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Electro Optic Systems (ASX:EOS) appoints Dr Andreas Schwer as CEO – The Market Herald

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  • Defense, space and communications company Electro Optic Systems (EOS) appoints Andreas Schwer as its new CEO
  • The new appointment is effective from August 1, following the resignation of former CEO Ben Greene, who will now take up the role of Head of Innovation, earlier this month
  • For the past two years, Dr Schwer acted as President of EOS Europe, Middle East and Africa and, as such, has an extensive understanding of the company’s global operations
  • EOS Chairman Peter Leahy says Dr Schwer’s experience, capabilities and attributes make him the ideal person to lead the company
  • EOS shares are up 5.29 per cent trading at 90 cents at 11:15 am AEST.

Defense, space and communications company Electro Optic Systems (EOS) has appointed Andreas Schwer as its new CEO.

The new appointment is effective from August 1 and follows the resignation earlier this month of former CEO Ben Greene, who has accepted the company’s offer to take up the role of Head of Innovation.

For the past two years, Dr Schwer acted as President of EOS Europe, Middle East and Africa and, as such, has an extensive understanding of the company’s global operations.

He has reportedly had a long international career in the defence, manufacturing and space industries, which EOS Chairman Peter Leahy said made him the ideal person to lead the company.

“The board believes he has the right combination of experience, capabilities and attributes to lead EOS as we prioritize growth in our Defense and Space businesses,” Mr Leahy said.

Additionally, the incoming CEO is currently a board member and recently retired Non-Executive Chairman of ASX-listed Titomic (TTT).

No details of the new CEO’s remuneration were available at the time of publication.

EOS shares were up 5.29 per cent trading at 90 cents at 11:15 am AEST.

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