Dr. Hans Betz, Advanced Energy's chief executive officer since 2005, is retiring from the role, effective August 4, 2011, though he will continue as an advisor until December 31, 2011. His replacement is Garry Rogerson, Ph.D, chairman of the board of Coherent and previously chief executive officer of Varian, Inc.
"After six years as CEO of Advanced Energy, I am retiring," said Dr. Hans Betz. "We have built a stronger, more focused company that is well positioned for the future. The strength and growth of our two business units, thin films and renewables, was made possible by the efforts and support of our employees, customers and investors. I want to take this opportunity to thank them all. I am very proud of our accomplishments and feel that now is the appropriate time for me to hand over leadership to Garry. Garry is an outstanding choice to lead the Company in its next stage of growth. We have planned a well-organized transition and I will be available until the end of 2011 to assist Garry."
Rogerson was chief executive officer of Varian, Inc., from February 2004, and Varian's chairman and CEO from 2009 until the purchase of Varian by Agilent Technologies, in May 2010. Rogerson served as Varian's chief operating officer from 2002 to 2004, as senior vice president, Scientific Instruments from 2001 to 2002, and as vice president, Analytical Instruments from 1999 to 2001. Garry received an honours degree and Ph.D. from the University of Kent at Canterbury, UK.