Energy, Utilities & Water  February 8, 2016

Advanced Energy chairman Hudgens retires

FORT COLLINS —Advanced Energy Industries Inc. on Monday announced that Terry Hudgens, chairman of the Fort Collins-based company, has decided to retire and not stand for re-election to the board.

The board has appointed Grant Beard as the new chairman of the board. Beard has been a director of the company since 2014 and is the chairman of the board’s nominating and governance committee.

“On behalf of the entire company, we extend our sincere appreciation to Terry for his leadership, dedication and contributions as chairman and board member at Advanced Energy, and we wish him well in his retirement,” Yuval Wasserman, president, chief executive and director, said in a prepared statement. “We look forward to Grant’s leadership as the board chairman, and believe his extensive background in the industrial markets will continue to provide us with keen insights as we execute our strategy.”

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Advanced Energy develops power and control technologies for the manufacture of semiconductors, flat-panel displays, data-storage products, solar cells and architectural glass.

FORT COLLINS —Advanced Energy Industries Inc. on Monday announced that Terry Hudgens, chairman of the Fort Collins-based company, has decided to retire and not stand for re-election to the board.

The board has appointed Grant Beard as the new chairman of the board. Beard has been a director of the company since 2014 and is the chairman of the board’s nominating and governance committee.

“On behalf of the entire company, we extend our sincere appreciation to Terry for his leadership, dedication and contributions as chairman and board member at Advanced Energy, and we wish him well in his retirement,” Yuval Wasserman, president,…

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