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FARO Announces Appointment of Jeff Sexton to VP of Global Sales, Upon Retirement of Kevin Beadle

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FARO Technologies announced the retirement of Kevin Beadle, Senior Vice President of Global Sales, effective April 29, 2022. Beadle was instrumental in enhancing the sales team's efficiency. Jeff Sexton, who has over 30 years of sales experience and successfully led the Americas sales organization, will take over as Vice President of Global Sales on April 18, 2022. This transition aligns with FARO's long-term succession planning and aims to maintain momentum through Sexton's metrics-driven strategy.

Positive
  • Jeff Sexton's appointment expected to provide continuity and experienced leadership in global sales.
  • Sexton has a strong background with 30+ years in sales, enhancing FARO's leadership team.
Negative
  • Retirement of a key executive may create short-term uncertainty during the transition period.

LAKE MARY, Fla., April 14, 2022 /PRNewswire/ -- FARO® Technologies, Inc. (Nasdaq: FARO), a global leader in 4D digital reality solutions, today announced the retirement of Kevin Beadle, Senior Vice President of Global Sales.

"Kevin has been instrumental leading the sales transformation that has enabled a significant increase in our global sales team's efficiency," said Michael Burger, FARO President and Chief Executive Officer.  "The entire FARO family wishes Kevin the best as he embarks on this next stage of his life."

FARO announces the appointment of Jeff Sexton to lead FARO's global sales organization, effective April 18, 2022.  Mr. Sexton joined FARO approximately two years ago and has successfully led its Americas sales organization.  Prior to FARO, Mr. Sexton has over 30 years of sales experience including executive roles at Cypress Semiconductor, QuickLogic and National Semiconductor.

"As a part of our long-term succession planning, we are pleased to have an executive with Jeff's experienced leadership skills on the team as he can step in immediately to enable a smooth transition," continued Mr. Burger.  "Jeff's approach to enabling success through metrics management will continue to build momentum throughout the sales organization."

Mr. Beadle will stay on for a transition period through April 29, 2022.

About FARO
FARO serves the 3D Metrology, AEC (Architecture, Engineering & Construction), O&M (Facilities Operations & Maintenance), and Public Safety Analytics markets. For over 40 years, FARO has provided industry-leading technology solutions that enable customers to digitize their world, and then use that data to make smarter decisions faster. FARO continues to be a pioneer in bridging the digital and physical worlds through data-driven accuracy, precision, and immediacy. For more information, visit FARO.com.

"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: Statements in this press release regarding FARO Technologies Inc's business which are not historical facts are "forward-looking statements" that involve risks and uncertainties. For a discussion of such risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see "Risk Factors" in the Company's Annual Report on Form 10-K for the most recently ended fiscal year.

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SOURCE FARO

FAQ

Who is the new head of global sales at FARO?

Jeff Sexton is appointed as the new Vice President of Global Sales at FARO, effective April 18, 2022.

Why did Kevin Beadle retire from FARO?

Kevin Beadle retired to embark on the next stage of his life after contributing significantly to FARO's sales transformation.

What is Jeff Sexton's experience before joining FARO?

Jeff Sexton has over 30 years of sales experience, including executive roles at Cypress Semiconductor, QuickLogic, and National Semiconductor.

What are FARO's future plans after this management change?

FARO's management change aims to maintain sales momentum and build on metrics-driven strategies under Jeff Sexton's leadership.

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Scientific & Technical Instruments
Measuring & Controlling Devices, Nec
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