GatesAir Announces Argyris' Retirement, New CEO

Bruce Swail named chief executive of the Ohio manufacturer
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CINCINNATI, Ohio �GatesAir has appointed Bruce D. Swail as the company�s next chief executive officer effective immediately. Swail takes over for current CEO Phil Argyris, who is retiring but will remain with GatesAir during the transition.�

Swail has more than 35 years of telecom and electronics experience, most recently as the CEO of Ulticom Inc., a private equity-held provider of telecom signaling solutions; and US Robotics, a data communications vendor, also private equity-held. Earlier in his career, Swail was an executive at Flextronics and spent 20 years with Motorola where he led global manufacturing and technology businesses ranging in size from $30 million to $1.5 billion.�

John Danner, chairman of GatesAir and managing director at The Gores Group, said Swail is a �perfect fit� for GatesAir as it enters this �exciting and challenging period in the broadcast equipment industry,� while thanking Argyris for his 14 years of leadership.

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