Technology >> CEO Interviews >> January 3, 2003

Andrew Galef – Magnetek Inc (mag)

ANDREW G. GALEF has been Chairman, President and Chief Executive Officer of Magnetek, Inc., since 1984. He also has been the President of The Spectrum Group, a private investment and management firm, since its incorporation in California in 1978 and its Chairman and Chief Executive Officer since 1987. Prior to the formation of Spectrum, Mr. Galef provided professional management services to companies with operating and financial difficulties. He has served as Chairman of Aviall, Inc., Exide Corporation and Petco, Inc., among other firms. He holds a Bachelor of Arts degree from Amherst College and an MBA degree from Harvard University. Profile
TWST: Would you please give us a brief overview of Magnetek?

Mr. Galef: Power technology globally as we define it is about a

$70 billion industry, so our market share is tiny at this point