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Cobham announced that Chief Executive Officer Andy Stevens had decided to take early retirement due to the recurrence of a long term serious back injury. The Chairman, John Devaney, assumed the position of executive chairman while a search for Andy’s successor was conducted. Cobham plc (‘Cobham’ or the ‘Group’) is pleased to announce the successful completion of that process with the appointment of Robert (Bob) Murphy as Chief Executive Officer of Cobham with effect from 25 June 2012.
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.
Endicott Interconnect Technologies Inc. (EI) announced the promotion of Rajinder Rai to the position of chief technology officer (CTO) reporting to James J. McNamara Jr., president and CEO. In his new position, Raj will be responsible for monitoring new technologies, overseeing the selection of research projects, generating a technology road-map and ensuring its progress and assessing the potential of new product introduction.
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.
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.
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