Hurco Reports Departure of CFO
INDIANAPOLIS--(BUSINESS WIRE)--July 21, 2006--Hurco Companies, Inc. (NASDAQ:HURC) today announced that its Chief Financial Officer, Stephen J. Alesia, has notified the company that he intends to resign from his position effective September 1, 2006, to pursue another business opportunity.
Michael Doar, Chief Executive Officer, stated, "Steve has been an important contributor to our success in recent years and we wish him success in his new position. We appreciate the fact that he has agreed to continue to remain through the end of August to assist us in completing our financial reporting requirements for our third quarter. We have initiated a search for qualified candidates, both internal and external, for the CFO position."
Hurco Companies, Inc. is an industrial technology company that designs and produces interactive computer controls, software and computerized machine tools for the worldwide metal cutting industry. The end market for the company's products consists primarily of independent job shops and short-run manufacturing operations within large corporations in industries such as aerospace, defense, medical equipment, energy, transportation and computer equipment. The Company is based in Indianapolis, Indiana, and has sales, application engineering and service subsidiaries in High Wycombe, England; Munich, Germany; Paris, France; Milan, Italy; Shanghai, China and Singapore, along with manufacturing operations in Taiwan. Products are sold through independent agents and distributors in the United States, Europe and Asia. The Company also has direct sales forces in the United Kingdom, Germany, France, Italy and Asia. Web Site: www.hurco.com
More ...
Brought to you by TheIndyBlog.com
No comments:
Post a Comment