Tuesday, 3 October 2017

Veteran in embedded electronics appointed CEO.

Abaco Systems (“Abaco”), a provider of leading-edge rugged, embedded mission-ready systems, today announced the appointment of Rich Sorelle as Chief Executive Officer, effective immediately. Abaco is a portfolio company of Veritas Capital.

Rich Sorelle
“The embedded computing market is at a vibrant and exciting stage,” said Mr. Sorelle. “Over the past two years, Abaco has established itself as a leading, independent provider of advanced computing and radio frequency systems, and I’m excited to help the company enter its next stage of growth and capitalize on the significant opportunities in the market. We will continue to invest in our core offerings and partner with customers to deliver the next generation of capabilities critical to their continued success.”

Mr. Hugh D. Evans, a Managing Partner of Veritas Capital, said, “We are pleased to welcome Rich as Abaco’s new leader, based in Huntsville. Rich’s wide-ranging expertise in the defense electronics markets, proven track record of capturing transformational new program wins, deep relationships with aerospace, defense and government customers, and successful history of new product introductions and operational excellence will advance Abaco’s position in the rapidly accelerating embedded computing market. Rich will drive the Company’s growth and deliver innovative technology solutions to the nation’s most critical programs and systems.”

Mr. Sorelle brings over 30 years of experience as a defense electronics executive across a variety of roles, with deep professional experience in manufacturing, engineering, program management, and business development. He joins Abaco from a 20-year career at ITT/Exelis, where he most recently served as President of the Electronic Systems division. In this role, Mr. Sorelle was responsible for creating and managing a strategic platform focused on Electronic Warfare. Mr. Sorelle started his career at Grumman Corporation, a predecessor of Northrop Grumman, and received a Bachelor of Science degree in Electrical Engineering from the New York Institute of Technology.

@AbacoSys #PAuto

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