Tom Deitrich Joins Itron as Chief Operating Officer
Deitrich to Conduct Review of Operational Processes and Strategies to Enhance Performance and Drive Value Creation
Itron Retaining Leading Global Consulting Firm to Support Operational Review
"I am pleased to welcome Tom to Itron's executive team. With his proven
track record of driving operational excellence and technology
innovation, Tom's leadership will be instrumental in improving
performance and profitably growing Itron," said
As one of his first priorities, Deitrich will conduct a thorough
evaluation of Itron's operations and recommend steps to enhance the
company's operational and financial performance.
-
Refining Itron's Manufacturing and Supply Chain Strategy:
Itron will conduct a comprehensive evaluation of its manufacturing strategy, as well as review the effectiveness of its manufacturing footprint and supply chain to identify opportunities to further balance capacity and strategic sourcing, optimize inventory efficiency, enhance quality and lower costs. -
Improving R&D Efficiency:
Itron will conduct a comprehensive evaluation of its R&D processes and programs to identify opportunities to enhance efficiency and maximize returns on the company's R&D investments. Global adoption of smart metering and smart grids is accelerating, andItron will continue to target investments in innovative hardware, networks, software and services that enable smart cities, power the Internet of Things and best position the company for future growth.
In addition to the company's evaluation of operational processes and
strategies,
"Since being appointed as Itron's next COO, I have had the opportunity
to become even more familiar with this innovative and exciting company,"
said Deitrich. "Itron is a very strong company with unmatched breadth of
technology, deep industry expertise and unique solutions for the many
business challenges our customers face. Executing these initiatives will
generate greater value for all of our stakeholders and position
About
Deitrich brings more than 20 years of experience in global operations at
leading technology firms and has held a number of executive management
roles where he led business-level strategies that transformed and
significantly grew organizations during times of changing market
conditions. Deitrich has held executive and senior leadership positions
at, among other companies,
About
Itron® is a registered trademark of
View source version on businesswire.com: http://www.businesswire.com/news/home/20151008006333/en/
Vice President, Corporate
Marketing and Public Affairs
509-891-3524
sharelynn.moore@itron.com
or
Vice President, Investor Relations
509-891-3443
barbara.doyle@itron.com
Source:
News Provided by Acquire Media