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MTS Systems Corp. names new CEO

Posted on Tuesday, April 10th, 2012 at 7:21 pm    

Last week MTS Systems Corp. announced it has hired Jeffrey Graves as the company’s new CEO. He will start his new position on May 7 where he will also serve as a member on the board of directors.

Graves is taking over for William Murray, who served as interim CEO since August after former CEO Laura Hamilton left the company after 12 years. He has previously worked as President and CEO of C Technologies and currently serves on the board at Teleflex Inc. and Hexcel Corp.

The Eden Prairie, Minnestoa-based company specializes in making mechanical testing systems for companies that make products such as farming equipment and cars.

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CEO of Highmark fired after assault charges

Posted on Tuesday, April 3rd, 2012 at 7:07 pm    

President and CEO of Highmark Inc., Pennsylvania’s largest health insurer, was fired last week after he was charged with misdemeanor simple assault and misdemeanor criminal trespassing. Kenneth R. Melani, 58, had held the position of CEO and president of Highmark, Inc. since 2003.

According to police, Melani was involved in a fist fight with his mistress’ estranged husband and reportedly said he would have killed them both if the police were not there. Over the weekend, the company’s board of directors decided to terminate Melani due to his actions.

Highmark’s board chairman, J. Robert Baum, was the acting CEO while Melani was on unpaid leave following his arrest. Highmark has not announced who will take over as president and CEO.

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