MIDDLEFIELD, Conn., Feb. 4, 2013 (GLOBE NEWSWIRE) -- Zygo Corporation (Nasdaq:ZIGO) today announced that it has hired Mr. Tony Allan as the Company's Senior Vice President of Worldwide Operations, reporting directly to the President and Chief Executive Officer, Dr. Chris Koliopoulos. Mr. Allan will succeed Doug Eccleston, who will retire after a short transition period.
Most recently, Mr. Allan served as Chief Operating Officer of Masimo Corporation, a publicly traded medical technology company that develops, manufactures, and markets non-invasive patient monitoring products worldwide. Prior to joining Masimo, Mr. Allan had been Vice President - Global Business Units, Instrumentation and Medical Sector, with Jabil Inc., an electronics design, manufacturing and product solutions company. Mr. Allan holds a Post Graduate Diploma in Quality Engineering from the University of Paisley and a H.N.D. in Engineering from Glasgow College.
Commenting on the appointment, Dr. Koliopoulos stated, "With his breadth of experience and background running complex global manufacturing operations, Tony brings further bench strength to the Zygo Leadership Team as Senior Vice President of Worldwide Operations. I look forward to working with Tony in this role, as the Company continues to mature in size and global reach. Tony will be instrumental in helping the Company to continue to build on its strategies and best practices to capitalize on the many opportunities that lay ahead, taking the company to the next level."Dr. Koliopoulos added, "I and all at Zygo congratulate Doug Eccleston on his distinguished career and wish him a long productive retirement. We appreciate his fellowship, mentoring and influence on the Zygo culture. His leadership has been integral in driving lean processes and the improvements in Zygo operations and gross margins." Mr. Allan commented, "I am very excited about joining Zygo and look forward to working with Chris and the Company's dedicated employees, as well as continuing to focus on growth initiatives, advanced optical technology, customer satisfaction, shareholder interests, and optimizing Zygo for peak performance."
Select the service that is right for you!COMPARE ALL SERVICES
Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.
- Real Money + Doug Kass Plus 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV