Aetrium appoints Daniel Koch and Paul Askegaard to Board of Directors

– USA, MN – Aetrium Incorporated (Nasdaq:ATRM) today announced that Daniel M. Koch, the Company’s Vice President – Marketing, has been appointed President and Chief Executive Officer, and Paul H. Askegaard, the Company’s Chief Financial Officer, has also been appointed Secretary, each effective as of November 15, 2013. Messrs. Koch and Askegaard have also been elected to the Company’s Board of Directors, effective as of November 15, 2013.

Joseph C. Levesque retired from the positions of President and Chief Executive Officer, and resigned from the Company’s Board of Directors, effective as of November 15, 2013. Douglas L. Hemer resigned from the position of Secretary and from the Company’s Board of Directors, effective as of November 15, 2013. Darnell L. Boehm also resigned from the Company’s Board of Directors, effective as of November 15, 2013.

“We are excited about the management changes and board additions. The Board and management are committed to maximizing shareholder value,” said Jeffrey E. Eberwein, Aetrium’s newly-elected Chairman of the Board.

Following these changes, the Company’s Board of Directors is composed of Messrs. Koch and Askegaard, Jeffrey E. Eberwein, Richard K. Coleman, Jr. and Galen Vetter.

Aetrium, based in North St. Paul, Minnesota, is a supplier of handling equipment used by the worldwide semiconductor industry to test ICs. The company’s products are used by customers to improve efficiency and provide thermal environments for devices during test, including MEMS test environments. Aetrium’s common stock is publicly traded on the Nasdaq market under the symbol ATRM.

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Talent4Boards Team