GSI Group Inc. Announces Robert Buckley to Become Chief Financial Officer

Date Announced: 11 Feb 2011

New CFO follows CEO in joining the laser company from Perkin Elmer.

BEDFORD, Mass., Feb. 11, 2011 /PRNewswire/ -- GSI Group Inc. (Pink Sheets:LASR.pk - News), a leading supplier of precision technology to the global medical, electronics, and industrial markets and semiconductor systems, announced today that Robert Buckley has agreed to join the company as Chief Financial Officer. After a brief transition period, during which he will serve in an advisory capacity, Mr. Buckley will become GSI's Chief Financial Officer by early April 2011. Mr. Buckley will succeed Glenn Davis, who has served as the Company's principal financial officer since April 2010. In his capacity as Chief Financial Officer, Mr. Buckley will provide direction for all financial matters related to GSI.

"I am delighted that Robert will join my team as Chief Financial Officer," said John Roush, GSI Group's Chief Executive Officer. "I have known Robert for over 10 years, and worked very closely with him during my time at PerkinElmer. I am very happy to have him join the GSI team and help to lead the company forward in the coming years. I would also like to thank Glenn Davis for his dedication and contributions to GSI during the past two years. Glenn successfully steered the Company's financial reporting through a very difficult period. We are grateful for his efforts," added Mr. Roush.

Mr. Buckley joins GSI after a successful 10-year career with PerkinElmer, Inc., where he served in several financial positions of increasing responsibility. In 2005, he was named chief financial officer and controller of PerkinElmer's operations in Asia; and most recently served as vice president and chief financial officer of PerkinElmer's $1 billion Environmental Health business.

Prior to joining PerkinElmer, Mr. Buckley held several management positions with Honeywell International, Inc. and was an advisor at Georgeson & Company, Inc. Mr. Buckley holds a Bachelor of Arts degree in finance from Manhattanville College and a Master of Business Administration from University of California, Los Angeles (UCLA) Anderson School of Management.

Source: GSI Group

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