Scott Bausback Appointed President and CEO of Rohde & Schwarz, Inc.
Columbia, MD, November 4, 2010 - Rohde & Schwarz today announced that Scott Bausback will succeed Wolfgang Schmittseifer as President and Chief Executive Officer of Rohde & Schwarz, Inc. Schmittseifer has served as CEO since June 2003 and will now return to the company's corporate headquarters in Munich, Germany to take on new responsibilities at a global level.
Bausback has served as COO of the company since December 2009 reporting directly to Schmittseifer, and brings more than 25 years of experience in the test and measurement industry to this key position. He held a variety of sales and marketing management positions during an18-year tenure at Tektronix Inc. In 1998 he was named Vice President and General Manager of their Communications Business Unit. In 2001 he joined LeCroy Corporation as Executive Vice President and Chief Operating Officer.
"Scott's experience and understanding of the market has been invaluable in successfully guiding a key strategic sales region through one of the most challenging economic periods in recent times," said Wolfgang Schmittseifer. "The Executive Board feels confident that his experience, industry insight and customer-focused approach will position Rohde & Schwarz to meet our future goals and objectives."
Bausback said, "Rohde & Schwarz has emerged from the economic crisis in a very strong position. The investment in new products and R&D puts us in a strong position to maintain the momentum and I'm looking forward to working with a great team to focus on our strengths and continue our sustained growth.
He was COO at LeCroy from 2001 to 2007, followed by a series of T&M industry management consulting assignments. Bausback holds a B.S. from Rutgers College of Engineering, from which he graduated cum laude.
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Rohde & Schwarz
Rohde & Schwarz is an independent group of companies specializing in electronics. It is a leading supplier of solutions in the fields of test and measurement, broadcasting, radiomonitoring and radiolocation, as well as secure communications. Established more than 75 years ago, Rohde & Schwarz has a global presence and a dedicated service network in over 70 countries. It has approx. 7400 employees and achieved a net revenue of 1.3 billion (US$ 1.6 billion) in fiscal year 2009/2010 (July 2009 to June 2010). Company headquarters are in Munich, Germany.