Randy J. Martinez Joins Plexus Corp.’s Board of Directors
Plexus Corp. (NASDAQ: PLXS) announced the appointment of Randy J. Martinez, former President and CEO of MTS Systems Corp., to its Board of Directors. Martinez brings extensive experience from his 21-year career in the U.S. Air Force and various leadership roles in the aviation, aerospace, defense, and industrial sectors. Chairman Dean Foate expressed excitement about leveraging Martinez's insights to enhance Plexus’s leadership in complex product markets while maintaining industry-leading revenue growth and operational excellence.
- Appointment of Randy J. Martinez expected to bring fresh perspectives and expertise.
- Martinez's background in aerospace and defense may strengthen Plexus's positioning in complex product markets.
- Potential concerns regarding continuity in leadership experience and changes in strategic direction.
NEENAH, WI, Aug. 02, 2021 (GLOBE NEWSWIRE) -- Plexus Corp. (NASDAQ: PLXS) announced today that Randy J. Martinez, former President and CEO of MTS Systems Corp. has joined Plexus Corp.’s Board of Directors. Prior to assuming the role of President and CEO at MTS in 2020 from his position as a Director of the company, Mr. Martinez held various leadership positions within the aviation, aerospace & defense and industrials industries. In addition to joining Plexus Corp.’s Board of Directors, Mr. Martinez will continue to serve on the Board of Directors for the National Defense Transportation Association, First Class Air Holdings and ACORN Growth Companies.
Dean Foate, Chairman of Plexus’ Board of Directors, commented, “We are excited to welcome Randy to Plexus’ Board of Directors. Randy brings with him a wealth of relevant expertise resulting from a distinguished 21-year career in the U.S. Air Force and multiple leadership positions in the aerospace & defense and industrial industries. Throughout his career, Randy demonstrated a focus on supporting organic growth through developing new and disruptive capabilities, expanding financial returns and delivering operational excellence. As Randy engages with our management team and our Board, we look forward to leveraging his insights and contributions to further expand our leadership in markets consisting of highly complex products with demanding regulatory requirements while sustaining industry leading revenue growth, operational performance and customer service excellence.”
Mr. Martinez holds a Bachelor of Science degree from the United States Air Force Academy. Mr. Martinez served with distinction in the U.S. Air Force for 21 years, retiring as a Colonel and Command Pilot and having held a wide variety of leadership roles, including command and senior staff positions. Mr. Martinez also holds Master of Science degrees from the University of Arkansas and the National Defense University.
Investor and Media Contact
Shawn Harrison
+1.920.969.6325
shawn.harrison@plexus.com
About Plexus Corp. – The Product Realization Company
Since 1979, Plexus has been partnering with companies to create the products that build a better world. We are a team of over 19,000 individuals who are dedicated to providing Design and Development, Supply Chain Solutions, New Product Introduction, Manufacturing and Aftermarket Services. Plexus is a global leader that specializes in serving customers in industries with highly complex products and demanding regulatory environments. Plexus delivers customer service excellence to leading companies by providing innovative, comprehensive solutions throughout a product’s lifecycle. For more information about Plexus, visit our website at www.plexus.com.
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