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Date: Wednesday 07 May 2008

LONDON (ShareCast) - Designer and manufacturer of power solutions, Turbo Power Systems has appointed a former director from Ultra Electronics Group as its new chief executive officer.

Paul Summers, formerly managing director of Ultra Electronics’ Command & Control Systems unit, will assume the role of chief executive officer at the beginning of June, replacing Michael Hunt, who will step down from the board, though he will remain with the company as director of business development.

Prior to joining Ultra, Summers held management positions at Easams in Munich and Easams UK. He is a qualified engineer with over 20 years experience in high-tech and electronic systems companies.

“'Paul has a proven track record in running high-tech manufacturing businesses with hands on experience of controlling design, manufacture, finance and sales,” said Graham Thornton, chairman of Turbo Power Systems (TPS).

The company is still looking for a successor to its chief financial officer who left to take up a new role at solar company G24 Innovations. Richard Bayliss, who has served as Financial Controller at TPS since November 2005, was appointed as Finance Director last week.

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