American Science Appoints New CEO - Analyst Blog
18 Março 2013 - 3:10PM
Zacks
Leading supplier of innovative X-ray inspection systems,
American Science and Engineering, Inc (ASEI)
recently announced the appointment of Charles P. Dougherty as its
President and Chief Executive Officer (CEO). Dougherty will hold
the new office from on Apr 8, 2013 after the existing President and
CEO, Anthony R. Fabiano, steps down from his position.
The newly appointed CEO is expected to drive American Science and
Engineering to newer heights. With his leadership traits, expertise
and experience of 30 years, he is expected to guide the company’s
business to unlock further value. Dougherty has experience in
building telecommunications, fiber-optic and
electronics-manufacturing businesses.
We believe that Dougherty’s sector know-how and expertise will
prove beneficial for American Science and Engineering. Dougherty
expects to steer the company on a growth momentum by completing the
ongoing projects as well as supporting the development and
execution of new strategic ideas for value creation.
At the beginning of his career with General Instrument, Dougherty
was successful in building it as one of the leading broadband
networking businesses. With the past experience in companies like
Tyco International Corp (TYC), where he played a
major role in restructuring of the company, Dougherty is expected
to bring in transformative changes in American Science and
Engineering and augment its revenues going forward.
American Science has experience in developing advanced X-ray
security systems. These technologies offer superior X-ray
threat detection for plastic explosives, plastic weapons, liquid
explosives, bombs and nuclear devices. American Science and
Engineering’s product line includes patented Z Backscatter
technology for Radioactive Threat Detection (RTD), high energy
transmission and dual energy transmission X-ray.
The company faces intense competition from other players in the
industry, which include formidable names such as Mistras
Group, Inc (MG). American Science currently has a Zacks
Rank #3 (Hold). One of its competitors, Siemens
Aktiengesellschaft (SI) carries a Zacks Rank #2 (Buy).
AMER SCI & ENG (ASEI): Free Stock Analysis Report
MISTRAS GROUP (MG): Free Stock Analysis Report
SIEMENS AG-ADR (SI): Free Stock Analysis Report
TYCO INTL LTD (TYC): Free Stock Analysis Report
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