI President Josh Howell.

“For more than 20 years, LEI has provided thought-leading content about the fundamental challenge of management for value creation and people development,” Howell said. “Pat adds remarkable experience to the team responsible for continuing that legacy.”

For 25 years as a business journalist, media strategist, and public speaker, Panchak’s reporting and research have helped executives manage important business trends, including digital technologies, employee engagement, and lean management. Most recently, she served as an editor for Target magazine, the Association for Manufacturing Excellence’s quarterly publication focused on continuous improvement. As an independent journalist, she wrote about lean and digital strategies for a variety of organizations.

As the former editorial director of nine publications in Penton Media’s Manufacturing and Supply Chain Group and editor-in-chief of IndustryWeek, Panchak helped extend the reach of powerful media brands. She led development, integration, and distribution of editorial content, including magazine management, writing, editing, and production.

She directed the group’s digital strategy and content development including e-newsletters, webinars, blogs, and social media activity. Panchak also managed the development of research and industry conferences.

“I’ve been writing about how leaders address management challenges for the better part of my career, and LEI has always been the go-to source for the latest thinking and research,” Panchak said. “I’m delighted to join the team.

About the Lean Enterprise Institute

Lean Enterprise Institute Inc. is a 501(c)(3) nonprofit based in Boston, MA, with a mission to make things better through lean thinking and practice by helping companies create more value and prosperity while consuming the fewest possible resources. Founded in 1997 by management expert James Womack, PhD, LEI conducts research through co-learning partnerships with companies, teaches on-site and public workshops, publishes books and ebooks, organizes conferences, and shares practical information about lean thinking and practice. Visit http://www.lean.org.

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Thomas J. Giordano, Jr. invited to join Philadelphia Business Journal Leadership Trust


Headshot of Thomas J. Girodano, Esq., Pond Lehocky founding partner

Thomas J. Girodano, Esq., Pond Lehocky founding partner

Thomas J. Giordano, Jr, Esq., founding partner of Pond Lehocky and Pond Lehocky Disability, has been invited to join Philadelphia Business Journal Leadership Trust, an exclusive community for influential business leaders, executives, and entrepreneurs in Greater Philadelphia.

Tom was chosen for membership by the Philadelphia Business Journal Leadership Trust Selection Committee due to his experience, leadership, and influence in the local business landscape and beyond. Tom has dedicated his career to assisting disabled Americans. He leads Pond Lehocky Disability, the firm’s nationwide Social Security and disability insurance arm. The department has represented tens of thousands of disabled individuals in all 50 states. Giordano has also previously served on the board of directors of the Epilepsy Foundation of Eastern Pennsylvania. A graduate of Rutgers University School of Law – Camden, Giordano currently serves as the chair of the Social Security Disability Committee of the American Association for Justice and as the co-chair of the Social Security Disability section of the Philadelphia Bar Association.

“Philadelphia’s thriving business community is powered by leaders like Tom,” said Sandy Smith, market president and publisher of the Philadelphia Business Journal. “We’re honored to be creating a space where the regions business influencers come together to increase their impact on the community, build their businesses and connect with and strengthen one another.”

As an invited member, Tom will contribute articles to the Philadelphia Business Journal website and participate alongside fellow members in Expert Panels. He will connect and collaborate with a vetted network of local leaders in a members-only directory and a private forum on the group’s mobile app.

Tom will also benefit from leadership and business coaching, an Executive Profile on the Philadelphia Business Journal website, select partner discounts and services and ongoing support from the community’s concierge team.

The Philadelphia Business Journal Leadership Trust team is honored to welcome Tom the community and looks forward to helping him elevate his personal brand, strengthen his circle of trusted advisors and position him to further impact the Philadelphia business community and beyond.

About Business Journals Leadership Trust

Philadelphia Business Journal’s Leadership Trust is a part of Business Journals Leadership Trust is a collective of invitation-only networks of influential business leaders, executives and entrepreneurs in your community. Membership is based on an application and selection committee review. Benefits include private online forums, the ability to publish insights on bizjournals.com, business and executive coaching and a dedicated concierge team. To learn more and find out if you qualify, visit trust.bizjournals.com.

About Pond Lehocky

Pond Lehocky opened its doors in July 2010 with six attorneys and only 22 total staff members. Today, it is one of the largest workers’ compensation and Social Security disability law firms in Pennsylvania, helping workers with employment legal needs. The firm also has a robust referral network, helping Americans nationwide with all legal matters. Pond Lehocky has been honored with more than 60 awards over the past decade, being named Best Places to Work by The Philadelphia Business Journal six times and Top Workplaces by The Philadelphia Inquirer.

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Terry Gallaher joins Inte Q, Leading CRM and Loyalty Agency, as Chief Customer Officer


Terry Gallaher, Chief Client Officer, Inte Q

Terry Gallaher, Chief Client Officer, Inte Q

“Adding talented people like Terry to our already very talented team, is a big win for Inte Q. Terry’s thought leadership and client-centric mindset will create a strong vision for how we work with our clients, and help us achieve our aggressive growth plans,” said Chris Duncan, Inte Q President.

Inte Q, a leader in building effective customer loyalty strategies, campaigns and experiences for brands, is excited to announce Terry Gallaher has joined the organization as Chief Customer Officer. In his role Terry will lead all client functions, including strategic sales, account management and client services. With more than twenty years of sales executive and management experience, Terry has successfully built relationships, collaborated and delivered strategic solutions to Fortune 500 brands in retail, financial and digital media verticals.

Terry brings experience from some of the world’s most well-known brands and brings a long track record of successfully helping clients grow their business. Previously, Terry held senior roles with Salesforce and Google where he worked with marquee retail brands including Target, Kohl’s, Best Buy, and Walgreens. During his tenure at Google, Terry was awarded the 2018 “Retail Visionary Award” by Big Box Retail and the “Trailblazer Gold Sales Award,” in which he was honored as one of fifty sales leaders in America’s Largest Customer Sales Organization.

“I am thrilled to have Terry join Inte Q. Adding talented people like Terry to our already very talented team, is a big win for Inte Q. Terry’s thought leadership and client-centric mindset will create a strong vision for how we work with our clients, and help us achieve our aggressive growth plans,” said Chris Duncan, Inte Q President.

“I am excited to join such an innovative company like Inte Q and I look forward to bring the experience that I’ve gained at world-class companies like Salesforce and Google to add to the success that Inte Q has experienced,” said Terry Gallaher.

Terry will be located at Inte Q’s headquarter in Oakbrook Terrace, Illinois.

About Inte Q

Inte Q is an insights and activation agency that develops data-driven strategies to help brands create Customer Love® – turning casual shoppers into brand loyalists. With a deep understanding of customer engagement, the company builds effective customer engagement strategies, campaigns and experiences for its clients.

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Network of Executive Women welcomes Laurie Greer as new Vice President


Network of Executive Women welcomes Laurie Greer as new Vice President

Network of Executive Women welcomes Laurie Greer as new Vice President

NEW President and CEO Sarah Alter welcomed Laurie to the organization, saying, “NEW is thrilled to have Laurie on board. Her expertise will direct and strengthen NEW’s relationships with our corporate partners and increase the value we provide them by radically transforming workplaces.”

Greer will take on the role of Vice President of Strategic Partnerships and Members

Laurie Greer has joined Network of Executive Women (NEW) as Vice President of Strategic Partnerships and Members. She will lead the NEW Partnership team.

Laurie will be responsible for corporate partnerships, mission engagement, and organizational transformation in the corporations we serve while supporting NEW members’ personal, professional and business goals. Laurie comes to NEW with over 20 years of executive experience working with organizations focused on underserved communities, and a passion for women’s equity and equality organizations.

NEW President and CEO Sarah Alter welcomed Laurie to the organization, saying, “NEW is thrilled to have Laurie onboard. Her expertise will direct and strengthen NEW’s relationships with our corporate partners and increase the value we provide them by radically transforming workplaces.”

Most recently, Laurie worked in organizational strategy and partnerships at S.H.E. Globl. Prior to that, she was instrumental at AnitaB.org, as VP of Partner Engagement and Success, growing partnerships, sponsorships, and developing strategy, as well as personally securing over $20M in new revenue. During her tenure, Laurie’s commitment and leadership skills contributed to the exponential growth of both the well-known Grace Hopper Celebration and AnitaB.org, resulting in AnitaB.org becoming a $30M+ organization.

Laurie has served on the board of The Almaden Valley Women’s Club and the San Jose Earthquakes Foundation. She graduated with a BA in Communications from the University of Iowa, and is also a Certified Diversity Executive.

Laurie’s hobbies include the small vineyard she owns with her husband, which they use to make their own wine. They also tend a large garden and seven fruit trees. She loves having friends and family over for a night of bocce ball, giant Jenga, or cornhole. Laurie and her husband, Jerry, have been married for nearly 35 years. They live in San Jose, California with their three sons and Bernese mountain dog, Finnegan.

ABOUT NEW

Founded in 2001, Network of Executive Women is the largest U.S. non-profit organization dedicated to achieving gender equality in the workplace and advancing women into leadership roles. NEW is a powerful and growing community of nearly 13,000 members, we are a collective voice for everyone in the corporate world who wants to see diversity, equity and inclusion become a reality. Our members represent more than 925 companies and are active in 22 regions throughout North America. Our mission is powered by more than 260 national and regional corporate sponsors within retail, consumer products goods, financial services and technology. For more information about NEW and its learning programs, events, content and insights, visit newonline.org. Connect with us on social media @newnational.

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Scott Anair Is the New President and CEO of Wauseon Machine


Wauseon Machine is pleased to welcome Scott Anair as its new President and CEO. As part of the long-term succession plan, the Board of Directors and Leadership Team of Wauseon Machine began the search for a Chief Executive Officer (CEO) to succeed Russ Dominique last year. Anair is an accomplished business leader with experience in operations, engineering, program management, and business development. The appointment was effective March 9, 2020.

Scott Anair Bio

Anair graduated from the University of Michigan with a bachelor’s degree in Industrial and Operations Engineering, and was most recently employed at JR Automation as the President of their Systems Division. JR Automation is a global systems integrator for advanced automation systems, and the Systems Division represented approximately 60% of JR’s sales, earnings and workforce across 10 locations in North America. Prior to joining JR Automation, Scott worked in various leadership capacities at Sandvik and Johnson Controls, totaling over 30 years.

Wauseon Machine and Manufacturing, Inc. – founded in 1983 – headquartered in Wauseon, OH specializes in build-to-print tooling, prototypes, precision machining, machine building, and robotics automation. In 2010, Wauseon Machine and Manufacturing expanded into the Dayton, Ohio area with an office dedicated to the sales of Automation and Robotic Integration.

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Veteran Insurance Executive Named FSL Vice President


Fidelity Security Life Insurance Company (FSL) has named Tim Knott as its Vice President, Marketing.

Knott brings more than 35 years of industry experience to FSL, most recently spending the past six years as Vice President of Group Insurance at Kansas City Life Insurance Company. Prior to that, he was Senior Vice President of Assurant Employee Benefits in Kansas City, Missouri.

In his new position, Knott will be responsible for functions related to maintaining and growing existing partnerships, explore new product development, and seek new marketing opportunities. “Tim adds greatly to FSL’s ability to continue building its flexibility and responsiveness in the market,” said Bryce Jones, FSL Vice President. “We’re pleased Tim joined us and look forward to seeing the value he’ll bring to our operations.”

Fidelity Security Life is a specialty insurance underwriter based in Kansas City, Missouri, with depth of expertise in life, disability, supplemental health, annuity, and stop-loss. The Company manages about $1 billion in assets, collects more than $1 billion in total premium annually, and boasts capital & surplus exceeding $260 million. FSL is rated A (Excellent) for its financial strength by A.M. Best Company, a leading ratings agency for the insurance industry.

FSL was established in 1969 and today is wholly owned and managed by second and third-generation members of the Jones family.

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Billon and Raiffeisen Bank International (RBI) to Pilot Digitized National Currency


Billon and Raiffeisen Bank International (RBI) decided to extend a successful proof-of-concept of a national currency Tokenization Platform into a pilot project, which will include selected RBI corporate and institutional clients. This pilot will lever a new form of national currency tokenization using Billon’s distributed ledger technology, successfully tested during RBI’s Elevator Lab acceleration program earlier this year.

The pilot is planned to be carried out by the end of this year. As the project uses Billon’s Digitized Distributed Cash system, it is a true tokenization of national currency and part of the global trend of commercial and central banks to develop new blockchain architectures that comply with payment and data regulations. If successful, the project could be deployed in CEE countries where RBI operates.

Stefan Andjelic, Blockchain Hub Lead at Raiffeisen Bank International, comments: “Billon is a great example of a fintech that understands how to adapt blockchain to serve the needs of banks and their clients. Specifically during the COVID-19 situation, banks need to partner with fintechs to innovate faster and help clients with payments processing and liquidity needs.”

The tokenization platform, initially called RBI Coin, was developed by Billon during the Elevator Lab program concluded on March 5th. The system enables banks to choose a transfer method that provides increased speed, more certainty of payment status, reduced exception handling and the ability to substantially reduce customer inquiries.

With the system, e-money transactions can be supplemented with additional documents or data, such as invoices and confirmation of source of funds, for full transparency and audit trail. End-to-end benefits will be estimated at the end of the pilot, but Billon expects the bank to improve customer experience, differentiate its offering and achieve process and cost efficiencies in several categories.

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About Billon

Billon created the first enterprise DLT system, unifying national currency transactions, document management and identity management into a single architecture. We solved the challenge of transacting micropayments at scale and we also encrypt documents and data on-chain, unleashing the transformational capacities of blockchain technologies in the regulated world. Billon’s high-performance DLT system is designed to deliver tangible business results in the areas of Digitised Cash, Trusted Documents and Identity & Data Sharing.

Billon Group Ltd. was founded in the UK in 2015, following several years of R&D in Poland. Its unique DLT protocol has been supported by many R&D grants, including the EU Horizon 2020 program. Billon is licensed to issue electronic money by regulators in the UK and Poland and employs a global team of more than 80 professionals in its two offices in London and Warsaw.

Billon works to implement its technology commercially with leading business partners, such as FIS, Raiffeisen Bank International and BIK (the Polish credit office). For more information, visit http://www.billongroup.com.

About RBI

Raiffeisen Bank International AG (RBI) regards Austria, where it is a leading corporate and investment bank, as well as Central and Eastern Europe (CEE) as its home market. 13 markets of the region are covered by subsidiary banks. Additionally, the RBI Group comprises numerous other financial service providers, for instance in leasing, asset management or M&A.

Around 47,000 employees service 16.7 million customers through approx. 2,000 business outlets, the by far largest part thereof in CEE. RBI’s shares are listed on the Vienna Stock Exchange. The Austrian Regional Raiffeisen Banks own around 58.8 percent of the shares, the remainder is in free float. Within the Austrian Raiffeisen Banking Group, RBI is the central institute of the Regional Raiffeisen Banks and other affiliated credit institutions. For more information, visit rbinternational.com.

Media Contacts

  •     For Europe: Maciej Józefowicz, Head of PR & Communication / maciej.jozefowicz@billongroup.com / tel. 0048 734 443 023
  •     For North America: Nancy Broe / nbroe@fulltiltconsulting.com / tel. +1 678 230 9146

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The Bowdoin Group Continues Extensive Growth, Welcoming Terri Ryan as New Vice President of Finance


We are delighted to bring Terri onboard as we continue to strengthen our FP&A and Administration functions at The Bowdoin Group.

The Bowdoin Group, an executive search firm with deep expertise in leadership search and strategic build-outs for companies across the Innovation Economy, announced the expansion of their team with two new strategic hires, including the appointment of Terri Ryan as the new Vice President of Finance.

Terri brings a strong finance background to The Bowdoin Group and experience in building and managing companies in high growth environments with increasing levels of complexity. She has over 25 years of experience leading finance organizations and overseeing strategic financial operations, reporting, analysis and planning, and administration. Most recently, Terri served as the Vice President of Finance and Administration at NetNumber, Inc., where she oversaw and led their finance, accounting and HR teams, and partnered closely with the management team to provide strategic analysis for making better business decisions.

“We are delighted to bring Terri onboard as we continue to strengthen our FP&A and Administration functions at The Bowdoin Group. She is a great addition to the team and will support our strategic vision across the board,” said Scott Aldsworth, President at The Bowdoin Group.

When asked about her new role as VP of Finance, Terri stated, “The Bowdoin Group is such a recognized name in the search industry. Their reputation precedes them across the Greater Boston Area, and it’s an honor to join such a well-regarded and mission-driven firm. I am looking forward to working closely with the management team as the company continues to grow.”

The firm also welcomes Travis DeMar as a Senior Consultant to the team. Travis brings years of relationship-building and management experience to The Bowdoin Group, most recently serving as a Talent Acquisition Consultant for Pegasystems, and before that, a recruiter for WinterWyman’s executive search business, where he was responsible for candidate engagement and client relationships. Before entering the talent acquisition industry, Travis spent 10 years in higher education.

“We are excited to welcome Travis to the team,” said Kara Barr, Vice President of Delivery at the firm. “Our delivery mechanism is built on a strong foundation of both recruiting and research, and we know Travis will be a strong addition in bringing the best possible service to our clients.”

The Bowdoin Group looks forward to continued growth across the core vertical markets it serves—BioPharma, Digital Health, and Technology—with the experience and expertise that both Terri and Travis bring to the firm.

About The Bowdoin Group

Founded in 1994, The Bowdoin Group is an award-winning executive search firm that specializes in leadership and strategic roles, recruitment process outsourcing (RPO) services, and major hiring projects for a wide range of companies, from small firms building out their executive team to larger firms sourcing talent for rapid market expansion. With deep expertise in BioPharma, Digital Health, FinTech and Financial Services, and Software and Technology, Bowdoin is a national leader with the ability to source talent and service companies globally. The company’s service reputation has earned it a ranking in the top 2% of the recruiting industry for client satisfaction year after year. The Bowdoin Group is also active in supporting the local entrepreneurial ecosystem as well as several non-profit causes, including Life Science Cares, NEVCA, Hack.Diversity, and FinTech Sandbox. Visit us at https://www.bowdoingroup.com and connect with us on LinkedIn, Twitter, and Facebook.

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Contact

Emily Leinbach

Head of Marketing

eleinbach@bowdoingroup.com

(718) 263-5239

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AIM Appoints Timothy O’Neill Director of Product Management


Timothy O’Neill, AIM’s Director of Product Management

“This is a very important and exciting new role for both Tim and the company, Tim has been a valuable resource for AIM customers for many years and we are confident that he will excel in his new role and look forward to his valuable contributions.” said AIM’s Executive Vice President, David Suraski.

AIM Solder, a leading global manufacturer of solder assembly materials for the electronics industry, is pleased to announce the appointment of Timothy O’Neill to the position of Director of Product Management.

As AIM’s Director of Product Management, Timothy’s new role will include managing products throughout the product life cycle, gathering and prioritizing product and customer requirements, defining the product vision, and working closely with the R&D team to continue developing world-class solder products.

With over twenty-five years of experience in the solder industry, Timothy has co-authored several papers on PCB assembly subjects. He is a Certified IPC Specialist, a technical writer and presenter for industry trade publications and events. His commitment and dedication to sharing innovative solutions to challenging problems in the electronics assembly market have earned him recognition from the SMTA as Speaker of Distinction.

“This is a very important and exciting new role for both Tim and the company,” said AIM’s Executive Vice President, David Suraski. “Tim has been a valuable resource for AIM customers for many years and we are confident that he will excel in his new role and look forward to his valuable contributions.”

About AIM

Headquartered in Montreal, Canada, AIM Solder is a leading global manufacturer of assembly materials for the electronics industry with manufacturing, distribution and support facilities located throughout the world. AIM produces advanced solder products such as solder paste, liquid flux, cored wire, bar solder, epoxies, lead-free and halogen-free solder products, and specialty alloys such as indium and gold for a broad range of industries. A recipient of many prestigious SMT industry awards, AIM is strongly committed to innovative research and development of product and process improvement as well as providing customers with superior technical support, service and training. For more information about AIM’s complete line of advanced solder products and global technical services, please visit http://www.aimsolder.com.

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