AmpliTech Group Announces Appointment Of Shailesh “Sonny” Modi To Its Board Of Directors
AmpliTech Group (AMPG) has appointed Shailesh "Sonny" Modi to its Board of Directors. Modi brings nearly 40 years of experience as a senior financial and business professional and will serve on the Audit, Nominating and Governance Committees. His career includes 10 years at Deloitte & Touche LLP, where he worked with financial services clients and participated in IPOs. For the past 9 years, Modi has served as CFO and Treasurer at ShelterPoint Life Insurance Company, where he recently led the successful sale to Protective Life Insurance Company in 2024.
Modi holds a BS in Accounting and MBA in Finance & Computer Systems from New York University. His background spans various sectors including managerial, finance, auditing, and strategy. He has served on boards including InRoads and IASA, and has been involved with organizations like the Boy Scouts of America.
AmpliTech Group (AMPG) ha nominato Shailesh "Sonny" Modi nel suo Consiglio di Amministrazione. Modi porta con sé quasi 40 anni di esperienza come professionista senior in finanza e business e farà parte dei Comitati di Audit, Nomina e Governance. La sua carriera include 10 anni in Deloitte & Touche LLP, dove ha lavorato con clienti nei servizi finanziari e ha partecipato a IPO. Negli ultimi 9 anni, Modi ha ricoperto il ruolo di CFO e Tesoriere presso ShelterPoint Life Insurance Company, dove ha recentemente guidato la vendita con successo a Protective Life Insurance Company nel 2024.
Modi possiede una laurea in Contabilità e un MBA in Finanza e Sistemi Informatici presso la New York University. Il suo background comprende vari settori tra cui direzione, finanza, auditing e strategia. Ha fatto parte di consigli come InRoads e IASA, ed è stato coinvolto in organizzazioni come i Boy Scouts of America.
AmpliTech Group (AMPG) ha nombrado a Shailesh "Sonny" Modi en su Junta Directiva. Modi aporta casi 40 años de experiencia como profesional sénior en finanzas y negocios y formará parte de los Comités de Auditoría, Nombramientos y Gobernanza. Su carrera incluye 10 años en Deloitte & Touche LLP, donde trabajó con clientes de servicios financieros y participó en OPI. Durante los últimos 9 años, Modi ha sido CFO y Tesorero en ShelterPoint Life Insurance Company, donde recientemente lideró la exitosa venta a Protective Life Insurance Company en 2024.
Modi tiene una licenciatura en Contabilidad y un MBA en Finanzas y Sistemas Informáticos por la Universidad de Nueva York. Su trayectoria abarca varios sectores, incluidos la gestión, las finanzas, la auditoría y la estrategia. Ha ocupado puestos en juntas como InRoads e IASA, y ha estado involucrado con organizaciones como los Boy Scouts of America.
AmpliTech Group (AMPG)는 Shailesh "Sonny" Modi를 이사회의 일원으로 임명했습니다. Modi는 40년 가까운 경력을 가진 금융 및 비즈니스 분야의 선임 전문가로서 감사, 지명 및 거버넌스 위원회에서 활동할 예정입니다. 그의 경력은 10년 동안 Deloitte & Touche LLP에서 금융 서비스 고객과 함께 일하고 IPO에 참여한 것을 포함합니다. 지난 9년 동안 Modi는 ShelterPoint 생명 보험 회사의 CFO이자 재무 담당자로 활동했으며, 최근에는 2024년 Protective Life Insurance Company에 성공적으로 매각하는 것을 이끌었습니다.
Modi는 뉴욕 대학교에서 회계학 학사 및 금융 및 컴퓨터 시스템 MBA를 취득했습니다. 그의 배경은 경영, 금융, 감사 및 전략 등 다양한 분야에 걸쳐 있습니다. 그는 InRoads 및 IASA와 같은 이사회의 일원으로 활동했으며, 미국 소년 정찰대와 같은 조직과도 관계를 맺어왔습니다.
AmpliTech Group (AMPG) a nommé Shailesh "Sonny" Modi à son Conseil d'Administration. Modi apporte près de 40 ans d'expérience en tant que professionnel senior en finance et en affaires et siégera aux Comités d'Audit, de Nomination et de Gouvernance. Sa carrière comprend 10 années chez Deloitte & Touche LLP, où il a travaillé avec des clients de services financiers et participé à des introductions en bourse. Au cours des 9 dernières années, Modi a occupé le poste de CFO et de Trésorier chez ShelterPoint Life Insurance Company, où il a récemment dirigé la vente réussie à Protective Life Insurance Company en 2024.
Modi détient un diplôme en comptabilité et un MBA en finance et systèmes informatiques de l'Université de New York. Son parcours couvre divers secteurs, y compris la direction, la finance, l'audit et la stratégie. Il a siégé à des conseils tels qu'InRoads et IASA, et a été impliqué dans des organisations comme les Boy Scouts of America.
AmpliTech Group (AMPG) hat Shailesh "Sonny" Modi in seinen Vorstand berufen. Modi bringt nahezu 40 Jahre Erfahrung als hochrangiger Finanz- und Wirtschaftsexperte mit und wird in den Ausschüssen für Prüfung, Nominierung und Governance tätig sein. Seine Karriere umfasst 10 Jahre bei Deloitte & Touche LLP, wo er mit Kunden im Finanzdienstleistungssektor gearbeitet und an IPOs teilgenommen hat. In den letzten 9 Jahren diente Modi als CFO und Schatzmeister bei der ShelterPoint Lebensversicherungsgesellschaft, wo er kürzlich den erfolgreichen Verkauf an die Protective Life Insurance Company im Jahr 2024 leitete.
Modi verfügt über einen Bachelorabschluss in Buchhaltung sowie einen MBA in Finanzen und Computersystemen von der New York University. Sein beruflicher Werdegang umfasst verschiedene Sektoren, darunter Management, Finanzen, Prüfung und Strategie. Er hat in Vorständen wie InRoads und IASA gedient und war in Organisationen wie den Boy Scouts of America aktiv.
- Addition of seasoned financial executive with 40 years of experience to the Board
- Modi brings significant IPO and M&A experience, including recent successful company sale
- Strengthening of corporate governance through appointment to key committees
- None.
HAUPPAUGE, N.Y., Jan. 21, 2025 (GLOBE NEWSWIRE) -- AmpliTech Group, Inc. (Nasdaq: AMPG, AMPGW, “AmpliTech”), a designer, developer, and manufacturer of state-of-the-art signal processing components for satellite, Public and Private 5G, and other communications networks, including the design of complete 5G/6G systems and a global distributor of packages and lids for integrated circuits assembly, today is pleased to announce the appointment of Mr. Shailesh “Sonny” Modi to its Board of Directors. Mr. Modi is a seasoned senior financial and business professional with nearly 40 years of experience. Mr. Modi will serve on the Audit, Nominating and Governance Committees. AmpliTech looks forward to leveraging his experience, knowledge and guidance to further its abilities to achieve corporate goals.
Mr. Modi’s experience spans into various sectors and disciplines, including managerial, finance, auditing and strategy. He spent the first 10 years of his career with Deloitte & Touche LLP, serving various clients in the financial services industry and participating in initial public offerings. For the past 30-plus years, Mr. Modi has worked in the private sector in various senior executive roles. For the past 9 years, Mr. Modi has continued to serve in the role of Chief Financial Officer and Treasurer at ShelterPoint Life Insurance Company (“ShelterPoint”). In 2024, Mr. Modi was instrumental in leading the efforts of the successful sale of ShelterPoint to Protective Life Insurance Company. Mr. Modi holds his BS in Accounting and MBA in Finance & Computer Systems from New York University. He has served on various Boards including InRoads and IASA, and been involved in various volunteer organizations, including the Boy Scouts of America.
About AmpliTech Group
AmpliTech Group, Inc., its subsidiary, AmpliTech Inc., and the Company’s divisions, Specialty Microwave, Spectrum Semiconductor Materials, AmpliTech Group Microwave Design Center, and AmpliTech Group True G Speed Services—is a leading designer, developer, manufacturer, and distributor of cutting-edge radio frequency (RF) microwave components and 5G network solutions. Serving global markets including satellite communications, telecommunications (5G & IoT), space exploration, defense, and quantum computing, AmpliTech Group is committed to advancing technology and innovation. For more information, please visit www.amplitechgroup.com.
Safe Harbor Statement
This release contains statements that constitute forward-looking statements. These statements appear in several places in this release and include all statements that are not statements of historical fact regarding the intent, belief or current expectations of the Company, its directors or its officers with respect to, among other things, that this company’s board of directors composition will lead to immediate or near future orders and to further penetrate the markets it serves. The words “may” “would” “will” “expect” “estimate” “anticipate” “believe” “intend” and similar expressions and variations thereof are intended to identify forward-looking statements. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond the Company’s ability to control, and that actual results may differ materially from those projected in the forward-looking statements because of various factors. Other risks are identified and described in more detail in the “Risk Factors” section of the Company’s filings with the SEC, which are available on our website. We undertake no obligation to update, and we do not have a policy of updating or revising these forward-looking statements, except as required by applicable law.
Contacts:
Corporate Social Media
Twitter: @AmpliTechAMPG
Instagram: @AmpliTechAMPG
Facebook: AmpliTechInc
Linked In: AmpliTech Group Inc
Investor Social Media
Twitter: @AMPG_IR
StockTwits: @AMPG_IR
Company Contact:
Jorge Flores
Tel: 631-521-7831
Investors@amplitechgroup.com
FAQ
Who is the new Board Director appointed to AmpliTech Group (AMPG)?
What experience does Sonny Modi bring to AMPG's Board?
What committees will Modi serve on at AmpliTech Group (AMPG)?
What was Modi's recent significant achievement before joining AMPG?
