AMHERST, N.Y.--(BUSINESS WIRE)--Aug. 6, 2015-- Allied Motion Technologies Inc. (NASDAQ:AMOT) today announced that effective August 10, 2015, Rob Maida, currently the Chief Financial Officer of Allied Motion, will be moving to the newly created position of Vice President of Operational Excellence and concurrent with this change, Mike Leach will become the new Chief Financial Officer of the company.

Rob has a strong passion for lean, is a certified Lean Master, and has developed a strong lean skill set while working for Danaher Motion, Zodiac Aerospace and Allied Motion over the last 15 plus years. His experience and expertise in both finance and lean, combined with the solid working relationships Rob has built throughout Allied, will be invaluable as he embraces the challenges of this new position. In his position, Rob will be directly responsible for leading and promoting our culture of continuous improvement through the implementation of Allied Systematic Tools (AST) on a world-wide basis and in all areas of our business. Rob will also oversee the company’s Information Technology function.

Mike comes to Allied Motion from Osmose Holdings, Inc. where he served as the Executive Vice President and Chief Financial Officer for the last six years. Prior to that, he was with Cytec Industries for eight years where he progressed to the position of North American Operations Controller for Cytec Specialty Chemicals and eight years with Belko Corporation, a division of Alco Industries, where he was the VP of Finance and Administration.

Mike graduated from the State University of New York at Buffalo with a Bachelor of Science degree in Accounting and from the Rochester Institute of Technology with a Master of Business Administration with a concentration in Finance. Mike brings vast experience in all aspects of the finance function along with a strong background in international businesses with multi-division company structures. His significant larger company experience, specifically with fast growth companies, where acquisitions were an instrumental part of their growth strategy, aligns well with Allied to achieve the aggressive strategic growth goals of the company.

Allied Motion designs, manufactures and sells motion control products into applications that serve many industry sectors. Allied Motion is a leading supplier of precision and specialty motion control components and systems to a broad spectrum of customers throughout the world.

The statements in this press release that relate to future plans, events or performance are “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements include, without limitation, any statement that may predict, forecast, indicate, or imply future results, performance, or achievements, and may contain the word “believe,” “anticipate,” “expect,” “project,” “intend,” “will continue,” “will likely result,” “should” or words or phrases of similar meaning. Forward-looking statements involve known and unknown risks and uncertainties that may cause actual results of the Company to differ materially from the forward-looking statements. Actual results, events and performance may differ materially. Readers are cautioned not to place undue reliance on these forward-looking statements as a prediction of actual results. The Company has no obligation or intent to release publicly any revisions to any forward looking statements, whether as a result of new information, future events, or otherwise.

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Source: Allied Motion Technologies Inc.

Allied Motion Technologies Inc.
Rob Maida, 1-716-242-8634
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Sue Chiarmonte, 1-716-242-8634