Category Archives: Business: Executives

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

New York Private Jet Completion Center Fabricates Masks To Donate To Essential Workers


International Jet Interiors fabricates masks to donate to hospitals and first responders

In the beginning phases of the pandemic, my wife Adrianne and I knew we needed to utilize the upholstery department of the company to make masks to donate to essential workers – Eric H. Roth, President, International Jet Interiors

The team at International Jet Interiors in Ronkonkoma, New York is lending their expertise to first responders in New York during the Covid-19 pandemic.

Like so many states throughout the country, New York’s need for masks for essential workers on the front line has been both overwhelming and dire.

The IJI Design Team enlisted the help of Pollack, which generously donated 100 percent cotton material that International Jet Interiors used to fabricate protective masks. To date, 1500 masks have been produced by the IJI team and donated to local NY and surrounding state hospitals including Huntington Hospital, St. Joseph Hospital, Syosset Hospital/Northwell Health, Plainview Hospital/Northwell Health, Brockton Hospital, St. Catherine’s Hospital, Baystate Medical Center, Ronald McDonald House Charities facility in New Hyde Park, Hauppauge Fire Department – Sub Station 1, Oyster Bay Fire Department and other essential workers who have expressed a need for personal protection.

Fortunate to be able to share their craft in a unique and transformative way during this unprecedented time, International Jet Interiors is immeasurably thankful to all of the essential workers, doctors, nurses, hospital staff, and first responders for their dedication and best efforts in this challenging environment.

A member of NBAA and IADA and other professional organizations, International Jet Interiors is an innovative leader in the aviation industry, known for their creative cabin solutions and one-of-a-kind private aircraft refurbishment.

International Jet Interiors President, Eric H. Roth shares, “my wife Adrianne and I were watching the news early one morning in the beginning phases of the pandemic, and we knew immediately we needed to utilize the upholstery department of the company to make masks. The sentiment was shared by all of our employees, and we join together as a big family to thank all essential workers for keeping our communities well cared for during this unprecedented and difficult time.”

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Billon’s Distributed Ledger Technology Enables Polish Banks to Go Paperless


Retail banks in Poland began providing customers with notifications of commissions and fees changes on blockchain via a new document management product offered by the Polish Credit Bureau (BIK, or Biuro Informacji Kredytowej in Polish). Banks use the BIK Blockchain Platform powered by distributed ledger technology (DLT), provided by the British-Polish fintech Billon Group and based on a new type of architecture storing full documents entirely in the blockchain. The aim is to eliminate paper-based client-facing notifications as well as to fully comply with MiFID II, GDPR and related regulations requiring a durable medium for such notifications.

The news comes amidst the growing concern that traditional documentation and delivery methods – including e-mail, internal banking communications and paper delivery – fall short of today’s increased need for security and authentication. Under the new approach, banks’ encrypted notification and legal agreements with clients will be stored on a distributed ledger, accessible via a portal managed by the credit bureau, so that customers can rely on having authentic and immutable documentation that the bank cannot change and which is available even when they are no longer clients of the bank.


  • The BIK Blockchain Platform assigns a unique address to every document and distributes the data to many network nodes in a way that provides extremely high database resilience and individual document tamper resistance.
  • The platform uniquely stores whole documents within the distributed ledger, including logic and signature. This eliminates the need to maintain expensive and vulnerable additional server storage, which is common for other forms of blockchain.
  • The BIK platform can be deployed in sectors outside the banking industry, including storing legal agreements, insurance claims or other high value documents.

BIK began development using Billon’s DLT system in May 2018 and field tested the system in a pilot with a group of five banks. BIK maintains records for over 25 million Poles and dozens of Polish banks.

“This launch marks the first step of commercialisation of the BIK Blockchain Platform. This version eliminates the need for paper notifications. Further versions will focus on streamlining complex multi-party processes and expand to other market sectors in Poland,” said BIK CEO Mariusz Cholewa.

“Managing documents on DLT is a much safer and cheaper solution than using paper,” said Wojtek Kostrzewa, CEO of Billon Group. “It is gratifying to see banks as progressive institutions taking advantage of the regulatory compliant ‘civilised blockchain’ solutions Billon developed specifically for regulated industries like these.”

Watch a video and learn more about Billon’s Trusted Document Management solution here.

***

BIK (Biuro Informacji Kredytowej S.A.) collects and provides data on the credit history of bank clients, credit unions, etc. from the entire credit market in Poland. BIK has the largest data collection on individual clients and entrepreneurs, including information on 147 million accounts belonging to 25 million individuals and a credit history of a total of 1.4 million companies, farmers and other entities, including 845 thousand micro-entrepreneurs. Individual clients can monitor their credit history through the online portal http://www.bik.pl. BIK Alerts service fulfills a social role and protects individuals against credit extortions or delays in repayment.

Billon unleashed the potential of blockchain by creating efficient and scalable distributed ledger technology (DLT) for business. Billon has developed the initial assumptions of blockchain technology, building a protocol that is extremely fast, fully secure and ready to be used in accordance with existing regulations. We used it at the beginning to save national currencies and micropayments, but we expanded our vision to save documents and data and identity management in a blockchain structure. Thanks to this, Billon has a unique opportunity to provide measurable business benefits to banks, companies and ordinary users in a regulated environment.

Billon was founded in Great Britain in December 2015 on the basis of an earlier research project created in Poland. Its development has been supported by numerous R&D grants, including those from the EU Horizon 2020 framework program. Today, its offices in London and Warsaw employ an international team of over 80 people. The company has a license of an electronic money publisher in Great Britain and Poland.

Billon works to implement its technology commercially with leading business partners, such as FIS in the US and BIK (the Polish credit office) in Poland. In November 2018, the company won the Global FinTech Hackcelerator at the Singapore FinTech Festival, showcasing a solution to zero-cost blockchain micropayments. On October 17, 2019 Billon won the Elevator Lab accelerator, qualifying to the partnership programme by Raiffeisen Bank International to work on e-money transactions with digitised euro on DLT.

For more information, visit http://www.billongroup.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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Drucker + Falk Gives Back to Apartment Industry Through Involvement with Triangle Apartment Association


Kellie J. Falk Managing Director for Drucker + Falk, based in Raleigh, NC

Kellie J. Falk Managing Director for Drucker + Falk, based in Raleigh, North Carolina

“TAA is a leading non-profit trade association dedicated to the advancement of the rental housing industry and that is something we feel very passionately about, and we will continue to support them in the future.” – Kellie J. Falk, Managing Director for Drucker + Falk

Drucker + Falk is a performance-driven real estate service and investment firm among some of the most respected property management and commercial real estate companies in the country. For more than 80 years, Drucker + Falk has been seen as a leading multifamily apartment management company, and is honored to recognize several employees who have dedicated their time to the Triangle Apartment Association (TAA).

TAA, the local affiliate of the Apartment Association of North Carolina and the National Apartment Association, represents individuals and companies who develop, own, manage, and provide goods and services to the apartment industry in the Raleigh-Durham-Chapel Hill and surrounding area.

Steve Hayworth, Director of Maintenance, recently received an award from TAA, highlighting his service and dedication to the board for two years. His efforts not only with TAA, but his growth and longevity within Drucker + Falk are admired and notable. Along with Hayworth, who has logged countless hours of service to the TAA board, Katy Boone, Property Manager at Crosstimbers Apartments, was installed in January 2020 and is now also on the TAA Board of Directors. At TAA, there are three boards; TAA, Triangle Apartment Association Education Foundation (TAAEF), and TAA New Lease on Life. Other Drucker + Falk employees who donate their time to these associations include, Lisa Price, immediate past Vice President and current board member for TAAEF, Nikki Worthley, DF Regional Property Manager and current Secretary/Treasurer for TAAEF, and Deanne Faison, DF Property Manager at Sumter Square and on the board of directors for TAAEF.

Kellie J. Falk, Managing Director, says, “Drucker + Falk is committed to staying involved here in the southeast when it comes to local apartment associations. TAA is a leading non-profit trade association dedicated to the advancement of the rental housing industry and that is something we feel very passionately about, and we will continue to support them in the future.”

ABOUT DRUCKER + FALK

Founded in 1938, Drucker + Falk is a full service real estate and investment firm managing a diverse portfolio of nearly 40,000 apartment homes and approximately 3,000,000 square feet of office, retail and industrial space in 13 states. In addition to managing a broad range of properties, including class A+ to affordable apartment communities, mixed-use and all types of commercial properties, Drucker + Falk partners with clients on developing new properties, renovating and repositioning assets, converting historic properties to unique, upscale apartment homes and offers commercial leasing and sales services. For more information visit Drucker + Falk.

ABOUT TRIANGLE APARTMENT ASSOCIATION

Founded in 1984, the Triangle Apartment Association is a non-profit trade association serving the multifamily rental housing industry. Our members are individuals and companies who develop, own, manage, and provide goods and services to the apartment industry in the Raleigh-Durham-Chapel Hill area.

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Axiom Valuation Solutions Welcomes John M. Byrne, CPA/ABV


John Byrne, Managing Director, Axiom Valuation Solutions

John Byrne

John’s unique blend of accounting and financial reporting, combined with his understanding of valuation theory and application, provides an integrated approach to delivering value to clients.

John has a robust financial reporting and valuation background. His experience includes companies operating in healthcare, technology, construction, manufacturing, and distribution. He provides business valuation services and consulting related to income tax compliance, litigation, succession planning, and financial reporting. He also consults on strategic planning related to merger and acquisition activities and related due diligence. Prior to joining Axiom, John was with a national healthcare company serving as the subject matter expert on fair value related to business combinations and related intangible asset valuations. John’s unique blend of accounting and financial reporting, combined with his understanding of valuation theory and application, provides an integrated approach to delivering value to clients.

Since 2001, Axiom Valuation Solutions, a leading business and financial securities valuation firm serving clients around the U.S. and across the globe, has provided a comprehensive range of valuation services to thousands of business owners of private companies, private equity and venture capital financed companies, and public companies.

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A Tech-Enabled, Two-Sided Market Designed to Connect Difference Makers with Opportunities to Make a Difference


Raines International, one of the country’s leading executive search firms, announced today the launch of the Raines Talent Marketplace, founded by advertising and media industry veteran and innovator Matt Seiler. The digital platform, which Mr. Seiler conceived prior to joining Raines in 2019, was launched today as a membership program to accelerate a company’s ability to identify and engage exceptional candidates for short, mid and even long-term engagements.

The Raines Talent Marketplace (https://rainesinternational.com/talent-management/) is a highly-curated, executive level digital platform designed to collect and input professional background information into Raines’ proprietary talent management model, and make it instantly available to companies looking to make a difference. Candidates are drawn from six verticals and represent more than 12 senior job functions.

Mr. Seiler said that the marketplace is a critical part of the evolution of the talent landscape, and the pandemic has advanced its launch. The Talent Marketplace is ideally suited to two very different segments of today’s business spectrum: those companies experiencing huge growth, such as tele and video communications, healthcare, all things delivery and many CPGs; as well as those experiencing the need for restructure or retrenchment, such as hospitality, quick-service restaurants and airlines. Now faced with the need to engage new senior leaders for short-term business conditions, hiring organizations require the expertise that Raines can uniquely deliver in vetting talent for specific business opportunities.

“There are a number of industries that are thriving now, causing a surge in demand for high-level talent,” said Mr. Seiler. “By May, our product will offer a sophisticated, highly-targeted and user-friendly interface enabling businesses to immediately identify and engage talent uniquely suited to the role. We are committed to becoming the definitive destination for high-level executives and companies seeking outstanding leaders for their businesses.”

Ms. Carolyn Everson, Vice President, Global Business Group, at Facebook, said: “I am so excited to see the Raines Talent Marketplace come to life. This is exactly what we all need, now more than ever. The right talent in the right place will make huge differences for businesses no matter what their current challenge. Matt Seiler has always been someone challenging the status quo and the Talent Marketplace will do just that.”

The Talent Marketplace is the latest announcement from Raines, which this year celebrates its 51st anniversary. Since the firm announced Mr. Dan Smith as Chief Executive Officer last year, Raines has opened offices in Buenos Aires, Chicago and Washington, D.C., and expanded its senior management team, including Mr. Seiler, Innovation Practice Leader John J. Keller and last month, Patrick Gray. Mr. Gray, former U.S. Army Intelligence Officer, has joined as a Managing Director and Head of the company’s Diversified Industrials Practice with particular expertise in mission critical sectors and functions. Mr. Gray, who will open and oversee the firm’s Washington, D.C., office, will focus on the aviation, aerospace and defense, national security, government services, packaging and engineered components industries.

About Raines International:

Raines International is an executive search firm committed to making a difference through leadership. Raines is headquartered in New York City, with offices in Boston, Buenos Aires, Chicago, San Francisco and Washington, D.C., and global resources that support its executive search, executive coaching and talent management practices. Raines specializes in senior level leadership placements across industries and functions.

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Restoration 1 Now Offers Virus Disinfection Services


As Coronavirus spreads throughout the world and the US, the country needs to take the necessary precautions at home, at offices, and in general public areas, such as restaurants and grocery stores, in order to keep these spaces hygienic.

What is so concerning about the spread of the COVID-19 virus is that not only does it spread through human contact, the virus can live on surfaces and objects for up to two weeks. Here’s where Restoration 1 can help.

For a decade, Restoration 1 has specialized in biohazardous and infectious disease cleanup. They are fully trained and equipped to help at your business, or at home. Plus, all Restoration 1 locations offer 24/7 emergency response, which means a callout can take place as soon the customer or the business needs it.

“If your business is seeing foot traffic at the moment, or you are simply taking precautionary measures at home, Restoration 1 is here to assist. As professional restoration experts, we have all the necessary tools and equipment to handle virus sanitization and virus disinfection,” says Kyle Rowlee, the owner of the Restoration 1 franchise in Waco.

The Restoration 1 Disinfection Process:

  • Restoration 1 is certified by the Institute Inspection Cleaning & Restoration Certification (IICRC)
  • Using the most advanced equipment and up-to-date techniques when it comes to disease cleanup
  • Applying approved CDC and EPA industrial-strength disinfectants and cleaning agents to floors, countertops, keyboards, office equipment, shelving, storage areas, and all other surfaces in order to decontaminate them
  • The team is equipped with safety equipment to reduce the risk of contamination or illness, and are dressed in fully encapsulated personal protective equipment with full-face respirator masks
  • Following strict cleanup guidelines for the demobilization of the equipment trucks and properly handling infectious biohazard waste


For more about how Restoration 1 is tackling the Coronavirus cleanup, take a look at a television interview with Kyle Rowlee on KWTX. Go to: https://www.kwtx.com/content/news/Local-company-runs-at-full-throttle-amid-corona-cleanup-crisis-569077761.html

Rowlee explains the sanitation and disinfection process, “Reachable hard surfaces get basically a sanitation applied to them … we use that process first, let it dwell for about 20 minutes,” said Rowlee. “Then we come back through and use the disinfectant process with a UBL fogger to get a lot of those areas that we can’t physically hand-wipe.”

Find out how Restoration 1 can help disinfect environments, personal or commercial, find the nearest Restoration 1 location here or go online for a free estimate today.

ABOUT RESTORATION 1

Restoration 1 is a team of nationwide licensed and insured water damage experts that also offer fire, water, and mold damage restoration services, biohazard cleanup and infectious disease cleanup, and more, available 24/7. Their professionals, licensed by the IICRC, have been in the business of restoring damaged residential and commercial properties for over a decade. Their reputation for fast responses, unparalleled service, and uninhibited commitment has contributed to the rapid growth of the company throughout the United States.

For more information about Restoration 1, their services, and locations, go to http://www.restoration1.com.

*Cleaning and decontamination services effectively address immediate conditions, but no chemical or process eliminates 100% of all organisms.

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Dematic Names Deidre (Dee) Cusack Senior Vice President of Global Products & Solutions Business Unit


News Image

Dee is a welcome addition to Dematic’s global leadership team. Her experience in engineering, research & development and business leadership will help fuel continued industry innovation and growth for Dematic.

Dee Cusack has recently joined Dematic as SVP of Global Products & Solutions. The GPS team defines logistics solutions by combining the efficiencies and effectiveness of automation, intelligent software and reliable support to drive industry-leading innovation. Cusack is working closely with current SVP Pete Devenyi to ensure a smooth transition prior to his retirement in June 2020.

Hasan Dandashly, President and CEO of Dematic stated, “Dee is a welcome addition to Dematic’s global leadership team. Her experience in engineering, research & development and business leadership will help fuel continued industry innovation and growth for Dematic.”

“Dematic’s strength is innovation and I couldn’t be more excited to join the team,” stated Cusack. “It’s already become evident to me that this company is unified by a culture of collaboration. I look forward to leveraging the impressive strength and talent within the GPS team, and I’m excited to see what we can all do together.”

Cusack joins Dematic from ABB, where she most recently held the role of Group SVP and Global Product Group Manager. While there, she oversaw the P&L, strategy and operational performance of more than a dozen development and manufacturing sites in more than 13 countries. She holds a bachelor’s degree in optics from the University of Rochester and a master’s degree in electrical engineering from Tufts University. Cusack has also been issued four U.S. and international patents.

About Dematic

Dematic is an intralogistics innovator that designs, builds and supports intelligent, automated solutions for manufacturing, warehouse and distribution environments for customers that are powering the future of commerce. With engineering centers, manufacturing facilities and service centers located in more than 25 countries, Dematic’s global network of 8,000 employees have helped achieve more than 6,000 worldwide customer installations for some of the world’s leading brands. Headquartered in Atlanta, Dematic is a member of KION Group, a global leader in industrial trucks, supply chain solutions and related services, and a leading provider of warehouse automation.

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Ashling Partners Announces New Chief People Officer


Ashling Partners, a technology-enabled services firm that drives efficiency gains and business process improvement through process discovery, Intelligent Automation, Robotic Process Automation (RPA) and targeted Artificial Intelligence (AI), has appointed Nikki Ahlgren as Chief People Officer.

Based in Minneapolis, MN, Ahlgren brings to Ashling Partners 13 years of cross-functional experience in Human Capital Management, Recruiting & Talent Development, Business Process Transformation and Intelligent Automation. Before joining Ashling Partners, Ahlgren led the Business Process Transformation practice at Hollstadt Consulting, directed the Healthcare Customer Success team for UiPath, and led the automation program and resource management operations at Optum. Ahlgren holds a Bachelors of Science in Advertising and Business Administration from the University of Minnesota and a Masters of Business Administration from Bethel University.

Ahlgren commented, “It is an incredibly exciting time to join Ashling Partners. I am energized and honored to help shape the future of the organization. What I admire most is the corporate culture and the leadership team’s commitment to its people. Ashling has a culture of innovation and a passion for delivering groundbreaking technology solutions for our customers. People are our most important asset. As we scale and develop our teams to meet and exceed the demands of our clients, we will do so while maintaining an exceptional culture. We will continue to foster an environment that attracts, grows and retains the best and the brightest in intelligent automation.”

Marshall Sied, Co-founder of Ashling Partners, says, “Nikki is that rare leader that understands the Process and Technology aspects of the intelligent automation, but also understands that finding the right people and charting the right career path for our people is at the heart of our business. Nikki will help continue to make Ashling the company of choice for talent within the automation space which will also make our clients more successful.”

Don Sweeney, Co-founder of Ashling Partners, adds, “We are so excited to have Nikki join the organization and lead our team on a continual journey of growth and improvement. We are very fortunate to work with such a leader in this industry and are excited to see how our consultants and all our employees will benefit from it. Nikki is on the forefront of the “future of work” and will be a fantastic resource for prospects, clients and employees to learn from. We are all fortunate to have the opportunity to benefit from her leadership during this significant time.”

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Denver-Based Executive Chad Glauser Launches Alpine Quantitative Management


Denver-based Alpine’s mission is to achieve returns correlated to the S&P 500 while reducing volatility.

“We think of our firm as the anti-quant quant,” Glauser said.

Chad Glauser has announced the launch of Alpine Quantitative Management (Alpine), which commenced operations on December 1, 2017. Alpine’s strategy is to achieve returns correlated to the S&P 500 while reducing volatility. Investments will be based on his principle of avoiding excessive volatility to prevent significant losses and smooth overall portfolio returns.

Mr. Glauser brings to the role of Founder and Portfolio Manager extensive professional experience. This includes his position as Partner in The Glauser Group, featuring a diversified portfolio of public and private equity funds; Managing Partner of Glauser Mercedes-Benz, a chain of dealerships with locations in Sarasota, FL, Houston, TX, and Denver, CO which have all been acquired by public and private companies; and President of Homebridge Bank’s Southeastern division.

Alpine utilizes a quantitatively-driven process that is designed to respond to volatility, dynamically rotating between equities and bonds in an effort to earn returns with reduced risk. In its first 28 months ending March 31, 2020, Alpine greatly exceeded the return of the S&P 500 Target Risk Conservative Index.

“We think of our firm as the anti-quant quant,” Glauser said. “We believe markets are both efficient and organic. Our philosophy is based on straightforward, conservative investment strategies which help avoid big losses and deliver ‘winning by not losing.’ While several other managers are relying solely on hypotheticals, Alpine is focused on strategies and return profiles which are steady and reliable.”

In addition to Mr. Glauser, Alpine’s quantitative team is composed of individuals with varied specialties, including a Harvard-educated mathematician and a computer scientist. Operations and compliance are supported by PINE Advisor Solutions. PINE provides institutional tailored services to private funds, mutual funds, and investment advisors.

Visit https://www.alpine-quant.com/ for more information.

About Alpine Quantitative Management

Founded in December 2017, Denver-based Alpine’s mission is to achieve returns correlated to the S&P 500 while reducing volatility. Led by Chad Glauser, the firm takes a straightforward and conservative approach to its investment strategy.

Media Contact:

Ria Romano, Partner

RPR Public Relations, Inc.

Tel. 786-290-6413

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Innovative Micro Technology Announces New Leadership


Eric Sigler, Chief Executive Officer of IMT

“I am honored to assume leadership of IMT and am resolved to realize its potentialhelping customers successfully deliver their solutions for cell therapy, optical communications, autonomous vehicles, DNA sequencing, IoT sensing and many other important fields.” Eric Sigler, Chief Executive Officer

Innovative Micro Technology (IMT), one of North America’s leading microelectromechanical systems (MEMS) technology companies, announces that Eric Sigler has been promoted to Chief Executive Officer. Additionally, Johan Denecke, who previously led manufacturing and quality at Illumina and Thermo Fisher, has joined IMT as its new Senior Vice President of Operations. This completes the company’s rapid transformation initiative, which was launched with Cerium Technology’s lead investment in late 2018.

Eric Sigler joined IMT in late 2018 as senior vice president of strategy and business development. In addition to his deep knowledge of the MEMS industry, he has worked in strategy, product management, M&A and venture capital for over 20 years. He was previously VP of corporate development, production management, and business development with Tessera Technologies. Eric was also a partner with Scale Venture Partners, where he led semiconductor investments. He started his career as a strategy consultant with Mercer Management Consulting. He holds a bachelor of business administration degree from the University of Massachusetts, Amherst and an MBA from the Haas School of Business at the University of California, Berkeley.

“We are thrilled to have Eric serve as IMT’s new chief executive officer,” said Eldon Klaassen, chairman of the board. “He has an incredible passion for the promise of MEMS to empower the future and a clear vision to make IMT one of the world’s premier MEMS technology companies.”

“As a venture investor in IMT in the 2000s, I always felt the company had amazing potential to help solve the great problems of our time,” said Eric. “I am honored to assume leadership of IMT and am resolved to realize its potential helping our customers successfully deliver their solutions for cell therapy, optical communications, autonomous vehicles, DNA sequencing, IoT sensing and many other important fields.”

Johan Denecke also joins IMT as its new senior vice president of operations, where he now leads the quality, manufacturing, supply chain, and operations departments. He comes to IMT from leading biotech company Illumina, where he was vice president of life cycle management and vice president of manufacturing. Prior to Illumina, he managed 300+ quality professionals as the VP of quality assurance of Thermo Fisher’s Life Sciences Division. Johan began his career at Allied Signal and Lockheed Martin driving lean manufacturing and Six Sigma transformations. Over the years, he has applied best-in-class operational practices as a consultant, most recently in the life science industry. He holds bachelor’s and master’s degrees in aerospace engineering from the Massachusetts Institute of Technology. He is a certified lean production expert and a Six Sigma master black belt.

Eric regards Johan as a key player in taking IMT to the next level: “He brings a diversity of experience in both the biomedical and advanced engineering fields. We are thrilled to leverage his decades of success leading and scaling manufacturing teams in both high growth and regulated industries.”

“I have a deep passion and experience creating life-changing technologies in aerospace, automotive and the life sciences. IMT has an incredible future providing cutting-edge solutions for a similarly diverse set of applications and in industries that are rapidly growing,” said Johan. “I am energized by the opportunity to apply lean and Six Sigma to transform our operations and deliver world-class capabilities to our customers.”

Rounding out the transformation of IMT’s new leadership team is the promotion of Brian Maertz to lead IMT’s development team as vice president of engineering. Maertz began at IMT in 2018 as a technical program manager. Before joining IMT, he was the principal process engineer at Freedom Photonics, where he improved the processes and performance of photonic devices including lasers, photonic integrated circuits and high-speed photodiodes. He began his career at Intel as an integral member of the eNVM MRAM development team, a technology for which he holds eight patents. He also worked on a transistor technology node, from early development through product launch. He has a PhD in physics from the University of California at Santa Barbara, and a bachelor of science in physics from the University of California at San Diego.

About IMT

Innovative Micro Technology, Inc. (IMT) designs and manufactures microelectromechanical systems (MEMS) and wafer-level optics for sensing, communications and biomedical applications. The company partners with innovative customers to solve challenging technical problems and deliver breakthrough MEMS-based solutions. IMT is the largest MEMS foundry in the US, serving customers from its 30,000 square-foot class-100 wafer fabrication facility in Santa Barbara, supported by a dedicated staff of over 110 MEMS experts. IMT’s extensive experience spans the full spectrum of MEMS, including optical benches, sensors, mirrors, relays and RF switches, and microfluidic biochips. Visit http://www.imtmems.com.

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