Advanced Energy CEO to retire
DENVER and FORT COLLINS — Yuval Wasserman will retire from his post as CEO of power controls maker Advanced Energy Industries Inc. (Nasdaq: AEIS) at the end of the month after 14 years with the company.
In a statement accompanying its quarterly earnings, the company said it will hire Steve Kelley as its new CEO and board member starting March 1. Kelley was most recently CEO of semiconductor product developer Amkor Technology Inc. (Nasdaq: AMKR) from 2013 to last June.
In a call with analysts…
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