CHATSWORTH, CA – NEOTech, a leading provider of electronic manufacturing services (EMS), design engineering, and supply chain solutions in the high-tech industrial, medical device, and aerospace/defense markets, is pleased to announce the appointment of Rich Fitzgerald Jr. as the Chief Executive Officer of NEOTech's Industrial & Medical division.

The decision to appoint Mr. Fitzgerald follows an extensive and meticulous search process conducted by NEOTech executives and key stakeholders over the past few months. The primary objective was to identify a next- generation leader with a proven track record in leading professional management teams within the demanding high-technology sectors. This new leader had to be capable of steering the growth of NEOTech's Industrial & Medical division in the years to come.

Kunal Sharma, President and Chief Operating Officer of NEOTech, commented on the appointment, stating, “With his extensive background in electronics manufacturing operations, his leadership in assembling management teams that drive enhanced production efficiencies, and his impressive achievements in customer and revenue growth, Rich was the obvious choice to lead NEOTech's Industrial & Medical division into an exciting future for these high-tech product market segments.”

Mr. Fitzgerald’s selection became evident following a comprehensive evaluation of his past successes. Over the last two years, he served as a Global Executive and Consultant for numerous industry-leading corporations, where he made significant contributions to enhancing operational efficiency. Before that, as the Chief Operations Officer of SMTC Corp., he played a crucial role in driving continuous improvements in the company's operations, resulting in remarkable revenue growth. For several years prior to this, Mr. Fitzgerald held the position of Global Vice President of Operations and Supply Chain at Avnet Integrated, overseeing a $1.3 billion operation of Avnet, Inc.

Mr. Fitzgerald expressed his enthusiasm about joining NEOTech, saying, “NEOTech is an exceptional organization that plays a pivotal role in the success of some of the world's most respected OEMs in the High-Tech Industrial and Medical Device markets. It is an honor to be appointed as CEO of the Industrial & Medical division, and I am eager to join this exceptional team. I am strongly customer-centric, and throughout my career, I have prioritized organizational growth by exceeding customer expectations. NEOTech already has a strong track record of excellent customer service, so together, we are well- positioned to guide our customers towards elevated levels of production growth and the highest quality standards. I am eager to get back to the industry that I enjoy so well, and excited to reestablish the relationships I developed.”

With more than 40 years of heritage in electronics manufacturing, NEOTech specializes in high-reliability programs in the Aerospace and Defense industry, Medical Products, and High-Tech Industrial markets. NEOTech is well recognized as a premier EMS provider with in-depth experience manufacturing high- tech products and managing stringent US government requirements. For more information about NEOTech services, visit the company’s website at www.NEOTech.com 

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