FANUC Robotics' Mittelstadt to Retire
7 October 1998
FANUC Robotics' Mittelstadt to Retire; Succeeded as CEO By Rick SchneiderROCHESTER HILLS, Mich., Oct. 6 -- Eric Mittelstadt, chairman and CEO of FANUC Robotics North America, Inc., today announced that he will retire after 16 years at the helm of North America's leading supplier of robots and robotic systems. Mittelstadt's retirement is effective December 31, 1998. Effective January 1, 1999, Rick Schneider, 42, will become president and chief executive officer. He has served as president and chief operating officer since 1997, with the entire FANUC Robotics management team reporting to him. Prior to that, in his nearly 15 years with FANUC Robotics, Schneider held a variety of management positions both domestically and internationally, and in 1996 was named senior vice president, responsible for all sales, applications and systems execution of the company. Mittelstadt, 62, will remain a business advisor to the company and will hold the title chairman emeritus. He will continue to represent the company through his participation in civic and professional organizations such as the International Federation of Robotics, National Coalition for Advanced Manufacturing (NACFAM), Oakland County Business Roundtable, and Detroit Regional Chamber of Commerce. "I look forward to what the future holds -- both for me and for FANUC Robotics," said Mittelstadt. "I've been fortunate to have had a role in the phenomenal growth of this company and the entire robotics industry. When the company was founded in 1982, we had 70 employees. Today, we have more than 1,000 working throughout the United States, Canada and Latin America. And that is what I will miss most about FANUC Robotics -- the people. Now, as I prepare to step down, I am confident that the company will thrive under the leadership of Rick Schneider. The vision and effectiveness he has demonstrated as president and COO for more than a year now, combined with the strong FANUC Robotics management team, will continue to guide the company in the years ahead." "During 1998, we've placed a great deal of emphasis on strengthening FANUC Robotics' infrastructure," said Schneider. "Key projects have included the opening of six new or expanded facilities throughout the North America/Latin America region, the implementation of an ISO 9001 quality system and a BaaN Enterprise Resource Planning System, and the introduction of several new products including a new robot controller platform. For 1999, the company's emphasis will be on utilizing the infrastructure put into place in 1998 to improve overall customer satisfaction, thereby focusing the whole company even more on the customer." FANUC Robotics North America, Inc., headquartered in Rochester Hills, Mich., is the North American robotics industry leader, with 1997 sales of approximately $370 million. A subsidiary of FANUC LTD in Japan, the company also has facilities in Chicago, Illinois; Los Angeles, California; Charlotte, North Carolina; Cincinnati and Toledo, Ohio; Toronto, Ontario; Montreal, Quebec; Mexico City and Aguascalientes, Mexico; and Sao Paulo, Brazil.