Robert Mamazza Named Vice President and Chief Operating Officer
The LGL Group, Inc. (NYSE MKT:LGL) (the “Company”) today announced the
appointment of Robert Mamazza, Ph.D., as the Company’s Vice President
and Chief Operating Officer.
The LGL Group is the parent company of MtronPTI, a leader in precision
frequency control and custom RF/microwave solutions for defense,
aerospace, telecommunications and industrial markets
Dr. Mamazza has a broad background in product design, engineering
management, R&D, and business development in defense, commercial and
consumer markets. His most recent assignment was Chief Technology
Officer of Evatec Advanced Technologies AG (“Evatec”), located in
Switzerland. Prior to that, Dr. Mamazza held various positions within
Oerlikon Advanced Technologies (formerly part of the Oerlikon Group),
which was acquired by Evatec, including Chief Technology Officer, Head
of Research and Development, and Head of Engineering. Dr. Mamazza
attended the University of South Florida where he received his PhD in
Engineering Science in Electrical Engineering. He also studied emerging
markets and finance at the Universität St. Gallen, Switzerland and the
Oxford Saïd Business School, England, respectively. Dr. Mamazza also
served in the United States Marine Corps (“USMC”) and USMC Reserve.
Michael J. Ferrantino, Sr., President and Chief Executive Officer said,
“We are delighted to have Rob as part of our senior management team. As
we continue to move the Company forward as a provider of market driven
RF and microwave technology solutions, Rob’s skills in attracting
quality talent and managing large engineering groups will enhance our
ability to grow the business. In addition, his international experience
will help us better understand what it takes to participate on a
world-wide basis.”
The Company’s Chairman of the Board, Marc Gabelli, added “I believe
Rob’s strong engineering background and operational experience will help
accelerate the Company’s improvement and drive value creation for our
stockholders.”
Dr. Mamazza will be based at MtronPTI’s headquarters in Orlando, Florida.
About The LGL Group, Inc.
The LGL Group, Inc., through its wholly-owned subsidiary MtronPTI,
manufactures and markets highly-engineered electronic components used to
control the frequency or timing of signals in electronic circuits. These
components ensure reliability and security in aerospace and defense
communications, synchronize data transfers throughout the wireless and
internet infrastructure, and provide low noise and base accuracy for lab
instruments.
Headquartered in Orlando, Florida, the Company has additional design and
manufacturing facilities in Yankton, South Dakota and Noida, India, with
local sales offices in Sacramento, California and Hong Kong.
For more information on the Company and its products and services,
contact Patti Smith at The LGL Group, Inc., 2525 Shader Rd., Orlando,
Florida 32804, (407) 298-2000, or visit www.lglgroup.com
and www.mtronpti.com.
Caution Concerning Forward Looking Statements
This press release may contain forward-looking statements made in
reliance upon the safe harbor provisions of Section 27A of the
Securities Act of 1933, as amended, and Section 21 E of the Securities
Exchange Act of 1934, as amended. Forward-looking statements include all
statements that do not relate solely to historical or current facts, and
can be identified by the use of words such as “may,” “will,” “expect,”
“project,” “estimate,” “anticipate,” “plan,” “believe,” “potential,”
“should,” “continue” or the negative versions of those words or other
comparable words. These forward-looking statements are not guarantees of
future actions or performance. These forward-looking statements are
based on information currently available to us and our current plans or
expectations, and are subject to a number of uncertainties and risks
that could significantly affect current plans, anticipated actions and
our future financial condition and results. Certain of these risks and
uncertainties are described in greater detail in our filings with the
Securities and Exchange Commission. We are under no obligation to (and
expressly disclaim any such obligation to) update or alter our
forward-looking statements, whether as a result of new information,
future events or otherwise.
![](http://cts.businesswire.com/ct/CT?id=bwnews&sty=20151124006009r1&sid=ntxv4&distro=nx&lang=en)
View source version on businesswire.com: http://www.businesswire.com/news/home/20151124006009/en/
Copyright Business Wire 2015