EuroWire July 2015

News Corporate

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

▲ ▲ Anthony Mazzullo

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

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July 2015