CEO Change at MTS Systems

MTS Systems is a provider of physical-testing instrumentation. Ms. Hamilton was named CEO in 2007 (see IBO 3/31/08). Earlier this year, the company announced that the US government was investigating it for making false statements on an export form (see IBO 8/15/11).

Eden Prairie, MN 8/25/11—MTS Systems Chairman and CEO Laura B. Hamilton has stepped down by mutual agreement, effective August 25. Board member William V. Murray has been named interim CEO. He was most recently president of ReShape Medical and, prior to that, served as president of Applied Biosystems’ Molecular Biology Division. Board member David J. Anderson, former president and CEO of Sauer-Danfoss, was named chairman. MTS will initiate a CEO search.

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