Feb. 24, 2012 — Hypertherm, a U.S. based manufacturer of advanced metal cutting systems, has announced that vice-president and general manager Evan Smith has assumed the role of president from Hypertherm founder and CEO Dick Couch. Couch will remain as CEO of Hypertherm and continue to chair Hypertherm’s board of directors. In addition, Hypertherm CFO Carey Chen is expanding his duties and will now oversee Hypertherm’s air plasma and related product lines as CFO and vice president and general manager of light industrial businesses.
Smith was named vice-president and general manager of Hypertherm in
2001, overseeing the company’s strategic business units and global sales
organization. During that time, and under Smith’s guidance,
Hypertherm’s business has grown substantially, with revenue more than
tripling.
“Evan has done an excellent job in every role he has had at Hypertherm,
and it is a pleasure to name him president,” said Couch. “I and my
fellow board members have the utmost confidence in Evan and the entire
management team, and look forward to many more years of growth for
Hypertherm.”
Chen has served as Hypertherm’s CFO since 2006.
In this capacity, he has also led the company’s information services,
legal, corporate development, advanced R&D, and various customer-related service functions.
Previously, Chen was vice-president of finance at Wiremold/Legrand, a
wire and cable management solutions company, and vice-president and CFO
for Bayliner Marine Corporation. Chen also has extensive consulting
experience with a focus on corporate strategy and development.
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