BILLERICA, Mass. – September 10, 2015 – American Science and Engineering, Inc., a leading worldwide supplier of innovative X-ray detection solutions, announced today the election of Hamilton W. Helmer, a leading expert on business strategy with extensive experience in the high-tech and security industries, as Chairman of the Board of Directors, effective immediately. Mr. Helmer, who has served as a Director of the Company since 2003, and has been serving as Chair of the Audit Committee and a member of the Nominating and Governance Committee, will succeed Denis R. Brown, who is retiring after serving as a Director since 2004 and as Chairman since 2008.
“Hamilton’s in-depth knowledge of our business, industry, and markets will continue to be a tremendous asset for our Board, executive team, and shareholders, while he assumes his new role as Chairman,” said Chuck Dougherty, President and Chief Executive Officer of AS&E. “I look forward to working closely with Hamilton and the rest of our Board as we continue to execute on our strategic initiatives to grow the business and enhance shareholder value.”
Hamilton Helmer has more than 30 years of experience in business strategy and management consulting for high-tech and security companies as well as expertise in finance, and corporate mergers and acquisitions. He is the managing partner and Chief Investment Officer of Strategy Capital LLC (general partner of Strategy Capital Investors I, LP, an investment partnership), and also serves as managing director of Deep Strategy LLC, a strategy consulting firm. Previously, Helmer served as managing partner and owner of Helmer & Associates, Deep Strategy’s predecessor firm. Since 2008, he has taught corporate and business strategy in the Economics Department at Stanford University. Helmer is a Phi Beta Kappa graduate of Williams College and earned his Ph.D. in Economics from Yale University.
Dougherty continued, “On behalf of the Company and the Board, I wish to thank Denis for his leadership and insight and for the significant contributions that he made to AS&E over the last 11 years, first as a Director and most recently as our Chairman, positioning the Company for future success.”
