Elgar Corp. Appoints New CEO.Business Editors & High-Tech Writers SAN DIEGO--(BUSINESS WIRE)--Aug. 22, 2002 Elgar Electronics Corp., the world leader in programmable power supplies, today announced the appointment of Joseph A. Budano as president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. . Kenneth Kilpatrick, who has led the company since 1991, will be assuming the position of vice chairman of the Board. "Joe brings a terrific combination of strategic thinking and operational management skills that will accelerate our growth in the coming years," said Ken Kilpatrick, Elgar's new vice chairman of the Board. "Joe's got a great track record of creating sustained growth through customer driven product innovation. This is good news to our customers and our industry." Prior to joining Elgar Budano spent seven years at Acterna, a leading global supplier of communications test instruments and systems. Most recently Budano was group president of Acterna's Multi-Media Group. Previously he ran Wavetek's Cable Networks, Digital Broadcast, Data Networks and LAN (Local Area Network) A communications network that serves users within a confined geographical area. The "clients" are the user's workstations typically running Windows, although Mac and Linux clients are also used. divisions as vice president North American operations North American operation Surgical oncology Radical surgery of a 'frozen pelvis', consisting of radical en bloc resection of the uterus and urinary bladder. See 'Frozen pelvis.'. Cf 'All-American' and 'South American' operations. . Before joining Wavetek, Budano was a management consultant for the Boston Consulting Group and held several engineering and management positions. Budano holds an MBA MBA abbr. Master of Business Administration Noun 1. MBA - a master's degree in business Master in Business, Master in Business Administration from Northwestern University Northwestern University, mainly at Evanston, Ill.; coeducational; chartered 1851, opened 1855 by Methodists. In 1873 it absorbed Evanston College for Ladies. , Chicago and a BSME BSME Bachelor of Science in Mechanical Engineering BSME British Schools of the Middle East (UK) BSME Business Systems Modernization Executive BSME Breeder Reactor Structural Materials (Irradiation) Experiment from Boston University. He will be based at the company's headquarters in San Diego. About Elgar Elgar, located in San Diego, is the worlds leading provider of programmable power supplies and related power products sold under the Elgar, Sorensen and Power Ten brands. The company's technology plays a key role in industries such as automotive, aerospace, medical, telecom, semiconductor, defense and OEM (Original Equipment Manufacturer) The rebranding of equipment and selling it. The term initially referred to the company that made the products (the "original" manufacturer), but eventually became widely used to refer to the organization that buys the products and applications. Elgar's comprehensive product range includes AC power sources, programmable DC power systems and loads, solar array simulators, and integrated rack power subsystem services. For more information on Elgar and its power products, visit Elgar at www.elgar.com, e-mail an Elgar applications engineer at sales@elgar.com, or call 800/733-5427. |
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