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ATS Announces Appointment of New Director
ATS Automation Posted 10/23/2017
CAMBRIDGE, ON /CNW/ - ATS Automation Tooling Systems Inc. (TSX: ATA) ("ATS" or the "Company") today announced that its board of directors has expanded its membership to eight directors and appointed Ms. Kirsten Lange as a new director, effective October 23, 2017.
Ms. Lange, a German citizen, has 27 years of business experience in top management and in consulting, across many of the geographies ATS serves. Most recently, she served as a member of the Management Board of Voith Hydro, where she was responsible for growing the Automation and Service divisions, and developing new digital business models. Previous to that, Ms. Lange spent 22 years with the Boston Consulting Group ("BCG"), based in Munich, Germany, where she worked as a Partner and Managing Director serving over 100 companies in sectors such as machine and plant construction, chemicals, automotive, energy, packaged consumer goods and more. At BCG she spent two years in Shanghai, running the local office and developing the Chinese market. Since 2015 she has served as a member of the Board of Directors and Audit Committee of Heidelberger Druckmaschinen AG. Ms. Lange graduated from the University of Munich with a degree in Journalism and earned a Master of Business Administration from INSEAD/France.
Ms. Lange's appointment, which follows a search process, reflects the objective of the board of directors to ensure that the board and its committees are comprised of persons having the knowledge, experience, skills, expertise, and diversity of perspective necessary for effective governance of the Company.
ATS is an industry-leading automation solutions provider to many of the world's most successful companies. ATS uses its extensive knowledge base and global capabilities in custom automation, repeat automation, automation products and value-added services including pre-automation and after-sales services to address the sophisticated manufacturing automation systems and service needs of multinational customers in markets such as life sciences, chemicals, consumer products, electronics, food, beverage, transportation, energy, and oil and gas. Founded in 1978, ATS employs approximately 3,500 people at 23 manufacturing facilities and over 50 offices in North America, Europe, Southeast Asia and China. The Company's shares are traded on the Toronto Stock Exchange under the symbol ATA. Visit the Company's website at www.atsautomation.com.
SOURCE ATS Automation Tooling Systems Inc.
Maria Perrella, Chief Financial Officer