Acumentrics Holding Corporation ( www.acumentrics.com) announces that Gary D. Simon has been appointed as the new President and CEO of Acumentrics. Mr. Simon has a broad-ranging 40-year career that includes executive positions at Fortune 500 companies and leadership of small start-up businesses, as well as consulting to major energy companies.
Mr. Simon served as Acumentrics Chief Executive Officer from July 2004 to December 31, 2009 during which time the company grew to record performance levels. He remained an active member of the company's Board of Directors while returning to California to mentor a number of clean energy companies. “Seeing a great market opportunity and a business with exciting new products, the time is right for me to rejoin Acumentrics and lead it into the future," said Simon.
Prior to joining Acumentrics, Mr. Simon was the Senior Vice President of Corporate Strategy and Business Development at Northeast Utilities, where he held responsibility for corporate R&D as well as for business planning and strategic M&A transactions. In that position, Mr. Simon had a major role in over $2.5 billion of transactions, was the head of corporate venture investing, and was a member of the senior management committee. He was responsible for analysis of markets, competitors, new business ventures, acquisition targets and business unit performance.
Previously, Mr. Simon was Senior Director and head of the Global Power Practice for Cambridge Energy Research Associates (CERA) for nine years, where he provided advice on the future directions of the energy industry and the sources of strategic advantage, including the emergence of new power technologies.
He is also Chairman, Capstone Turbine Corporation and serves as a board member of two nonprofit organizations: SmartPower and the Sacramento Area Regional Technology Alliance.
"We’re delighted to welcome Gary back to our executive team," said Jamey Rosenfield, Chairman of Acumentrics. "He has a proven track record of achievement in growth, customer relations and corporate leadership."
Mr. Simon holds an M.S. from the University of California, Davis, and a B.A. from Indiana University.
Acumentrics Holding Corporation, headquartered in Westwood, Massachusetts, consists of two wholly-owned subsidiaries: Acumentrics RUPS (Rugged Uninterruptible Power Supplies) and Acumentrics SOFC (Solid Oxide Fuel Cells). The RUPS subsidiary is a trusted market leader in rugged AC and DC power sources for harsh and combat environments as well as heavy-duty industrial applications. RUPS products provide clean power conditioning and battery backup when reliability is mission-critical. In business since 1994, Acumentrics is a preferred supplier of US-made power electronics to most of the world’s largest prime defense contractors.
The SOFC subsidiary develops and manufactures a line of clean, reliable electric power generators with DC or AC outputs up to 10kW. These electrical power generators apply a proprietary tubular, ceramics-based fuel cell technology to serve remote, off grid and military applications. Acumentrics generators efficiently convert commonly available propane, natural gas or liquid fuels directly to electricity without combustion.
Acumentrics Holding Corporation is an ISO 9001:2008-certified company. For more information, please visit www.acumentrics.com, or call 800-332-0277 or +1-781-461-8251.