CRAWLEY, WEST SUSSEX, United Kingdom, Feb. 26, 2013 (GLOBE NEWSWIRE) -- Edwards Group Limited (Nasdaq:EVAC) today announced that long-term Board member Jim Gentilcore has been named Chief Executive Officer, effective March 1, 2013. He succeeds Matthew Taylor, who has resigned by mutual agreement with Edwards' Board of Directors.
A respected industry veteran, Mr. Gentilcore, 60, has three decades of experience growing technology companies and has served as an independent member of the Edwards Board of Directors since 2007. He has held numerous senior executive positions in the technology industry throughout his career, including most recently serving as Chief Executive Officer of EPAC Technologies Inc., a leader in logistics solutions for technology companies, from 2009 to 2011. Prior to that, he was Chief Executive Officer of vacuum technology company Helix Technology Corporation where in 2005 he led the company's strategic merger with Brooks Automation Inc. and subsequently served as Chief Operating Officer of the combined company. Mr. Gentilcore will remain a Director of Edwards.
Nick Rose, Chairman of the Board, said,"Jim Gentilcore is a seasoned leader with deep knowledge of Edwards, our strategy and our industry -- and we are pleased that he is prepared to step in at this juncture in the Company's development. Jim's insights from a successful career operating a range of technology companies, coupled with his experience as a member of our Board, equip him extremely well to drive Edwards' strategic initiatives and growth plans."Mr. Rose continued, "As our results announcement demonstrates, Edwards is performing well and has many opportunities ahead that require disciplined execution of our plan. The Board is grateful to Matthew Taylor for all of his good work in bringing the Company to its current position of strength. We wish him well in his future endeavors." Mr. Gentilcore said,"It has been a privilege to serve as a member of Edwards' Board for the last six years, and I look forward to an expanded role in the period ahead. As our results announced today attest, Edwards continues to deliver solid financial performance driven by our ability to offer cutting-edge technologies and products to meet the needs of our global customers. I will work closely with the Company's talented management team and employees to ensure that Edwards builds on its leadership position, broad range of differentiated products and outstanding customer service to succeed in our dynamic marketplace in the years ahead."