FLIR Systems Announces Senior Management Changes
WILSONVILLE, OR -- (Marketwired) -- 01/24/14 -- FLIR Systems, Inc.
(NASDAQ: FLIR) today announced that William A. Sundermeier, President
of the Company's Government Systems Division, has resigned to pursue
other personal and business opportunities. Thomas A. Surran, most
recently President of the Company's Commercial Systems Division, has
been appointed Chief Operating Officer, and will assume
responsibility for FLIR's global commercial and government
operations. Mr. Sundermeier has agreed to assist the Company with the
transition of his responsibilities through the end of February.
"I want to thank Bill for his tremendous contributions to FLIR,"
commented Andy Teich, FLIR's Chief Executive Officer. "He has been an
instrumental part of FLIR's growth and evolution over the past
nineteen years, from his early days in product management through his
leadership of our Government Systems business for the past eight
years. We will miss his deep experience and perspective."
Tom Surran first joined FLIR with the acquisition of Indigo Systems
in 2004, and served as General Manager of the Company's Commercial
Vision Systems business until 2007. He rejoined the Company in 2009
and has since held several roles including Vice President and General
Manager of Raymarine, a FLIR company, as well as President of the
Company's Commercial Systems Division.
"Tom is a veteran executive and leader with demonstrated experience
in all aspects of operations. He has successfully led three FLIR
operations over the past ten years, and I am confident in his ability
to continue that success in this expanded role," Mr. Teich concluded.
About FLIR Systems
FLIR Systems, Inc. is a world leader in the design, manufacture, and
marketing of sensor systems that enhance perception and awareness.
FLIR's advanced systems and components are used for a wide variety of
thermal imaging, situational awareness, and security applications,
including airborne and ground-based surveillance, condition
monitoring, navigation, recreation, research and development,
manufacturing process control, search and rescue, drug interdiction,
transportation safety, border and maritime patrol, environmental
monitoring, and chemical, biological, radiological, nuclear, and
explosives (CBRNE) threat detection. For more information, visit
FLIR's web site at www.FLIR.com.
Certain statements in this release are forward-looking statements
within the meaning of the Private Securities Litigation 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 manufacture and deliver our products in a timely manner,
changes in pricing of FLIR's products, changing 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, the ability of FLIR to manufacture
and ship products in a timely manner, 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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