Excelsys boss retires

April 12, 2017 // By Nick Flaherty
Irish power supply developer Excelsys Technologies is restructuring its board as chief executive Gary Duffy retires at the end of June.

Conor Duffy, currently European sales manager, will take over as CEO but Duffy will remain an advisor to Excelsys and continue to sit on the Excelsys Board of Directors.

“After 11 years leading Excelsys, I’m looking forward to stepping back from the day-to-day operations of the business,” said Gary Duffy. “I took over in 2006, relocating the business from Dublin and establishing our headquarters in Cork. Since then we have built up a world-class global team of engineering, operations and sales personnel. With consistent double-digit annual growth rates, we have firmly established Excelsys as the number one modular configurable power systems designer and manufacturer in the world.”

“Conor was the Board’s choice to become the next CEO of Excelsys due to his extensive range of technical, commercial and financial experience within the wider technology sector and the electronics industry in particular,” said John Tracey, Chairman of Excelsys. “As European Sales Manager at Excelsys, he has built a deep understanding of our distribution network, our customers and our end-markets, giving him a clear strategic vision for Excelsys that will meet our demanding growth expectations.”

Conor Duffy joined Excelsys in 2010 as European Sales Manager. He holds an MSc in Technology Management from Smurfit Business School and is an honors Electrical & Electronic Engineering graduate of UCC.

“I am delighted to have been selected by the Board to lead Excelsys through its next phase of growth,” said Conor Duffy. “2016 was a stand-out year on quite a few fronts with a record number of both project wins and new project starts. We also released our CoolX, the world’s first convection-cooled modular platform and saw market reaction exceed all expectations. The short-to-medium-term horizon will see acceleration in new product release from the CoolX platform as we look to increase market penetration. We have a fantastic team here at Excelsys, which continues to grow. It’s an honor for me to take over as CEO