|By PR Newswire||
|April 9, 2014 05:15 PM EDT||
ALMELO, Netherlands, April 9, 2014 /PRNewswire/ -- Sensata Technologies Holding N.V. (NYSE: ST), announced that two new directors are included in the slate of directors in its Proxy Statement filed with the SEC today to be voted on at this year's annual shareholder meeting. Michael Ward will leave Sensata's board of directors after the shareholder meeting.
The proposed board members include James E. Heppelmann, current President and Chief Executive Officer of PTC, Inc. and Andrew C. Teich, current President and Chief Executive Officer of FLIR Systems, Inc. Both will remain in their current roles.
Mr. Heppelmann has been company President and CEO of PTC since 2010. He previously held the role of President and COO, as well as EVP of Software Solutions & Chief Product Officer. Prior to PTC, Mr. Heppelmann was co-founder, Chief Technical Officer and Vice President of Marketing for Windchill Technology, Inc. He previously served as Chief Technology Officer of Metaphase, Inc. and held various positions at Control Data Corporation. He currently sits on the board of PTC, the Executive Advisory Board of FIRST (For Inspiration and Recognition of Science and Technology) and the Dean's Advisory Board of the University of Minnesota College of Science and Engineering. Mr. Heppelmann brings a detailed understanding of technological issues relevant to Sensata, including the rapid evolution of smart, connected products and the Internet of Things. If confirmed by shareholders, Mr. Heppelmann will join Sensata's board on August 1, 2014.
Mr. Teich has been President and CEO of FLIR since 2013. Mr. Teich joined FLIR in 1999 as Senior Vice President, Marketing, and has held various positions within FLIR since that time, including President of Commercial Vision Systems and President of Commercial Systems. Prior to joining FLIR, Mr. Teich held various positions at Inframetrics, Inc. (acquired by FLIR in 1999), including Senior Vice President of Marketing and various sales roles. Mr. Teich has served on the board of directors of FLIR since July 2013. Mr. Teich is a seasoned executive who brings very relevant industry experience combined with exceptional sales and marketing skills. If confirmed by shareholders, Mr. Teich will join Sensata's board immediately following our shareholder's meeting.
"I am looking forward to working with Jim and Andy on the board as they bring unique market insights and great senior management experience from very successful companies," said Sensata's President and CEO, Martha Sullivan.
"I would like to thank Michael Ward for his partnership, counsel and dedicated commitment to Sensata's board over the past eight years," added Tom Wroe, Chairman of Sensata's Board of Directors. "I'd also like to welcome Jim and Andy to the board; they will help to ensure our continuing commitment to strong corporate governance."
About Sensata Technologies
Sensata Technologies Holding N.V. is one of the world's leading suppliers of sensing, electrical protection, control and power management solutions with operations and business centers in eleven countries. Sensata's products improve safety, efficiency and comfort for millions of people every day in automotive, appliance, aircraft, industrial, military, heavy vehicle, heating, air-conditioning and ventilation, data, telecommunications, recreational vehicle and marine applications. For more information, please visit Sensata's website at www.sensata.com.
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