he terms of office for four of the existing Directors on the PSMA Board of Directors expired at the 2010 Annual Meeting. A total of five people were nominated and ran for the four available seats for the term 2010-2013.

PSMA Chairman, Dusty Becker, presided over the election with voting limited by the by-laws to the official representative from each Regular Member Company. A number of members had submitted absentee ballots and the election was very close.

Congratulations to the new PSMA Directors for the term 2010-2013!

The other nominee, Michel Grenon, from Gaia Converter Inc., was appointed to fill the unexpired term of Rob Hill, who is no longer working in the power sources industry. Rob had served ably as PSMA Secretary/Treasurer and Michel will now serve in that position. We thank Rob for his service and look forward to working with Michel.

Henry Lee

Henry Lee is currently Marketing Manager of the non-isolated DC-DC Point of load (POL) power module business at Murata Power Solutions. In that position, he developed a strategic plan, product roadmap, and investment plan to develop progressively innovative standard products to address the engineering community’s need for low voltage dc/dc power conversion to power the latest semiconductor ICs. 

Prior to his present position, he worked for Tyco Power Systems as marketing manager responsible for POL dc/dc module business development where he released a number of products with fairly high rate of success in terms of delivering products that helped engineers solve on-board power conversion problems with high return for the company.

Henry has a BSEE from the University of Texas at Austin and an MBA in Marketing from the University of Texas at Dallas. He also has a number of patents.

Provided by Henry Lee, Marketing Manager,
non-isolated DC-DC Point of load
(POL) power module business,
Murata Power Solutions, Inc.

John J. McManus

Background:

John holds a Master of Business Administration degree from Rutgers University and a Bachelor of Electrical Engineering from the University of Detroit.  He is currently a Consultant to the global Electronics and Renewable Energy Groups at Lincoln International, where he assists in publishing a quarterly Power Electronics Deal Reader and Stock Index and a Solar Energy Deal Reader and Stock Index.  Before joining Lincoln, he was a Managing Director in institutional research and banking at Needham & Company for 18 years, covering the Power Electronics industry and was twice nominated by the Wall Street Journal as the leading analyst in this sector.  Prior to joining Needham, he worked as an institutional research analyst at Prudential, William D. Witter, Lehman, and Bear Stearns.   As an investment banker, John was instrumental in the creation of Artesyn Technologies and in a number of important M&A transactions, including the acquisition of the commercial power supply operations of Magnetek by Power-One and the acquisition of Astrodyne by Audax.

Company

Lincoln International, a private investment bank formed in 1996, is the largest independent mid-market merger and acquisition firm in the US comprising 130 bankers, of which 55 are located overseas. Besides three offices in the US, Lincoln has offices in Frankfurt, London, Madrid, Paris, Vienna and Tokyo and strategic alliances in India and China. The Electronics and Solar Energy Group is one of nine major industry practices of the firm. Approximately 65% of the firm’s business is M&A with the remainder in advisory and capital raising/debt restructuring services. 30% of its M&A transactions are completed with foreign acquirers.  

Statement:

Provided by John McManus,
Consultant to Lincoln International

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