Elgar Corp. (San Diego, CA) announced the appointment of Joseph Budano as President and CEO. Kenneth Kilpatrick, who has led the company since 1991, will be assuming the position of Vice Chairman of the Board.
"Joe brings a terrific combination of strategic thinking and operational management skills that will accelerate our growth in the coming years," said Kilpatrick. "Joe’s got a great track record of creating sustained growth through customer-driven product innovation. This is good news to our customers and our industry."