Teradyne Announces New President of Universal Robots
Teradyne, Inc. (NASDAQ:TER), today announced that Kim Povlsen has been appointed President of Universal Robots. Povlsen, a Danish native, brings global executive leadership from a high-tech and commercial perspective and will lead Universal Robots next stage of growth and innovation. His appointment reinforces Teradyne s commitment to Universal Robots Danish origin and its role in further developing the local robotics community. Kim begins his new role at Universal Robots on March 1, 2021.
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Kim Povlsen, a Danish native, brings global executive leadership from a high-tech and commercial perspective and will lead Universal Robots next stage of growth and innovation. (Photo: Business Wire)
Universal Robots president to step down
Jürgen von Hollen is leaving the company at the end of the year, to be temporarily replaced on Jan. 1 by Gregory Smith. December 16, 2020 Canadian Plastics
Jürgen von Hollen (left) and Gregory Smith. Photo Credit: Universal Robots
Jürgen von Hollen, the president of Universal Robots (UR), will be stepping down at the end of 2020 after four years of leading the company.
In a statement, UR officials said that von Hollen has decided to leave the Danish company effective December 31, 2020 for a new endeavor “in a non-competitive field.” He has served as president of UR since October 2016.
The 50,000
th cobot came special delivery as Jürgen von Hollen, president of Universal Robots, personally handed over the cobot to VEMA technische Kunststoffteile GmbH and VEMA Werkzeug- und Formenbau GmbH located in Krauchenwies-Göggingen, Germany, at a ceremony held at VEMA. “We have worked very hard in the past 15 years to develop an entirely new market segment with a mission to enable especially small- and medium-sized companies to automate tasks they thought were too costly or complex,“ says von Hollen, emphasizing how UR has created a new global distribution network, a new ecosystem of developers, and ultimately a completely new business model. “As a pioneer in this market, we put a lot of work into creating awareness, influencing standards, and changing customers’ perceptions influenced by their experience of traditional robots.”
Universal Robots reaches industry milestone bignewsnetwork.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bignewsnetwork.com Daily Mail and Mail on Sunday newspapers.
December 14, 2020
Collaborative robot pioneer Universal Robots (UR) has sold its 50,000
th cobot in its 15
th year of operation.
The milestone comes at a time when company president Jürgen von Hollen is stepping down from the role after four years. Gregory Smith, president of Teradyne’s Industrial Automation Group, will fill the position on Jan 1, 2021, until a new leader is named. Teradyne is UR’s parent company.
“We have come far, but there is still an immense potential in the market both for well-known and completely new cobot applications,” said von Hollen. “With our unrivaled installed base, we are constantly learning from our customers, leveraging a very data-driven approach in the development of our cobots. This is an approach I believe will help keep us leading the field in the years to come.