Symbol Names Kenneth Jaeggi Chief Financial Officer; Has 25 Years of Experience in Technology Companies.HOLTSVILLE, N.Y.--(BUSINESS WIRE)--April 28, 1997--Symbol Technologies, Inc. (NYSE NYSE See: New York Stock Exchange : SBL SBL Society of Biblical Literature SBL Symbol Technologies, Inc. (NYSE symbol) SBL Spamhaus Block List SBL Space-Based Laser SBL Securities Borrowing and Lending SBL Supreme Beings of Leisure (band) ), today announced the appointment of Kenneth V. Jaeggi as Senior Vice President and Chief Financial Officer. Jaeggi, 51, has been chief financial officer for two Fortune 500 technology companies, Data General and Scientific-Atlanta. Most recently, Jaeggi was a member of the four-person Office of the Chairman and head of the Operating Committee of Electromagnetic Sciences, Inc. (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 : ELMG ELMG EMS Technologies, Inc (stock symbol) ELMG Electromagnetic Sciences, Inc ELMG Engine Life Management Group ), a diversified Georgia technology company. He replaces Thomas G. Amato, who has resigned to accept a position with another company. "We are delighted to have an executive of Ken Jaeggi's caliber join our company," said Dr. Jerome Swartz, Symbol Chairman and Chief Executive Officer. "Ken has 25 years of financial and operating experience at high-technology companies that will help Symbol move to the next level of growth. At the same time, we want to thank Tom Amato, who has made a real contribution to Symbol during his seven-year tenure, and we wish him well." "Ken Jaeggi is a strong leader who will play a key role on our management team," said Tomo Razmilovic Tomo Razmilovic (born 31 May 1942) is a Croatian businessman. He is the former chief executive officer of Long Island, New York-based Symbol Technologies. Currently, the United States Government considers him a fugitive, with the United States Postal Inspection Service offering a , Symbol President and Chief Operating Officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. . "His wide-ranging financial and systems experience in technology businesses will provide positive momentum as Symbol heads toward $1 billion in annual sales, develops new products and systems and moves into new markets worldwide." Before joining Electromagnetic Sciences, Jaeggi was Senior Vice President and Chief Financial Officer at Scientific-Atlanta, Inc. from 1992 to 1994. From 1988 to 1992, he was President and Chief Executive Officer of Imagraph Corporation, a maker of hardware and software for application-specific workstations. He was Vice President and Chief Financial Officer for Data General Corporation from 1980 to 1987. Prior to that, he served as Vice President and Controller for Zenith Electronics Zenith Electronics Corporation is an American manufacturer of televisions headquartered in Lincolnshire, Illinois. It was the inventor of the modern remote control, and it introduced HDTV in North America. Corporation from 1971 to 1980. A native of Long Island, Jaeggi received a B.S. degree 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. and an M.B.A. from the University of Chicago. Symbol Technologies is the world leader in bar code-driven data transaction systems with more than 5 million scanners and hand-held computers installed. The company designs, manufactures and markets bar code scanning equipment, application-specific hand-held computers and radio frequency data communications products and systems that are the strategic building blocks for retailing, package and parcel delivery, warehousing and distribution, manufacturing and other industries. CONTACT: For Media Information: Jack Powell, Jr. 516.738.4191 or For Financial Information: Michael Archambault 516.738.4632 |
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