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  People  Carlo Gavazzi Computing Solutions Announces New CEO
People

Carlo Gavazzi Computing Solutions Announces New CEO

Carlo Gavazzi Computing SolutionsCarlo Gavazzi Computing Solutions—May 3, 20050
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BROCKTON, MA, May 3, 2005 – Carlo Gavazzi Computing Solutions is pleased to announce that Mads Lillelund joined the company as Chief Executive Officer on April 19, 2005. Mr. Lillelund brings to Carlo Gavazzi over 14 years of senior management and executive experience in the telecom infrastructure sector. Most recently Mr. Lillelund served as Executive Vice President of World Wide Sales and Services at Enterasys Networks, a leader in the enterprise data networking market in Andover, MA. In this role, Mr. Lillelund was responsible for generating over $400M in annual revenues.

From 1991 to 2001 Mr. Lillelund held many key executive roles at Lucent Technologies in Belgium, Ireland, and the United States. Mr. Lillelund was Managing Director of Europe, the Middle East, and Africa for the Global Commercial Markets Division where he established the European headquarters in Dublin, Ireland and managed sales and operations in 22 countries. Among his achievements at Lucent, the telecom leader that spun out of AT&T, Mr. Lillelund built one of the most profitable businesses in the region and pioneered market development and sales in Russia and Eastern Europe. Mr. Lillelund earned an MBA degree from the American Graduate School of International Management, Thunderbird Campus in Arizona and a B.S. degree in business from Baylor University in Texas.

“We welcome Mads Lillelund to our executive team and feel that he has the strengths needed to successfully lead the Computing Solutions business unit based in the United States. His management skills and strong customer focus will help the company design and manufacture innovative products and build strong customer relationships to grow market share,” says Werner S. Welti, Chairman of the Board at Carlo Gavazzi Holding AG in Steinhausen, Switzerland, the parent company of Carlo Gavazzi Computing Solutions.

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“I am excited to build on Carlo Gavazzi’s loyal customer base and strong product offerings,” says Mads Lillelund. “The company’s solid track record within the Telecom and Government sectors will help us expand into the Industrial and Medical markets. I look forward to the challenge of leading Carlo Gavazzi Computing Solutions during this period of growth.”

About Carlo Gavazzi Computing Solutions

Carlo Gavazzi Computing Solutions designs and manufactures standard and custom AdvancedTCA, CompactPCI, PCI/ISA, and VME backplanes, chassis, cabinets, and voice, data, and fabric boards. In addition, Carlo Gavazzi’s experienced teams of design and engineering professionals work closely with customers to provide integrated system designs that meet specific application needs. Carlo Gavazzi’s vertically integrated manufacturing capabilities are supported by in-house sheet metal fabrication, PCB fabrication, and design verification test facilities. With design and manufacturing facilities in Massachusetts and Nevada since 1980, Carlo Gavazzi is well positioned to offer innovative engineering, best-in-class support, and high quality and dependable integrated electronic systems products and solutions for Industrial, Medical, Military, and Telecom markets.

For more information, please visit the Carlo Gavazzi Computing Solutions website at: www.gavazzi-computing.com [email protected]

About Carlo Gavazzi

Carlo Gavazzi is a diversified, internationally active electronics group designing, manufacturing, and marketing electronic equipment targeted at the global markets of industrial automation and information processing. Carlo Gavazzi is a world leader with manufacturing facilities in Denmark, Italy, Lithuania, Malta, and the United States, and conducts business activities in Asia Pacific, Europe, the Middle East, and North America.

Under the umbrella of a publicly quoted holding company, headquartered in Switzerland, Carlo Gavazzi is organized in two business units: Automation Components and Computing Solutions. For more information about Carlo Gavazzi Holding, please visit www.carlogavazzi.com. ###

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