Integrex chairman Carleton takes on firm’s CEO duties

  • Tuesday, February 12, 2002 9:00pm
  • Business

Herald staff

BOTHELL — Integrex chairman John Carleton will take on the additional duties of chief executive of the company, which makes electronic parts on contract.

Carleton replaces Ted Volberding, who will fill the new position of chief technical officer.

In a prepared statement, officials said Carleton will lead the company as it moves into its next stage of accelerated growth and financing.

"Integrex is positioned to double its revenues this year," Carleton said. "All the pieces are in place. We have the capital financing, the management team and the broad customer base to be very successful."

He said the company is one of the fastest growing of its type in the West, with a customer base consisting of emerging technology companies in networking and telecom infrastructure and medical and industrial accounts.

In his new role, Volberding will play an active role in the company’s tactical growth, officials said.

"We are working hard to expand the service offerings we provide customers, including seamless manufacturing services and distribution options both here and abroad," Volberding said. "We have enormous opportunities ahead and are now in a strategic position to make the most of them."

Carleton brings a broad background in manufacturing, finance and corporate development to his new position.

As a senior vice president of Benaroya Capital Co., he has been instrumental in the financing and governance of Integrex since its inception. Prior to joining Benaroya in 1995, Carleton served as senior vice president of GE Capital Equity Capital Group Inc. in Stamford, Conn.

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