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Edwards Group Limited Announces Departure Of COO

Stocks in this article: EVAC

CRAWLEY, WEST SUSSEX, United Kingdom, Oct. 17, 2012 (GLOBE NEWSWIRE) -- Edwards Group Limited (Nasdaq:EVAC) ("Edwards") announces that Ron Krisanda, Chief Operating Officer will leave Edwards at the end of November.

Ron Krisanda joined Edwards in 2009 and is a member of the executive management team. Ron was integral to the restructuring programme which saw the build-out of substantial facilities in South Korea and The Czech Republic, providing Edwards with a world class manufacturing capability. This project has now been completed and Ron has therefore decided to pursue alternative opportunities.   Ron also oversaw a number of growth initiatives across the business and was instrumental in preparing the technology team and platform for future growth.

Matthew Taylor, Chief Executive Officer, said "I would like to thank Ron for his significant contribution to the business during nearly four years with Edwards. He leaves us well prepared for future growth both in terms of our technology position and operational capability.   We wish him all the very best as he pursues other interests."

Sia Abbaszadeh will assume responsibility for the technology team as Chief Technology and Marketing Officer, while Matthew Taylor will oversee Ron's other responsibilities on an interim basis.  Edwards expects to make further announcements regarding operational management appointments in due course.

About Edwards

Edwards is a leading manufacturer of sophisticated vacuum products and abatement systems and a leading provider of related value-added services for the manufacture of semiconductors, flat panel displays, LEDs and solar cells and a leader in vacuum technology for industrial, pharmaceutical, chemical, scientific, process, glass coating and food packaging industries as well as a wide range of R&D applications. 

Edwards has over 3,300 full-time employees and over 600 temporary workers operating in approximately 30 countries worldwide engaged in the design, manufacture and support of high technology vacuum and exhaust management equipment. 

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