BTU International Promotes Peter J. Tallian to Chief Operating Officer
NORTH BILLERICA, Mass., Nov. 28, 2012 (GLOBE NEWSWIRE) -- BTU International, Inc. (Nasdaq: BTUI), a leading supplier of advanced thermal processing equipment to the electronics manufacturing and alternative energy markets, today announced the appointment of Peter J. Tallian to the newly created position of chief operating officer (COO).
Tallian, whose appointment takes effect immediately, reports directly to Paul J. van der Wansem, BTU's chairman and chief executive officer. Tallian will keep his position of principal financial officer. Van der Wansem will continue to lead the company with an emphasis on strategy, external relations and innovation.
"As we embark on a new phase of the company's growth and strategic development, I am very pleased to announce Peter's promotion and his new role in our company. His extensive and varied professional experience will serve BTU, our business partners and our stockholders well," said van der Wansem. "With a stronger organization at the top, we are preparing ourselves for the business challenges and opportunities that lay ahead in our electronics, nuclear fuel and solar cell manufacturing markets."
Tallian joined BTU in early 2009 as chief financial officer (CFO). He previously served as CFO of Distributed Energy Systems Corporation and chief accounting officer of Northern Power Systems, Inc., companies that serve the alternative energy market. Prior to that, Tallian served as senior vice president, CFO and treasurer at Transwitch Corporation. Tallian began his career in finance with a number of strategic roles at IBM. He holds a bachelor's degree in economics from the Wharton School of the University of Pennsylvania and an MBA from the University of Chicago.
About BTU International
BTU International is a global supplier and technology leader of advanced thermal processing equipment and processes to the electronics manufacturing and alternative energy markets. BTU equipment is used in the production of printed circuit board assemblies and semiconductor packaging as well as in the manufacturing of solar cells and nuclear fuel. BTU has operations in North Billerica, Massachusetts and Shanghai, China with direct sales and service in the U.S.A., Asia and Europe. Information about BTU International is available at www.btu.com.
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