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News

Corporate

16

July 2015

www.read-eurowire.com

New role at the top

Ambrell has appointed Anthony Mazzullo as president,

chief executive officer and a director on the company’s

board, effective 26

th

May 2015.

Mr Mazzullo succeeds Tom

Giglia who was interim

CEO. Mr Giglia will assume

a critical role focused on

leading

the

aggressive

expansion

of

Ambrell’s

global operations.

“I am extremely pleased

to

announce

Tony

Mazzullo’s

appointment

as chief executive officer

of Ambrell,” said Richard

Rosenbloom, founder and board director.

“Tony has a proven track record of leadership and profitably

growing businesses. His background in engineering,

finance, business development and M&A made him an

obvious choice for the position. Simultaneously, we look

to Tom to apply his many talents to continue building and

expanding Ambrell’s global capabilities.”

Mr Mazzullo is the former president, CEO and chairman

of Veramark Technologies Inc, a publicly traded company

that provided software and outsource services for

telecommunications and financial management. He

led Veramark through dramatic growth in new markets

culminating with a successful sale of the company to a

private equity firm.

He remained with the company to help execute a

multi-company merger. Mr Mazzullo holds a BS in Electrical

Engineering from Cornell University and an MBA in Finance

and Accounting from the University of Rochester.

Commenting on his appointment, Mr Mazzullo said: “I

am honoured to have this opportunity to lead Ambrell

during this time of investment and growth. I look forward

to working with the world-class technologies and the

incredible talent and passion of the Ambrell team.”

Ambrell BV – The Netherlands

Website

:

www.ambrell.com

Exclusive contract

Mathiasen Machinery Inc has been awarded an exclusive

contract to sell two complete continuous copper rod upcast

systems.

COCESA, a power cable manufacture located in Chile, has

appointed MMI as its exclusive sales agent for the two

upcast systems. Both systems were purchased new in 2008.

Each system has a monthly output of 770 tons of 12mm

diameter oxygen-free copper rod.

Decommissioning took place in late 2014. The equipment

is still installed. Complete specifications and photos are

available by contacting Mike or Mark Mathiasen at +1 860

873 1423 or email

mmi@mathiasen-machinery.com

Mathiasen Machinery Inc – USA

Website

:

www.mathiasen-machinery.com

Anthony Mazzullo