Photo Stencil Names New President and CEO

Photo Stencil announces that with immediate effect, Keith Favre is the company's new President and CEO. Favre will assume full stewardship for the company, which was recently acquired by Kachi Partners.

Favre, an SMT industry veteran, most recently served as Vice President of Marketing and Business Development with Speedline Technologies. At Speedline, he was part of the core management team that spearheaded a successful leveraged buyout and eventual sale to the current owner, Illinois Tool Works. He played an integral role in the company’s turnaround, while leading the worldwide marketing team in expanding bothproduct and geographical markets. During his 12 years with the company, he also held positions in product and sales management.

Prior to Speedline, Favre obtained a strong technical background serving as a manufacturing engineer with Fujitsu Network Transmission Systems. He holds a bachelor of science degree in mechanical engineering.

“Photo Stencil has a very strong infrastructure in personnel, product technology and markets,” says Favre. “This is an exciting opportunity, and I am looking forward to working with the management team and our customers to build on this foundation.”

Larry Heitz, former Photo Stencil CEO, will remain on the company’s board of directors, and Bill Moerbe will continue as Chief Operating Officer (COO) overseeing global operations.

www.photostencil.com