Teradyne, Inc. (NASDAQ:TER), has announced that Kim Povlsen has been appointed President of Universal Robots. Povlsen, brings global executive leadership from a high-tech and commercial perspective and will lead Universal Robots’ next stage of growth and innovation. Kim begins his new role at Universal Robots Head Office in Denmark on March 1, 2021.
“I am delighted to introduce Kim Povlsen as the new President of Universal Robots” said Greg Smith, President of Teradyne’s Industrial Automation Group, and acting President of Universal Robots. “Kim combines a fantastic track record as a dynamic executive with a background in and a tremendous passion for robotics. With Kim on board, Universal Robots is poised to strengthen its leadership in the global market for collaborative robotics. With Kim’s leadership, we can accelerate the growth in new applications and market growth for cobots.”
Kim has held various executive business and technology leadership roles at Schneider Electric, a global energy management and automation company. Most recently, he served as Vice President, Strategy & Technology, responsible for the technology strategy and execution within a multi-billion Dollar global organization. “I have been impressed with Universal Robots for some time” said Kim. “To me, the company represents the pinnacle of innovation and potential and I was thrilled to be approached for this unique leadership role. The company not only pioneered the category of collaborative robots, created an ecosystem of partner technology solutions and a vast global distribution network to serve customers in their varied industrial automation needs, it also has the potential to fundamentally reshape automation across the global economy. I really look forward to working with, learning from and being part of the great people at Universal Robots.”
This announcement is of great significance to subsidiaries across the globe as it looks to strengthen all market positions, says James McKew, Regional Director for Universal Robots Asia-Pacific: “As a customer-centric company with a globally united vision, we look forward to the wealth of knowledge and strategic leadership that Kim Povlsen will bring to our company.”
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