LAKE MARY, Fla., Jan. 16, 2017 /PRNewswire/ -- FARO®
(NASDAQ: FARO) today announced the appointment of Katrona Tyrrell
as Chief People Officer (CPO). She will report directly to
Simon Raab, Ph.D., FARO's President
and CEO.
Ms. Tyrrell will advise the senior leadership team as it works
to scale FARO's vertical sales organization while maintaining and
strengthening FARO's entrepreneurial culture, employee engagement,
and career development. As CPO, she will guide all aspects of human
resources for the company, including Human Resources business
partnering, talent management and Human Resources Information
Systems.
"Our culture is a fundamental component to what makes our
company special and high-performing," said Simon Raab, Ph.D., FARO's President and CEO. "We
created the CPO role specifically to bolster this important
foundation. Strength in this area of our business allows us to
succeed in everything else we do and is essential to propel our
growth. Katrona's extensive background and experience building,
maintaining and leading talent and corporate culture strategies
will complement the founder-CEO mentality we have returned to the
company. I'm excited for her partnership, perspective, and the
contributions she'll make."
Ms. Tyrrell joins FARO from IDT Corporation where she was the
Global Senior Vice President – Human Resources, leading a team that
was responsible for global succession planning, leadership
development, performance management, employee engagement, and
organizational effectiveness. Prior to joining IDT in 2006, Ms.
Tyrrell held leadership and management positions at Towergate
Partnership, Ltd. and Roberts & Partners Managed Services in
the U.K. Ms. Tyrrell holds a post-graduate diploma in
strategic management from Crawley
College in the U.K.
This press release contains forward-looking statements within
the meaning of the Private Securities Litigation Reform Act of 1995
that are subject to risks and uncertainties, such as statements
about demand for and customer acceptance of FARO's products, and
FARO's product development and product launches. Statements that
are not historical facts or that describe the Company's plans,
objectives, projections, expectations, assumptions, strategies, or
goals are forward-looking statements. In addition, words such as
"is," "will" and similar expressions or discussions of FARO's plans
or other intentions identify forward-looking statements.
Forward-looking statements are not guarantees of future performance
and are subject to various known and unknown risks, uncertainties,
and other factors that may cause actual results, performances, or
achievements to differ materially from future results,
performances, or achievements expressed or implied by such
forward-looking statements. Consequently, undue reliance should not
be placed on these forward-looking statements.
Factors that could cause actual results to differ materially
from what is expressed or forecasted in such forward-looking
statements include, but are not limited to:
- development by others of new or improved products, processes
or technologies that make the Company's products less competitive
or obsolete;
- the Company's inability to maintain its technological
advantage by developing new products and enhancing its existing
products;
- declines or other adverse changes, or lack of improvement,
in industries that the Company serves or the domestic and
international economies in the regions of the world where the
Company operates and other general economic, business, and
financial conditions; and
- other risks detailed in Part I, Item 1A. Risk Factors in the
Company's Annual Report on Form 10-K for the year ended
December 31, 2015.
Forward-looking statements in this release represent the
Company's judgment as of the date of this release. The Company
undertakes no obligation to update publicly any forward-looking
statements, whether as a result of new information, future events,
or otherwise, unless otherwise required by law.
About FARO
FARO is the world's most trusted source for 3D measurement,
imaging and realization technology. The Company develops and
markets computer-aided measurement and imaging devices and
software. Technology from FARO permits high-precision 3D
measurement, imaging and comparison of parts and complex structures
within production and quality assurance processes. The devices are
used for inspecting components and assemblies, rapid prototyping,
documenting large volume spaces or structures in 3D, surveying and
construction, as well as for investigation and reconstruction of
accident sites or crime scenes.
FARO's global headquarters are located in Lake Mary, Florida. The Company also has
a technology center and manufacturing facility consisting of
approximately 90,400 square feet located in Exton, Pennsylvania containing research and
development, manufacturing and service operations of its FARO Laser
TrackerTM and FARO Cobalt Array Imager product
lines. The Company's European regional headquarters is
located in Stuttgart, Germany and
its Asia Pacific regional
headquarters is located in Singapore. FARO has other offices in
the United States, Canada, Mexico, Brazil, Germany, the United
Kingdom, France,
Spain, Italy, Poland, Turkey, the
Netherlands, Switzerland,
India, China, Malaysia, Thailand, South
Korea, Australia and
Japan.
More information is available at http://www.faro.com
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SOURCE FARO