FLIR Systems Announces Additions to Executive Management Team
PORTLAND, OR -- (Marketwired) -- 05/24/13 -- FLIR Systems, Inc.
(NASDAQ: FLIR) today announced changes to its executive management
team. Thomas A. Surran has been appointed President of the Commercial
Systems division, succeeding Andrew C. Teich, who was recently named
FLIR's President and Chief Executive Officer. Additionally, Jeffrey
D. Frank has been promoted to the new role of Vice President, Global
"We are pleased to add Tom and Jeff to our executive staff," said Mr.
Teich, President and CEO of FLIR. "Tom has a proven ability to
execute with vision and control, which we saw in his advancement of
our maritime businesses. Jeff has been a driving force in new product
conceptualization, development, and industrial design. Their skills
will help position our global businesses for further growth,
profitability, and continued product innovation."
Both Mr. Surran and Mr. Frank joined FLIR in 2004 when the company
acquired Indigo Systems. In addition to his previous role as General
Manager of the company's Raymarine segment, Mr. Surran has served in
several roles at FLIR, including CFO of the Commercial Systems
division. Mr. Frank possesses over 25 years of experience in the
infrared industry and was most recently Vice President of Product
Strategy for the company's Commercial Systems division.
About FLIR Systems
FLIR Systems, Inc. is a world leader in the design, manufacture, and
marketing of sensor systems that enhance perception and awareness.
The company's advanced thermal imaging and threat detection systems
are used for a wide variety of imaging, thermography, and security
applications, including airborne and ground-based surveillance,
condition monitoring, research and development, manufacturing process
control, search and rescue, drug interdiction, navigation,
transportation safety, border and maritime patrol, environmental
monitoring, and chemical, biological, radiological, nuclear, and
explosives (CBRNE) detection. Visit FLIR's web site at www.FLIR.com.
The statements in this release by Andy Teich and the other statements
in this release are forward-looking statements within the meaning of
the Private Securities Liti
gation Reform Act of 1995. Such statements
are based on current expectations, estimates, and projections about
FLIR's business based, in part, on assumptions made by management.
These statements are not guarantees of future performance and involve
risks and uncertainties that are difficult to predict. Therefore,
actual outcomes and results may differ materially from what is
expressed or forecasted in such forward-looking statements due to
numerous factors, including the following: the ability to develop,
manufacture, and deliver products, changes in demand for FLIR's
products, product mix, the impact of competitive products and
pricing, constraints on supplies of critical components, excess or
shortage of production capacity, FLIR's continuing compliance with
U.S. export control laws and regulations, and other risks discussed
from time to time in FLIR's Securities and Exchange Commission
filings and reports. In addition, such statements could be affected
by general industry and market conditions and growth rates, and
general domestic and international economic conditions. Such
forward-looking statements speak only as of the date on which they
are made and FLIR does not undertake any obligation to update any
forward-looking statement to reflect events or circumstances after
the date of this release, or for changes made to this document by
wire services or Internet service providers.
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