Fremont, CA, April 07, 2017 --(PR.com
)-- Altair Technologies, Inc. today announced that Curtis Allen will step down as Chief Executive Officer and President, effective immediately. The Board has appointed CFO and former Vice President of Operations, Chris Wallace and former Vice President of Engineering, Chris Ferrari as Co-Chief Executive Officers & Co-Presidents to ensure a smooth transition and to lead Altair’s executive team. Mr. Wallace will remain as the Chief Financial Officer.
Mr. Allen has played a leadership role at Altair since 2000. As Chief Executive Officer & President, Mr. Allen was successful in developing a LINAC product line for Altair as well as sustaining its core business. Mr. Allen will remain as a special adviser through this transition. Prior to serving as Co-CEO & Co-President of the Company, Mr. Wallace served as Chief Financial Officer and Vice President of Operations from February 2001. Mr. Wallace will continue to focus on managing Altair’s finances as well as playing a pivotal role in supporting manufacturing processes through procurement management, quality assurance and vendor relations.
Prior to serving as Co-CEO & Co-President of the Company, Mr. Ferrari most recently served as Vice President of Engineering. Mr. Ferrari will focus on managing Altair’s manufacturing and engineering teams. He will also manage the sales group and assist with customer relations.
Both Mr. Wallace and Mr. Ferrari bring vast knowledge and understanding to their respective roles and will continue to help Altair grow as a company.
About Altair Technologies
Altair Technologies is a global leader in furnace brazing, contract manufacturing and also a world renowned LINAC manufacturer & LINAC re-furbisher. Altair is dedicated to support continued growth and development in its core-competencies. Headquartered in Fremont, California, Altair is recognized for its engineering expertise related to brazing, applied to process and “turn-key” assemblies. More information is available at http://www.altairusa.com.