Richardson Electronics, Ltd. (NASDAQ: RELL) today announced that Sandeep
Beotra has been appointed as the company's Executive Vice President,
Mergers and Acquisitions. He will report directly to Edward J.
Richardson, Chairman of the Board and Chief Executive Officer.
"We are extremely pleased to have Sandeep join our senior management
team. He has a proven track record in identifying and evaluating growth
opportunities and acquisitions as well as a wealth of highly relevant
experience in the technology and telecommunications sectors. His
background and expertise are in areas that meet our needs, including
advisory experience on mergers and acquisitions, transaction execution,
and relationship management. We believe that adding Sandeep to our
executive team will enable us to better capitalize on strategic growth
opportunities forRichardson Electronics," said Mr. Richardson.
Mr. Beotra spent the past eleven years with Morgan Joseph Triartisan
LLC, a middle market investment banking firm, where he most recently
served as Managing Director covering Technology and Telecommunications.
Mr. Beotra received an MBA in Finance from the University of Maryland
and earned his undergraduate degree from the Indian Institute of
Technology (IIT) in Electronics and Communication Engineering.
ABOUT RICHARDSON ELECTRONICS, LTD.
Richardson Electronics, Ltd. is a leading global provider of engineered
solutions, power grid and microwave tubes and related consumables, and
customized display solutions serving customers in the alternative
energy, aviation, broadcast, communications, industrial, marine,
medical, military, scientific and semiconductor markets. The Company's
strategy is to provide specialized technical expertise and "engineered
solutions" based on our core engineering and manufacturing capabilities.
The Company provides solutions and adds value through design-in support,
systems integration, prototype design and manufacturing, testing,
logistics, and aftermarket technical service and repair. More
information is available online at www.rell.com.
Richardson Electronics common stock trades on the NASDAQ Global Select
Market under the ticker symbol RELL.
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