- This month, Geldmacher will succeed current Electro Rent Global CEO Nigel Brown
- He will be based in Electro Rent’s headquarters located in West Hills, California
Electro Rent, a leader in test equipment services, announced the appointment of Jay Geldmacher as the company’s new Global CEO and President.
Geldmacher is a seasoned technology executive with over thirty years of experience in building and growing businesses within the electronics manufacturing industry. Most recently, he was the President and CEO of Artesyn Embedded Technologies (formerly Emerson’s Embedded Computing and Power Business) where he championed the expansion of engineering resources and investments in technology into new markets such as hyper-scale, 5G and Industry 4.0.
Taking up the new responsibility
This month, Geldmacher will succeed current Electro Rent Global CEO Nigel Brown, who is retiring from day-to-day service but will remain active as a shareholder, Chairman and key strategic advisor to the company. He will be based in Electro Rent’s headquarters located in West Hills, California.
Over the last 20 years, Brown has been instrumental in driving the company’s growth both organically and via M&A, expanding its footprint, creating industry-leading equipment services and most recently leading the successful integration of the Microlease and Electro Rent businesses.
Commenting on Geldmacher appointment, Brown is of the opinion that the new appointee is uniquely qualified to lead the business through its next phase of growth and evolution, building on the company’s position as the global test equipment services provider of choice. An optimistic Brown further stated that Geldmacher’s global technology background and experience developing deep customer relationships is a perfect fit for Electro Rent.