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June 17, 2014
17:28 EDTLGLLGL Group appoints Michael Ferrantino CEO
The LGL Group announced that Michael Ferrantino, Sr., has been appointed as Executive Chairman and CEO of The LGL Group, Inc. Following the Company’s announcement on May 21, of Mr. Ferrantino’s appointment as Interim CEO of the company and its subsidiary, MtronPTI, the company’s Board of Directors has appointed Mr. Ferrantino to serve as Executive Chairman and CEO of the company, further solidifying his role in managing the businesses towards profitable growth. LaDuane Clifton, the Company’s CFO, said, “Michael’s industry knowledge and experience has immediately benefited LGL, both as a driving force behind acquisitions, such as the recent Trilithic filter asset purchase, as well as through our efforts to rationalize operations. Our team is pleased to have the opportunity to work with him as he reorients the business on a path of profitable growth coupled with manufacturing excellence.”
News For LGL From The Last 14 Days
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November 25, 2015
14:57 EDTLGLApple to launch OLED iPhones by 2018, Nikkei says
Apple (AAPL) plans to use so-called organic light-emitting diode displays, or OLED, in its iPhones beginning in 2018, reports the Nikkei. The company has notified suppliers, with LG Display (LPL) already starting to plan for capacity upgrades, according to the report. The publication contends that securing enough screens to meet global demand for iPhones will "likely" be difficult, leading Apple to potentially offer OLED iPhones alongside standard LCD models. Reference Link
November 24, 2015
16:07 EDTLGLLGL Group names Robert Mamazza, Ph.D as COO
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