Allied Motion Appoints Robert B. Engel to Board of Directors

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AMHERST, N.Y.--(BUSINESS WIRE)--Allied Motion Technologies Inc. (Nasdaq: AMOT), a designer and manufacturer that sells precision and specialty controlled motion products and solutions to the global market, announced today the appointment of Robert B. Engel to its Board of Directors, effective October 31, 2019. Prior to BLT Advisory Services, Mr. Engel was in the banking industry for more than 30 years, including 17 years at CoBank, ACB in Denver, CO, serving first as President and Chief Operating Officer and subsequently being promoted to President and Chief Executive Officer, responsible for leading the bank’s strategic and business initiatives. Under his leadership, CoBank delivered 17 consecutive years of earnings growth and was consistently rated among the safest banks in the world by Global Finance Magazine. Before moving to the banking industry, Mr. Engel began his career in public accounting with Deloitte, and then KPMG, rising to the position of Senior Audit Manager. The Company is headquartered in Amherst, NY, has global operations and sells into markets across the United States, Canada, South America, Europe and Asia.

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