Adept Technology, a manufacturer of robotics equipment for various markets including solar, has added a new member to its board of directors by appointing Rob Cain as its new President and Chief Executive Officer.
Cain succeeds John Dulchinos who has resigned as President and Chief Executive Officer and as a director of the company.
Cain has been working with Adept for the past few months as an advisor, helping the company to draw up a restructuring plan. He is now leading the company’s strategy which focuses on profitable growth in both its traditional markets and its new mobile business.
“Rob came to our attention because of his strong execution skills, his proven ability to lead top performing teams and his track record in driving shareholder value,” said Mike Kelly, Adept's Chairman. “We have been impressed by his emphasis on a culture of accountability and execution as well as a vision for top and bottom line growth, developing internal talent while reaching outside for new skills. Additionally, his straightforward style and relentless positive energy is the kind of leadership we want at Adept.”