December 13, 2015 – FARO Technologies has retained Heidrick & Struggles to lead its search for a chief executive officer. Dr. Simon Raab, its chairman and co-founder, has been named interim president and CEO, effective immediately, following the resignation of Jay Freeland as president and CEO.
“We believe Simon’s leadership through the transition period to a new CEO will provide more effective decision making across the organization,” said Stephen Cole, lead director.
Mr. Freeland plans to continue as an advisor to the company over the next three months while Heidrick conducts a broad search for a full time CEO replacement.
FARO is a leading global 3D measurement technology company. It develops and markets computer-aided measurement and imaging devices and software. Technology from FARO permits high-precision 3D measurement, imaging and comparison of parts and complex structures within production and quality assurance processes.
Heidrick & Struggles’ technology practice serves a number of prominent technology companies, as well as those at the forefront of cutting edge technologies. The firm’s practice focuses on searches for professionals in big data & analytics, cloud, mobility, cyber security, digital marketing, hardware systems & semiconductor, and software & Internet.
Heidrick has recently filled a number of CEO roles for various companies. The firm recruited Edward D. Breen as chairman and CEO chemical maker DuPont as well as Bradley C. Jones as president and CEO of the New York Independent System Operator (NYISO), a corporation responsible for operating New York state’s bulk electricity grid. Southwest Gas Corporation also recently tapped Heidrick to lead its search for the new president and CEO of its construction services subsidiary Centuri Construction Group, Inc.
Contributed by Dale M. Zupsansky, Managing Editor, Hunt Scanlon Media