Columbia, MD (December 1, 2010)--Rohde & Schwarz has named Scott Bausback as president and CEO, succeeding Wolfgang Schmittseifer, who has served as CEO since June 2003.
Schmittseifer will now return to the company's corporate headquarters in Munich, Germany to take on new responsibilities at a global level.
Bausback has served as COO of the company since December 2009, reporting directly to Schmittseifer, and brings more than 25 years of experience in the test and measurement industry to this position. Previously, he held a variety of sales and marketing management positions during an 18-year tenure at Tektronix.
"Scott's experience and understanding of the market has been invaluable in successfully guiding a key strategic sales region through one of the most challenging economic periods in recent times," said Schmittseifer. "The Executive Board feels confident that his experience, industry insight and customer-focused approach will position Rohde & Schwarz to meet our future goals and objectives."
Bausback noted, "Rohde & Schwarz has emerged from the economic crisis in a very strong position. The investment in new products and R&D puts us in a strong position to maintain the momentum, and I'm looking forward to working with a great team to focus on our strengths and continue our sustained growth."
Rohde & Schwarz