John Roush to become CEO of GSI Group

Bedford, MA--GSI Group (Pink Sheets: LASR.PK), a supplier of precision technology to the global medical, electronics, industrial, and semiconductor systems markets, announced that John Roush agreed to join GSI as its next CEO. Roush, 45, joins GSI after a successful 12-year career with PerkinElmer, where he was a corporate officer and served in several senior leadership positions, most recently as president of PerkinElmer’s Environmental Health business.

After a brief transition period, during which he will serve in an advisory capacity, Roush will become GSI’s CEO by early 2011, succeeding Michael E. Katzenstein, who has served as the Company’s interim principal executive officer since May 2010. The move successfully completes the strategic initiative announced on September 9, 2010 to recruit a permanent CEO for the Company.

"I am excited for this opportunity to join the GSI team and to lead the organization as it scales its operations to address new market opportunities," said Roush. "The company’s strong proprietary technology base, established industry partners and customers and large target markets provide a solid foundation from which to build a highly valuable, industry leading company."

From 2004 to 2009, Roush led PerkinElmer’s Optoelectronics business unit, which supplies specialty photonics products to biomedical and industrial OEMs. From 1999 to 2004, Roush served in various general management roles within the Optoelectronics business unit. Prior to joining PerkinElmer, he held management positions with Outboard Marine Corporation, AlliedSignal (now Honeywell International), and General Electric. Roush holds a Bachelor of Science degree in electrical engineering from Tufts University and a Master of Business Administration from Harvard Business School.

SOURCE: GSI Group; www.gsig.com/investors/news_releases/2010_11_17.html

Posted by:Gail Overton

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