Irving, TX – November 11, 2010 – EF Johnson Technologies, Inc. today announced that Andrew L. Adams has been named CEO, replacing Norman Stout, who served as interim CEO following the acquisition of the company in August 2010 by Francisco Partners, a global technology-focused private equity fund.
“We are delighted to welcome Andy to the company and are fortunate to have him leading EFJohnson Technologies,” said Ashutosh Agrawal,Principal at Francisco Partners.“Over the course of his career, he has proven himself to be a strong leader with a talent for building great teams and achieving full operating potential. Under his guidance, we will provide our customers with leading products, and the highest level of quality, service and professionalism to create the industry’s best customer experience.”
Mr. Adams stated, “This is a great opportunity, and I look forward to leading the EFJohnson team as it pursues its strategic goals and continues to focus on providing the highest quality secure communications solutions for its customers.”
Mr. Stout, who served as interim CEO following the acquisition of the company, will remain as Chairman of the Board of Directors. “The EFJohnson team is excited to have Andy join the company,” Mr. Stout said. “Andy brings over 15 years of experience in radio engineering and design and he will be an outstanding leader for EFJohnson Technologies.”
Prior to joining EFJohnson Technologies, Mr. Adams served as President of the Industrial Solutions Division of Belden Corporation. Belden Corporation is a $1.4B company that designs, manufactures, and markets signal transmission products to industrial, broadcast, and enterprise customers worldwide. Before joining Belden, Mr. Adams was with Harris Corporation for 15 years where he held several positions in the RF Communications Division.
Mr. Adams holds a BS and a Masters degree in Electrical Engineering from the Rochester Institute of Technology. He also holds a MBA in Finance from the University of Rochester – William E. Simon Graduate School of Business Administration, and completed the General Management Program at Harvard Business School Executive Education Program.