Mike Cumbo is to be replaced as the president of IDEX?s Optics and Photonics business unit following a change in reporting lines among senior managers at the firm.
IDEX?confirmed that although Cumbo was technically still working with the Illinois (US) headquartered company, he was intending to leave shortly. His departure was announced to staff at the CVI Melles Griot facility in Albuquerque, New Mexico (US) on Monday, 7 January.
The split comes after IDEX recently altered reporting lines between its Optics and Photonics division president and Andy Silvernail, chief executive officer. Optics and Photonics is part of IDEX?s Health and Science Technologies (HST) financial reporting segment and last year saw divisional president Mark Gorman take complete responsibility for that segment, including Optics and Photonics. Prior to that change, Cumbo had reported directly to Silvernail.
Cumbo will be replaced in the role by Jerry Jurkiewicz, a former vice president within Perkin Elmer?s Optoelectronics division who has since worked in the private equity sector with Industrial Growth Partners.
Source: http://www.novuslight.com/change-in-idex-management_N645.html
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