Technology >> CEO Interviews >> May 5, 2003

John Dalton – Ipg Photonics Corporation

JOHN H. DALTON is President of IPG Photonics Corporation, a fiber optics company which designs, manufactures and sells a unique line of high performance fiber amplifiers, Raman pump lasers and fiber lasers for telecommunications and industrial applications. Mr. Dalton served as the 70th Secretary of the Navy and was recognized by the National Security Caucus as their prestigious International Security Leadership Award recipient in 1997. Secretary Dalton has had a distinguished career in government, beginning as a naval officer. Serving in the Navy from 1964-1969, he received naval nuclear power training and served aboard the submarines USS BlueBack (as Supply and Commissary Officer) and John C. Calhoun (as Main Propulsion Assistant, Communications Officer and Weapons Officer). Secretary Dalton began his career with the investment-banking firm of Goldman, Sachs & Company in Dallas, Texas. After his first tour of appointed government service, he was President of the Real Estate Division of the Gill Companies of San Antonio, Texas. He then served as Chairman and Chief Executive Officer of Freedom Capital Corporation. He was later a Managing Director of Best Associates and Mason Best Company, merchant banking firms headquartered in Houston and Dallas respectively. He then managed the San Antonio office of Stephens Inc., a Little Rock, Arkansas-based investment banking firm. He serves on the Boards of Directors of four companies: Cantor Exchange, eSpeed, Inc., Fresh DelMonte Produce, Inc., and TransTechnology, Inc. In addition, he serves as a Special Principal of Park Avenue Equity partners and is on the Advisory Boards of North Star Reinsurance Companies and National Grid Group. In 1971, he received a Master of Business Administration degree from the Wharton School of Finance and Commerce of the University of Pennsylvania. Secretary Dalton attended Louisiana State University for one year before attending the U.S. Naval Academy. He graduated with distinction from Annapolis in 1964, having served as Deputy Brigade Commander, the Academy's number two ranking position. He was a finalist in the Rhodes Scholarship Competition. Profile
TWST: Could you give us a background and overview of IPG

Photonics?

Mr. Dalton: IPG Photonics was founded in 1990. We design,

manufacture and market a unique line of 1 watt to 10