ADE Corporation Announces Resignation of Mark Shooman, Names Interim CFO.WESTWOOD, Mass.--(BUSINESS WIRE)--Aug. 27, 1999-- ADE Corporation (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :ADEX ADEX Athens Derivatives Exchange (Athens, Greece) ADEX Air Defense Exercise ADEX Advertisement Expenditure ADEX Asociaciã³n de Exportadores (Peru) ) announced today that Mark D. Shooman will be resigning as vice president, treasurer and chief financial officer of the Company to pursue a new opportunity outside the semiconductor industry. ADE also announced that former ADE CFO See Chief Financial Officer. and Treasurer Charles Stamos will return from retirement to the Company in a consulting capacity during the transition. The Company has retained an executive search firm to assist in hiring a permanent CFO. "We want to thank Mark for his years of service and dedication to the Company and wish him the best in his new venture," stated ADE President and Chief Executive Officer Robert Abbe Robert Abbe (1851 - 1928), was an American surgeon and pioneer radiologist in New York City. He was born April 13, 1851, at New York City and educated at the College of the City of New York (S.B., 1871) and Columbia University (M.D., 1874). . "We are fortunate, however, to have Charles return to the Company in the interim. His extensive industry knowledge and 21 years of experience at ADE will be important resources for the Company as we seek a permanent replacement." From 1974 to 1995, Mr. Stamos served ADE in a number of positions including CFO and treasurer and Vice President of Sales, Marketing and Customer Support. He also has extensive experience with Sheraton Corporation, Damon Corporation and Infrared Industries prior to joining ADE. Mr. Stamos holds a BS degree in accounting from Boston College Boston College, main campus at Chestnut Hill, Mass.; coeducational; Jesuit; est. and opened 1863. Actually a university, the school's Chestnut Hill campus comprises colleges of arts and sciences and business administration, the graduate school, and schools of nursing . ADE Corporation is a leading supplier of metrology and inspection systems for the silicon wafer and computer disk manufacturing industries. The Company's systems analyze and report product quality at critical manufacturing process steps and provide quality certification data that is relied upon by semiconductor and computer disk manufacturers. The Company's systems also are used in the fabrication fabrication (fab´rikā´sh  n),n the construction or making of a restoration. of integrated circuits. |
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