People: Palomar Medical Technologies Inc (PMTI.O)
24 May 2013
Mr. Louis P. Valente is Director of Palomar Medical Technologies Inc. Mr. Valente served as Executive Chairman from May 2002 until March 9, 2012. On March 9, 2012, Mr. Valente entered into a Senior Strategic Advisor Agreement with the Company under which Mr. Valente will provide the Company strategic advisory services in various areas, including mergers and acquisitions, new business development and other strategic initiatives. He served as Chief Executive Officer from May 1997 to May 2002 and as Chairman of the Board from September 1997 to March 2012. From 1968 to 1995, Mr. Valente held numerous positions at PerkinElmer, Inc. (formerly EG&G, Inc.), a provider of drug discovery, research and clinical screening products, services and technologies for the life science industry and products for aerospace, chemical, environmental, medical, photography, security and other global arenas. In 1968, he began his career at EG&G, Inc. as an Assistant Controller and held executive positions, including Corporate Treasurer, before becoming Senior Vice President of EG&G, Inc., presiding over and negotiating acquisitions, mergers and investments. Mr. Valente serves as a director and member of the audit committee of Medical Information Technology, Inc. and MKS Instruments, Inc., both of which are publicly held companies. Mr. Valente is also a member of the compensation committee of MKS Instruments, Inc. Mr. Valente is a Certified Public Accountant and a graduate of Bentley University.
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