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Plexus Promotes Two Executives

Ehlers gets the nod over in engineering.

Plexus

(PLXS) - Get Free Report

, a provider of product realization services, said Monday it promoted Paul L. Ehlers as executive vice president and COO and Michael T. Verstegen as senior vice president, global market development.

Paul L. Ehlers will lead the company's engineering business unit, the Neenah, Wis.-based company said.

Michael T. Verstegen is responsible for the company's market sector-based business development function, it added.

"I'm pleased to announce the promotions of these very capable and experienced Plexus veterans. This change in Plexus' corporate structure will improve the organizational alignment and effectiveness of our business units and our innovative, market-sector based approach to business development," the company said.

The shares of company were trading 85 cents, or 3.35%, at $24.55 Monday.

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