-
- News
- Books
Featured Books
- pcb007 Magazine
Latest Issues
Current IssueThe Growing Industry
In this issue of PCB007 Magazine, we talk with leading economic experts, advocacy specialists in Washington, D.C., and PCB company leadership to get a well-rounded picture of what’s happening in the industry today. Don’t miss it.
The Sustainability Issue
Sustainability is one of the most widely used terms in business today, especially for electronics and manufacturing but what does it mean to you? We explore the environmental, business, and economic impacts.
The Fabricator’s Guide to IPC APEX EXPO
This issue previews many of the important events taking place at this year's show and highlights some changes and opportunities. So, buckle up. We are counting down to IPC APEX EXPO 2024.
- Articles
- Columns
Search Console
- Links
- Events
||| MENU - pcb007 Magazine
Ric Phillips to Take Over as CEO of Kimball Electronics as Don Charron Retires
March 6, 2023 | Business WireEstimated reading time: 1 minute
Kimball Electronics, Inc. announced the Company celebrated the retirement of long-standing Chairman and CEO, Donald D. Charron, and welcomed incoming Chief Executive Officer, Richard D. Phillips, with a market closing bell ceremony at Nasdaq on Wednesday, February 22, 2023.
Commenting on the event, Mr. Charron stated, “I was thrilled with the opportunity to celebrate my retirement by ringing the closing bell. Since the spinoff from our parent company, Kimball International, in 2014, Nasdaq has been a great partner, and we look forward to that continuing. Kimball Electronics has a strong company culture, formed and shaped by our Guiding Principles, and a rich history of growth dating back over 60 years when we started building the electronics for musical organs. Today, we support critical applications in the Automotive, Medical, and Industrial end markets. In my 24 years serving the Company, I have never seen a brighter future for Kimball Electronics. With a strong leadership team, Board of Directors, and very capable incoming CEO in Ric, I look forward to the Company’s success as a Share Owner and retired executive.”
As previously announced, Mr. Charron will be retiring from Kimball Electronics on February 28, 2023, and Mr. Phillips, an accomplished executive and transformational leader across manufacturing, distribution, industrial, consumer, and healthcare, will join Kimball Electronics on March 1, as Chief Executive Officer and a Director. In addition, Lead Independent Director, Robert J. Phillippy, a member of the Kimball Electronics Board since 2018, will become the Company’s non-executive Chairperson.
In response to today’s announcement, Mr. Phillips said, “I want to congratulate Don on his incredible leadership of the Company and legacy in the EMS industry. He has been a tremendous partner during this transition, and I am excited to join Kimball Electronics, a company with a strong culture and foundation. We have a great opportunity to build on the momentum of growth and value creation that has been established, and I can’t wait to work with our people all over the world to write the next chapter of success for the Company.”
Suggested Items
ZESTRON Academy Launches 2024 Advanced Packaging & Power Electronics Webinar Series
05/01/2024 | ZESTRONZESTRON, the leading global provider of high-precision cleaning products, services, and training solutions in the electronics manufacturing and semiconductor industries, proudly announces the launch of its highly anticipated webinar series on Advanced Packaging & Power Electronics, a webinar series on the latest innovations, cleaning, and corrosion challenges.
NextFlex Convenes the Hybrid Electronics Community at Binghamton University
05/01/2024 | NextFlexBinghamton University hosted the NextFlex hybrid electronics community on April 18 for a day of expert presentations, breakout sessions on technology and manufacturing topics, and networking.
HQ NextPCB of HQ Electronics Debut on the International Stage for Electronics Manufacture at IPC APEX 2024
05/01/2024 | PRNewswireHQ NextPCB of HQ Electronics, a leading Chinese-based multilayer PCB manufacturer and assembly house showcased its industrial prowess on the international stage for the first time at the IPC APEX Expo 2024.
GPV’s Q1 2024 Interim Financial Report Shows Strong Navigation in Uncertain Times
05/01/2024 | GPVDanish-based GPV recorded an expected drop in sales to DKK 2.3 billion for the first quarter of 2024. The decline also affected the operating profit, which was DKK 155 million compared to DKK 179 million in the same quarter last year, although the EBITDA margin was maintained. In general, demand has been softer in 2024, but GPV continues to invest for the long-term and expects the trend to turn in the second half of 2024.
All-Inclusive: PRIDE Industries Helps Employees With Disabilities to Succeed
05/01/2024 | Sandy Gentry, IPCPRIDE Industries is the leading employer of people with disabilities and those with other barriers to employment in the United States, including veterans and former foster youth. The company offers job training, placement, on-the-job coaching, and skills development for independent living. It has held IPC membership since 2000. Read more about this unique business and its connection to the electronics manufacturing industry.