Technology >> CEO Interviews >> June 12, 2002

Donald Schwanz – Cts Corporation (cts)

DONALD K. SCHWANZ currently serves as Chairman of the Board and Chief Executive Officer of CTS Corporation, a New York Stock Exchange listed company which manufactures electrical components for a wide variety of industries. Mr. Schwanz graduated from the Massachusetts Institute of Technology in 1966 with a Bachelor of Science degree in Mechanical Engineering. He subsequently attended Harvard's Graduate School of Business where he earned a Master of Business Administration degree in 1968. Upon completing his MBA, he joined Sperry Univac where he served in a variety of program management, marketing and operational positions. In 1980, Mr. Schwanz joined Honeywell's commercial aviation business as an Associate Business Director. Over the next 19 years, he held positions of increasing responsibility in contract management, marketing, and general management in various aerospace business units within Honeywell. In 1997, he was elected to the position of President of Honeywell's Space and Aviation business, a $2.3 billion global leader in avionics systems. In 1999, Mr. Schwanz became President of Honeywell's Industrial Control business, then about $2.8 billion in annual revenues, supplying customers globally with process control systems as well as sensing and control products. Mr. Schwanz joined CTS Corporation as President and Chief Operating Officer in January 2001. Profile
TWST: Can we start out with a little history and overview of CTS?

Mr. Schwanz: One hundred years ago, we manufactured telephone equipment

for rural areas. CTS is now over 106 years old. Today,