Raytheon Co. announced that its Board of Directors has elected Dr. Thomas A. Kennedy, age 58, to serve as the chief executive officer of Raytheon Co., effective March 31, 2014. Dr. Kennedy will succeed William H. Swanson, who has served as the CEO of Raytheon Co.since 2003, and who advised the board of his intention to step down from his position as CEO in March, following his 65th birthday next month.
Marking a further milestone during a period of dynamic growth, Microlease, the leading global test equipment management organization, has announced the appointment of Michael E. Clark as its new chief executive officer for the Americas.
Altium Ltd., a global leader in Smart System Design Automation, 3D PCB design (Altium Designer) and embedded software development (TASKING) announces the promotion of Martin Harris to chief sales officer (CSO).
The International M2M Council (IMC) announced the election of its first slate of officers. The new association aims to bring together all segments of the global machine-to-machine (M2M) industry, including automotive telematics, transportation, remote asset management, healthcare, supply chain logistics, smart utilities and location-based services.
Pasternack Enterprises Inc., an industry leading manufacturer and global supplier of RF and microwave components, announces Terry G. Jarnigan has been named chief executive officer and member of Pasternack’s board of directors, where he will be responsible for the company’s overall strategy and management. Jarnigan joined Pasternack in 2010 as vice president of business development and most recently held the title of president.
Crane Co., a diversified manufacturer of highly engineered industrial products,announced that Eric C. Fast, chief executive officer, will retire from Crane Co. in January 2014. Fast joined Crane in 1999 as president and chief operating officer and was promoted to chief executive officer in January 2001. He will be succeeded by Max H. Mitchell, currently president and chief operating officer.
The board of directors of Hittite Microwave Corp. announced Stephen G. Daly plans to step down as the company's chairman, president and chief executive officer at the end of the month. The board named Rick D. Hess as the company's next president and chief executive officer. The board also announced Franklin Weigold was named non-executive chairman of the board.
API Technologies Corp. announced the promotion of Bel Lazar to the position of president and chief executive officer of API Technologies Corp., effective August 1, 2012. Brian Kahn, who previously held the positions of chairman and chief executive officer, will continue to serve as chairman of the board. Bel Lazar joined API on February 28, 2011 as president and chief operating officer.
Laird Technologies, Inc., a global technology company focused on providing components and solutions that protect electronic devices from electromagnetic interference and heat and that enable connectivity through wireless applications and antenna systems announced the appointment of David Lockwood OBE as its chief executive officer.
Rogers Corp. announced the appointment of Helen Zhang as President of Asia Region to oversee the company’s growing business in Greater China and throughout the Asia-Pacific region. Zhang will be responsible for driving Rogers’ growth strategy in Asia across the company’s three core businesses of printed circuit materials, power electronics solutions and high performance foams.