Press release, Business News – October, 2019
New Corporate Vice President at ficonTEC
Strong demand for assembly and test systems for photonic devices utilized in multiple existing and emerging markets has led ficonTEC to create a new position within top management. Stefano Concezzi takes over the role effective immediately.
Continued strong growth is universally forecast for the utilization of photonic devices across a number of existing as well as emerging – and societally important – hi-tech sectors, for example in telecom/datacom, IoT and automotive sensing. ficonTEC Service GmbH, the global leader for the assembly and testing solutions that are effectively indispensable for the production of photonic devices in any significant volume, is unsurprisingly experiencing this development firsthand.
With this trend signifying a substantial growth path so too for ficonTEC, appropriate tools and processes need to evolve within the company in order to realize the opportunities to the greatest extent. For this purpose, ficonTEC has created a new role within top management, Corporate Vice President, that is designed to provide ficonTEC with the necessary operative guidance in negotiating these global but application-driven distinct markets. Stefano Concezzi, PhD, takes over the role with immediate effect.
Stefano, a PhD Physics graduate of the University of Parma, Italy, brings deep experience of board-level management within global organizations, of international business development as well as sales and marketing, and of emerging sector revenue development and growth. Moreover, his experience is drawn from many of the sectors that directly intersect with ficonTEC’s previous and current activities – IoT, aerospace and automotive as well as innovation development for international projects.
Immediately previous to his new role, Stefano helped successfully guide the expansion of Eldor Corporation SpA (an Italian-based and diversified automotive manufacturer) into the USA. Before that, over a 14 year span, he held numerous key positions within National InstrumentsTM, being responsible in particular for profitably developing their offering and support for key international automotive suppliers and manufacturers, for the energy initiative sector, for scientific R&D and so too for so-called Big Physics (USDoE, CERN, ESRF, ITER, ELI and others). Taken together, Stefano brings with him the exact skills in leadership and global experience that the new role for ficonTEC requires.
ficonTEC CEO Torsten Vahrenkamp signals the importance of this new role for the company; ‘ficonTEC is exceptionally well positioned to supply the necessary high-volume assembly and test systems to these markets, but we need a particular blend of experience to ensure sustainable and dependable growth in parallel with our global customers’ needs. With the addition of Stefano to ficonTEC we are bringing someone into the company with comprehensive understanding of generating long-term growth in highly complex, innovative and disruptive product environments. Stefano will channel all of our cumulative assembly and test experience gained through the over 700 systems supplied to R&D, laser technology, communications and sensor sectors, and project this as a complete and thorough volume manufacturing proposition to the market.’
More details of ficonTEC’s product offering and involvement within different photonics-dependent sectors can be found at: