Visit us often and stay informed of important industry developments and events. Contact us today if you would like details regarding any of our posted events.
Ellison Names New CEO and CFO
Elllison Technologies announces its upcoming management transition...
Santa Fe Springs, CA, September 9, 2008 – Ellison Technologies today announced as part of it’s long term plan for management continuity, effective April 1, 2009, Tim Kilty will become the Chief Executive Officer of Ellison Technologies; replacing Jim Ellison who will continue to serve in an advisory capacity. And at the same time, Ed Bunyea will become the Vice President of Finance replacing Chuck Cusumano who will also serve in an advisory capacity. Both Jim Ellison and Chuck Cusumano will remain as members on the Board of Directors.
“Although no one can replace Jim, he has prepared me well for my new assignment. We have great partners in Mori Seiki & Fanuc Robotics and I look forward to our expanding relationship,” stated Tim Kilty, who has served as COO of Ellison Technologies and Chairman over the Executive Committee for the past five years. Kilty began his career with Ellison Technologies in 1984 as President of the Midwest operations and has over 38 years of machine tool sales and management experience.
Ed Bunyea, who joined Ellison Technologies in 2002, has served as Ellison Technologies Corporate Controller for their Midwest Region and National Business Group. Prior to joining Ellison, Bunyea has 30 years of financial experience working for both private and publicly held corporations.
“Tim Kilty has long since won the respect of industry peers, customers and suppliers. He has earned the loyalty and confidence of those he will ably lead as our new CEO. I am proud and confident of the future that Tim will achieve. It will be my pleasure to serve Tim and his management team as they move forward,” said Jim Ellison, founder and CEO of Ellison Technologies.
Ellison Technologies’ vision for the company remains unchanged; work to save U.S factories and jobs by integrating advanced manufacturing technologies to American manufacturers that will reduce costs and increase throughput. Ellison Technologies’ success is based on its service to their customers. Increased market share and high customer satisfaction have been achieved with expectations for continued growth.
###
|