Effective July 23, Hartmut Liebel is a new member of Power-One’s board of directors. His appointment brings the company’s number of independent directors on the board to six out of the nine board seats. Liebel is the executive VP for Jabil Circuit and CEO of Jabil’s aftermarket services group.
Before his tenure with Jabil, Liebel acted as director of business development at Artesyn Technology and held management positions at WR Grace and Merrill Lynch. Liebel received his MBA from the University of Notre Dame and holds the Charter Financial Analyst designation.
"We are delighted to welcome Hartmut Liebel to our Board of Directors," said Jay Walters, chairman of Power-One. "Hartmut brings significant knowledge of global operations to Power-One, having led growth initiatives that expanded Jabil Aftermarket Services from a regional company to an industry leading worldwide service organization in less than ten years. His experience in growing a global repair and warranty service operation will be particularly beneficial as Power-One expands its service capabilities into new geographies. We look forward to his contributions as a Director."