Elgar Corporation Appoints New CFO.Business Editors SAN DIEGO--(BUSINESS WIRE)--Sept. 17, 2002 Elgar Electronics Corporation, a leading global supplier of programmable power supplies, today announced the appointment of John P. Mei as Vice President Finance and CFO See Chief Financial Officer. . "John has a great track record helping technology businesses grow profitably," said Joe Budano, Elgar's President & 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. . Elgar will benefit greatly from John's public accounting and broad manufacturing experience as we improve our systems and grow our business. Most recently Mr. Mei was Group Controller for Acterna's $150M Multi Media Group. Prior to Acterna, he was Finance Manager for GE's $160M Industrial Systems Group. Mr. Mei began his career in public accounting with Coopers and Lybrand's audit practice. Mr. Mei is a CPA (Computer Press Association, Landing, NJ) An earlier membership organization founded in 1983 that promoted excellence in computer journalism. Its annual awards honored outstanding examples in print, broadcast and electronic media. The CPA disbanded in 2000. and holds a BS as well as a Masters Degree in Accounting from University of Massachusetts The system includes UMass Amherst, UMass Boston, UMass Dartmouth (affiliated with Cape Cod Community College), UMass Lowell, and the UMass Medical School. It also has an online school called UMassOnline. . About Elgar Corporation Elgar Electronics, located in San Diego San Diego (săn dēā`gō), city (1990 pop. 1,110,549), seat of San Diego co., S Calif., on San Diego Bay; inc. 1850. San Diego includes the unincorporated communities of La Jolla and Spring Valley. Coronado is across the bay. , is a leading global supplier of programmable power supplies and related power products sold under the Elgar, Sorensen and Power Ten Brands. Elgar is the world's 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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