Published:
Vicor Announces Appointment of James Simms as Chief Financial Officer and Member of Its Board of Directors
Vicor Corporation (NASDAQ: VICR) today
announced the appointment of James A. Simms as Chief Financial Officer and
as a member of its Board of Directors. Richard J. Nagel, Jr., who had been
serving as Interim Chief Financial Officer and Vice President, Chief
Accounting Officer, will continue as Vice President, Chief Accounting
Officer.
Prior to joining Vicor, Mr. Simms was a Managing Director of Needham &
Company, LLC, a privately held, full-service investment banking and asset
management firm. Mr. Simms held previous positions as a senior
professional with the investment banks Janney, Montgomery Scott LLC, a
wholly owned subsidiary of The Penn Mutual Life Insurance Company, and
Adams, Harkness & Hill, Inc. Mr. Simms is currently an independent
director of PAR Technology Corporation (NYSE: PTC), for which he is a
member of the Audit and Compensation Committees and serves as the Chair of
the Governance and Nominating Committees. Mr. Simms holds a Master of
Business Administration degree from The Wharton Graduate School of Business
at the University of Pennsylvania and a Bachelor of Arts degree from the
University of Virginia.
Commenting on the appointment of Mr. Simms, Vicor's CEO Patrizio
Vinciarelli, noted: "I am confident that Jamie's intellect and broad
experience will add useful bandwidth as we seek to exploit technological
innovation to accelerate market penetration and financial returns to the
shareholders. I am delighted to have Jamie on board and expect that he
will add significant value."
Vicor Corporation designs, develops, manufactures and markets modular power
components and complete power systems based upon a portfolio of patented
technologies. Headquartered in Andover, Massachusetts, Vicor sells its
products primarily to the communications, information technology,
industrial control and military electronics markets.
Copyright © 2009, MarketWire
Copyright © 2009, NewsBlaze,
Daily NewsTags: ,Electronics and Semiconductors:ElectronicComponents, ProfessionalServices:InvestorRelations, ,NASDAQ01,NYSE0001,NASDAQ01,NYSE0001,MA,ANDOVER, MA
Search News
Daily News
