HILLSBORO, Ore., July 24 /PRNewswire-FirstCall/ -- FEI Company (Nasdaq:
FEIC) announced today that Don R. Kania has been named by the Board of
Directors as president, chief executive officer and a board member of the
company. Dr. Kania, 51, has most recently been president and chief
operating officer of Veeco Instruments Inc. (Nasdaq: VECO), where he has
worked since 1998. Prior to that he held technical and general management
positions of increasing responsibility at Lawrence Livermore National
Laboratory and Los Alamos National Laboratory. He holds B.S., M.S. and
Ph.D. degrees in physics and engineering from the University of Michigan.
He is expected to start at FEI Company in mid-August 2006.
Dr. William Lattin, lead director of FEI's board of directors
commented, "Don's background in nanotechnology and capital equipment
markets make him a perfect fit as FEI's new CEO. I, along with the rest of
the board of directors, have confidence that he will make significant,
long-term positive contributions to FEI. I would also like to extend my
thanks to Ray Link, our CFO and interim CEO, who along with the other
members of the management team has done an outstanding job in running the
company during this transition period."
"Don brings a wealth of business and technological experience to FEI,
and I am very excited that he has decided to join our company," commented
Ray Link, chief financial officer and interim chief executive officer of
FEI. "His leadership and background, particularly in Asian markets, will
help FEI continue to grow and prosper. He is an outstanding person to add
to our already strong and seasoned management team, and we are all looking
forward to working with him."
"FEI has great technology strengths, large and expanding market
opportunities and a dedicated group of employees worldwide," said Dr.
Kania. "I'm looking forward to building on that foundation and working with
the existing team to continue our operating improvements, take advantage of
our great potential, generate solid returns for our shareholders and create
growth opportunities for our employees."
FEI's Tools for Nanotech(TM), featuring focused ion- and electron-beam
technologies, deliver 3D characterization, analysis and modification
capabilities with resolution down to the sub-Angstrom level and provide
innovative solutions for customers working in NanoBiology, NanoResearch and
NanoElectronics. FEI's solutions deliver ultra-high resolution and
automation to speed the pace of product release and production cycles for
semiconductor, data storage, and MEMS manufacturers. With R&D centers in
North America and Europe, and sales and service operations in more than 50
countries around the world, FEI is bringing the nanoscale within the grasp
of leading researchers and manufacturers and helping to turn some of the
biggest ideas of this century into reality. More information can be found
on the FEI website at: www.fei.com.
SOURCE FEI Company