The board of directors of Adept Technology a provider of intelligent robots and autonomous mobile solutions and services appointed Rob Cain as president and chief executive officer following the resignation of John Dulchinos, who was also a director of the company.
Adept solutions help customers achieve precision, speed, quality and productivity in their assembly, handling, packaging, testing, and logistical processes through its robotics solutions.
Mike Kelly, Adept’s chairman, said, “Rob came to our attention because of his strong execution skills, his proven ability to lead top performing teams and his track record in driving shareholder value.”
“We have been impressed by his emphasis on a culture of accountability and execution as well as a vision for top and bottom line growth, developing internal talent while reaching outside for new skills. Additionally, his straightforward style and relentless positive energy is the kind of leadership we want at Adept,” Kelly added.
Leveraging his long experience in the high tech and capital equipment industries sector, Cain is expected to augment the company’s growth and revenue. He has an educational background in mechanical engineering and also graduate business education.
Previously he has successfully served companies helping them return to double digit growth as in the case of Telanetix where he served as the COO. Before that he was instrumental in the growth of Avure Technologies as the SVP of Operations. He is also a Hale Capital Partners Operating Partner.
He has already served Adept in an advisory capacity for some months. He was the primary architect of the restructuring plan adopted by the company. Cain is expected to guide the company towards achieving its corporate vision towards a growth trajectory in traditional markets as well as in new mobile business markets.
Rob Cain commented, “Adept is one of the world’s great automation companies and a global brand, with a proud history of innovation, outstanding talent and market leading positions in many of its product lines and services. It’s an honor to join its leadership team and have the opportunity to build on its success.”
Recently the company announced the launch of the Adept Lynx, a self-navigating Autonomous Indoor Vehicle (AIV) designed for moving material from point to point in challenging environments that may include confined passageways as well as dynamic and peopled locations.
Edited by Rich Steeves