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Posted on 388 CVD Equipment Corporation (NASDAQ: CVV), a leading provider of chemical vapor deposition systems and materials, today announced that Emmanuel Lakios, a 30-year veteran of the industry, has been named President and CEO, and that Director Lawrence Waldman has been appointed non-executive Chairman of the Board, both replacing Leonard Rosenbaum who had been serving in all three roles. “All of the independent Board members have made this decision based on our concerns about reduced sales and losses over the last several years, and we believe that in order to return to profitability and in the best interests of our shareholders, a change in leadership is required,” stated Waldman, adding that Martin Teitelbaum will no longer serve as General Counsel. ....
By Molly Burgess2021-01-25T15:25:00+00:00 CVD Equipment Corporation, a New York-based provider of chemical vapor deposition systems and materials, has named Emmanuel Lakios as its new President and CEO. Since joining CVD Equipment in 2017, as Vice-President Sales & Marketing, Lakios has been instrumental in establishing long-range strategic planning for diversification and growth within the company. Commenting on his appointment, Lakios, said, “CVD Equipment Corporation has a base of loyal, long-term customers and an expansive portfolio of technologies and products, supported by a talented and dedicated team of 120 employees.” “I am eager to work with the Board of Directors, all of whom have extensive experience in corporate governance and leadership, and our senior management team to maintain our position as an industry leader and explore new opportunities for growth and expansion.” ....