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CTS Names Schroeder VP Business Development and CTO

11 January 2000

CTS Corporation Names Donald R. Schroeder Vice President Business Development and Chief Technology Officer

    ELKHART, Ind.--Jan. 11, 2000--Donald R. Schroeder has been named Vice President Business Development and Chief Technology Officer of CTS Corporation according to an announcement today by Joseph P. Walker, CTS Chairman, President and Chief Executive Officer. Schroeder has served as Vice President Sales and Marketing for CTS since 1995. In his new capacity, he will manage and direct CTS Corporation in implementing and achieving its technology objectives based on long-term product and profitability goals; will develop Company-wide strategic business plans to achieve Corporate objectives for products and services; and will work with CTS sales, marketing and product development to discern the competitiveness of new technologies. Additionally, Schroeder will manage CTS Corporate Research, Development and Engineering, with responsibility for the department's overall direction; and will play a key role in the planning, directing, investigation and negotiation of mergers, joint ventures and acquisitions for the Corporation.
    Schroeder is a 1971 graduate of the University of Wisconsin where he received his B.S. degree in Chemistry. He earned an M.S. in Chemistry and Physics from Iowa State University and an M.B.A. from Aurora College. In 1973, he joined the CTS Frequency Controls business, Sandwich, Illinois, as a Process Engineer. He later served as Assistant General Manager of the Frequency Controls facility. In 1977, Schroeder transferred to CTS' Microelectronics business in West Lafayette, Indiana, as Assistant General Manager and later served as General Manager. He was named Business Development Manager for CTS Microelectronics, in 1989, where he was involved in securing proprietary license agreements on behalf of CTS Corporation as well as investigating potential CTS acquisitions.
    During his career, he has chaired numerous advanced electronics packaging conferences, including Electro, ISHM (now IMAPS) and NEPCON. He has presented a number of technical papers at electronics symposiums, including Electro, IEPS (International Electronics Packaging Society), ISHM, NEPCON and SMTA (Surface Mount Technology Association). Mr. Schroeder holds two U.S. patents in the area of electronics packaging technology.
    CTS Corporation designs, manufactures and sells a broad line of electronic components and custom electronic assemblies for OEM customers primarily in the communications equipment, automotive and computer equipment markets worldwide. CTS operates manufacturing facilities in the United States, Canada, Mexico, Scotland, Singapore, Taiwan and China. For additional information, visit our website at www.ctscorp.com.