AMHERST, N.Y.–(BUSINESS WIRE)–Allied Motion Technologies Inc. (Nasdaq: AMOT), a designer and manufacturer of precision and specialty controlled motion products and solutions for the global market, announced Board of Director changes, effective with today’s Annual Meeting of Shareholders.
Linda P. Duch and Gerald J. (Bud) Laber retired from their positions as directors and did not stand for re-election to the Board after each of their current terms expired.
Dick Warzala, Chairman and CEO, commented,” We are most appreciative of the strong leadership skills, broad industrial experience, and strategic insights that Linda and Bud brought to the Board of Allied. Their contributions will have a lasting impact on us for years to come. We are deeply appreciative of their service to our Board and Company and we wish them well.”
Nicole R. Tzetzo and Steven C. Finch were elected to Allied’s Board. Both new Directors are considered independent.
Mr. Warzala added, “We are pleased to welcome Nicole and Steven to the Allied team. Their varied skills and experience are complementary to those of the existing Board members and we anticipate that their insights will prove invaluable as we navigate these unusual times in the near term and drive toward our strategic goals in the long term. We are confident that the significant business and legal experience offered by Nicole and Steven’s expansive and diverse experience in manufacturing, customer relations, and labor relations will be instrumental in guiding Allied as we continue to execute our One Allied strategy.”
Ms. Tzetzo currently serves as Chief Operating Officer of Tzetzo Companies LLC, a residential and commercial real estate company. From 2016 to 2018 she served as Vice President of Finance and Administration at the Ralph C. Wilson, Jr. Foundation where she was responsible for all of the Foundation’s legal and financial operations. As a Partner at Hodgson Russ, LLP and Jaeckle Fleischmann & Mugel, LLP, she represented numerous for-profit and not-for-profit clients on general tax and business matters. She currently is and has been involved with numerous private and non-profit boards.
Mr. Finch is the former Plant Manager of the General Motors (“GM”) Tonawanda Engine Plant, one of Western New York’s largest manufacturers. He began his 41-year career with GM in 1976 and held several assignments with increasing responsibility at various GM facilities outside Buffalo before becoming Tonawanda Engine Plant Manager in 2007. Following his 2017 retirement from GM,
Mr. Finch joined the Automobile Association of America Western and Central New York as Senior Vice President of Automotive Services. He is currently an independent director at National Fuel Gas Company (NYSE: NFG), where he serves on the Audit Committee and Nominating/Corporate Governance Committee.
About Allied Motion Technologies Inc.
Allied Motion (Nasdaq: AMOT) designs, manufactures and sells precision and specialty controlled motion products and solutions used in a broad range of industries within our major served markets, which include Vehicle, Medical, Aerospace & Defense, and Industrial. Headquartered in Amherst, NY, the Company has global operations and sells into markets across the United States, Canada, South America, Europe and Asia-Pacific.
Allied Motion is focused on controlled motion applications and is known worldwide for its expertise in electro-magnetic, mechanical and electronic motion technology. Its products include brush and brushless DC motors, brushless servo and torque motors, coreless DC motors, integrated brushless motor-drives, gear motors, gearing, modular digital servo drives, motion controllers, incremental and absolute optical encoders, active (electronic) and passive (magnetic) filters for power quality and harmonic issues, and other controlled motion-related products.
The Company’s growth strategy is focused on being the controlled motion solutions leader in its selected target markets by leveraging its “technology/know how” to develop integrated precision solutions that utilize multiple Allied Motion technologies to “change the game” and create higher value solutions for its customers. The Company routinely posts news and other important information on its website at www.alliedmotion.com.
