Faro Technologies announced that Michael Burger has informed the company that he intends to retire as president & CEO and such retirement will be effective July 1. The board of directors has appointed Yuval Wasserman, its current chairman of the board as Executive Chairman effective May 4th, and as Chairman and Interim CEO, effective July 1. Burger will remain as a strategic advisor to the company and to Wasserman, to assist in the transition. Yuval Wasserman was previously President CEO of Advanced Energy Industries from 2014 to 2021.
Published first on TheFly
See today’s best-performing stocks on TipRanks >>
Read More on FARO:
