CA-TOPCON-POSITIONING
Topcon Positioning Systems has announced that Ray O’Connor, president and chief executive officer, will retire in September 2025 after over three decades of exceptional leadership. O’Connor will transition to the role of Chairman of the Topcon Positioning Systems Board of Directors effective September 1, 2024, providing guidance and support to the executive leadership team during this important year of transition.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240821428653/en/
(Photo: Business Wire)
Succeeding O’Connor as president and CEO is Ivan Di Federico, who currently serves as executive vice president and chief strategy officer for Topcon Positioning Systems. After two decades with the company, Di Federico will assume his new role on September 1, 2024.
“It has been a true privilege to lead Topcon Positioning Systems for the past three decades and witness the incredible growth and evolution of the company,” said Ray O’Connor. “I am immensely proud of what our team has accomplished, and confident that Ivan is the right leader to take the company into the future. His deep technical expertise, strategic vision, and proven track record of driving innovation make him the ideal choice to lead the company through its next chapter of growth and success.”
Under O’Connor’s leadership, Topcon Positioning Systems has experienced dramatic organic growth and expansion into new markets and product lines. During his tenure, he was responsible for numerous key acquisitions, as well as the expansion into GNSS, radios, machine automation, and global positioning software and workflow solutions for the construction and precision agriculture industries.
“Ray has made significant contributions to the global positioning industry through his many patents, inspired by his product vision and application experience — I am honored to succeed him as president and CEO of Topcon Positioning Systems,” said Ivan Di Federico. “Ray has built an exceptional company and a talented team, and I look forward to building upon this strong foundation to drive continued innovation and growth. As we navigate an increasingly complex and rapidly evolving market landscape, I am confident that our strategic focus, operational excellence, and world-class solutions will position the company for continued success.”
In addition to the leadership transition, Topcon also announced that Philip Thach will be promoted to executive vice president (EVP) chief operating officer, and EVP chief financial officer, effective September 1, 2024. Thach joined Topcon in 2018 as CFO and has been instrumental in developing financial controls, strategic planning, and operational efficiencies.
The announcement of these executive leadership changes reflects Topcon’s commitment to a thoughtful and well-planned succession process that will ensure a smooth transition and continued momentum for the company, while maintaining its customer-centric culture and values. With a strong leadership team in place, Topcon is poised to build on its history of innovation and market leadership.
For more information on Topcon Positioning Systems, visit topconpositioning.com.
About Topcon Positioning Systems
Topcon Positioning Systems is an industry-leading designer, manufacturer and distributor of precision measurement and workflow solutions for the global construction, geospatial and agriculture markets. Topcon Positioning Systems is headquartered in Livermore, California, U.S. (topconpositioning.com, LinkedIn, Twitter, Facebook, Instagram). Its European head office is in Zoetermeer, Netherlands. Topcon Corporation (topcon.com), founded in 1932, is traded on the Tokyo Stock Exchange (7732).
To view this piece of content from cts.businesswire.com, please give your consent at the top of this page.
View source version on businesswire.com: https://www.businesswire.com/news/home/20240821428653/en/
About Business Wire
Subscribe to releases from Business Wire
Subscribe to all the latest releases from Business Wire by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from Business Wire
Frontline International Names Zack Palazzo Vice President of Sales and Finance26.8.2025 20:14:00 CEST | Press release
Frontline International, a leading maker of smart solutions for management of fats, oils, and grease in restaurants and commercial kitchens, has promoted Zack Palazzo to vice president of sales and finance. Palazzo has been with the company for more than a decade, previously serving as director of sales and finance. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250826298027/en/ Zack Palazzo, Vice President of Sales and Finance A Purdue University graduate with a degree in industrial technology, he earned his MBA from Kent State University. In his new role, Palazzo will continue to lead sales efforts while taking on increased responsibility for the company’s financial health. He will focus on driving business growth, supporting customers, and developing strategies for long-term success. Palazzo has deep experience overseeing a range of initiatives focused on developing Frontline’s customer base, growing sales, and enhancing
Rigaku Launches Sales of the XHEMIS TX-3000, a TXRF Analytical System for Leading-edge Semiconductor Processes26.8.2025 16:00:00 CEST | Press release
Rigaku’s market dominance in TXRF technology powers up to 6× acceleration in analytical performance Rigaku Corporation, a global solution partner in X-ray analytical systems and a Group company of Rigaku Holdings Corporation (headquarters: Akishima, Tokyo; CEO: Jun Kawakami; hereinafter “Rigaku”) has launched sales of the XHEMIS (pronounced “ZEM-mis”) TX-3000, a total reflection X-ray fluorescence (TXRF) system that supports analysis of trace contamination on wafer surfaces in semiconductor manufacturing. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250826707850/en/ Measurement result of surface contaminant distribution Rigaku protects the quality with TXRF technology, a field where it holds overwhelming market share Analysis of trace contaminants on wafer surfaces is vital to semiconductor manufacturing. As production steps become increasingly detailed and quality standards grow ever more stringent, this process plays a s
Afton Chemical Launches HiTEC® 65522 Gasoline Performance Additive Series Approved for TOP TIER+™ Gasoline26.8.2025 15:16:00 CEST | Press release
Afton Chemical Corporation, global leader in Gasoline Performance Additives (GPA), is proud to announce the launch of its HiTEC® 65522 GPA series, now approved for use in TOP TIER+™ gasoline. This innovative additive series is designed to meet the evolving needs of modern engine technology, particularly Gasoline Direct Injection (GDI) engines, which are now utilized in 74% of new vehicles in North America, according to the U.S. EPA recent automotive trends report. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250819002273/en/ Afton Chemical Headquarters, Richmond, VA USA Twenty years ago, a group of original equipment manufacturers (OEMs) established the voluntary TOP TIER™ standard to enhance fuel detergency and optimize engine performance. Recognizing the advancements in engine technology and the need for updated standards, these OEMs have introduced the revised TOP TIER+™ standard. This new standard includes additional r
MariaDB Accelerates Cloud Deployments, Adds Agentic AI and Serverless Capability with Acquisition of SkySQL26.8.2025 15:00:00 CEST | Press release
Move delivers flexible cloud and hybrid solutions for AI-driven workloads MariaDB plc today announced it has acquired SkySQL Inc., the company behind an AI-powered, serverless database-as-a-service (DBaaS) platform. The acquisition brings SkySQL’s established DBaaS product back into the MariaDB portfolio. SkySQL was originally developed by MariaDB and, since being spun off as an independent entity in 2023, has significantly advanced its product offering. The acquisition of SkySQL enables MariaDB to meet customer and market expectations for greater flexibility and deployment choice, including a range of self-managed and fully managed cloud offerings. MariaDB Cloud will encompass the SkySQL capability and form a key part of the product portfolio. “Our customers have made it clear that they want flexibility, and they need powerful, reliable database solutions wherever their business takes them – on premises, in the cloud or in hybrid environments,” said Rohit de Souza, CEO, MariaDB plc. “
Chicago Atlantic Provides Term Loan to a High Performance Antenna Designer & Manufacturer26.8.2025 15:00:00 CEST | Press release
Chicago Atlantic announced its role as sole arranger and administrative agent in the funding of a senior secured term loan for TrueRC Canada Inc. (“TrueRC”). Founded by Hugo Chamberland in 2014, TrueRC is at the forefront of drone antenna design and manufacturing. “TrueRC’s reputation has been built on delivering high-quality products for both hobbyists and commercial applications alike. From drone racing enthusiasts to professional UAV operators, their antennas have become the trusted standard for performance, durability, and reliability,” said David Enright, Partner & Head of Direct Lending at Chicago Atlantic. “The Company’s commitment to innovation and quality has earned them a loyal global following, and we’re proud to partner with TrueRC as they enter their next phase of growth.” TrueRC specializes in high-performance antennas and related devices for the drone and FPV (First Person View) markets and continues to set the standard for innovation and reliability in the industry. Ope
In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.
Visit our pressroom