CTS Corporation Announces Appointment of New President and CEO

  CTS Corporation Announces Appointment of New President and CEO

Business Wire

ELKHART, Ind. -- November 19, 2012

CTS Corporation (NYSE:CTS) today announced the appointment of Kieran
O’Sullivan to the position of President and Chief Executive Officer effective
January 7, 2013. Mr. O’Sullivan will succeed Vinod M. Khilnani, current
Chairman and CEO, who will remain on the Board of Directors of the Corporation
and continue to serve as Executive Chairman until the Annual Shareholders
Meeting in 2013 and retire from CTS Corporation on December 31, 2013. Mr.
Khilnani had previously announced his desire to retire and the Board had begun
a succession process in March 2012. It is anticipated that Mr. O’Sullivan will
be appointed to the Board of Directors as soon as practicable following his
effective date.

“We are excited to bring Kieran O’Sullivan on as CTS’ next President and CEO,”
said Vinod M. Khilnani, Chairman and Chief Executive Officer. “Kieran’s
background, operational experience, executive leadership, and capabilities in
bringing new technologies to global markets, make him uniquely qualified to
lead CTS’ growth initiatives going forward.”

Mr. O’Sullivan, 50, brings over twenty-five years of executive leadership
experience in high-growth, technology companies. Currently, Mr. O’Sullivan is
Executive Vice President of Continental AG’s Global Infotainment and
Connectivity Business and leads the NAFTA Interior Division, having joined
Continental AG in 2006 as part of the acquisition of Motorola’s Automotive
Electronics Business. Prior to that, Mr. O’Sullivan served in various senior
management roles at Motorola, Inc. since 1990, including the head of the
Interior Electronics Business Unit, Corporate Vice President and General
Manager and co-leader of Motorola’s global automotive business.

Mr. O’Sullivan holds a bachelor’s degree in engineering from the University of
Limerick and master of business administration degree from University College,
Dublin, Ireland and diplomas in aeronautical avionics engineering and
electrical engineering.

About CTS

CTS is a leading designer and manufacturer of electronic components and
sensors and a provider of electronics manufacturing services (EMS) to OEMs in
the automotive, communications, medical, defense and aerospace, industrial and
computer markets. CTS manufactures products in North America, Europe and Asia.
CTS' stock is traded on the NYSE under the ticker symbol "CTS.” To find out
more, visit the CTS Web site at www.ctscorp.com.

Safe Harbor Statement

This press release contains statements that are, or may be deemed to be,
forward-looking statements within the meaning of the Private Securities
Litigation Reform Act of 1995. These forward-looking statements include, but
are not limited to, any financial or other guidance, statements that reflect
our current expectations concerning future results and events and any other
statements that are not based solely on historical fact. Readers are cautioned
not to place undue reliance on these forward-looking statements, which speak
only as of the date hereof and are based on various assumptions as to future
events, the occurrence of which necessarily are subject to uncertainties.
These forward-looking statements are made subject to risks, uncertainties and
other factors, which could cause our actual results, performance or
achievements to differ materially from those presented in the forward-looking
statements, including, without limitation: changes in the economy generally
and in respect to the businesses in which CTS operates; unanticipated issues
in integrating acquisitions; rapid technological change; general market
conditions in the automotive, communications and computer industries, as well
as conditions in the industrial, defense and aerospace and medical markets;
reliance on key customers; unanticipated natural or other events such as the
Japan earthquake and floods in Thailand; the ability to protect our
intellectual property; pricing pressures and demand for our products; and
risks associated with our international operations, including trade and tariff
barriers, exchange rates and political and geographical risks. For more
detailed information on the risks and uncertainties associated with CTS’
business, see the reports CTS files with the Securities and Exchange
Commission available at
http://www.ctscorp.com/investor_relations/investor.htm. CTS undertakes no
obligation to publicly update its forward-looking statements to reflect new
information or events or circumstances that arise after the date hereof,
including market or industry changes.


CTS Corporation
Thomas A. Kroll, Vice President and Chief Financial Officer, or
Mitchell J. Walorski, Director of Investor Relations
Telephone 574-523-3800
FAX 574-293-6146
Press spacebar to pause and continue. Press esc to stop.