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HFCL appoints two industry leaders to further strengthen worldwide presence; Stock jumps 2%

HFCL has onboarded Dr Peter A Weimann as the CTO and Jochen Arms as the Vice President - Sales (DACH Europe) for the Optical Fiber & Cable (OFC) business.

December 02, 2021 2:41 IST | India Infoline News Service
HFCL Limited (HFCL)  announced the appointment of two industry veterans in its two recently incorporated wholly-owned subsidiaries in the USA and Netherlands to bolster its international presence and unleash non-linear growth for the Company in the global markets.

To garner scale globally and substantially increase its international business, HFCL has onboarded Dr Peter A Weimann as the CTO and Jochen Arms as the Vice President - Sales (DACH Europe) for the Optical Fiber & Cable (OFC) business.

With more than two decades of technology experience and holder of multiple patents and recipient of technology awards, Dr Peter A Weimann will be the CTO for the Optical Fibre and Cable Business of HFCL Group. Dr Weimann has led development activities for multiple cable products from design to manufacture, fiber qualification and evaluation, material specifications for new products and applications and brought to market the latest technologies in optical fiber cables for varied applications.

Dr Weimann is a PhD from the University of Minnesota and has a BS in Engineering from the University of Pennsylvania. Before joining HFCL, Dr Weimann was the Director of Optical Cable R&D for OFS Fitel LLC. In his charter as the CTO, Dr Weimann will lead HFCL's global foray into new generation OFC products across different industry applications.

Jochen Arms will be the Vice President- Sales for the European DACH Region and lead the sales and business development for HFCL Group's Optical Fiber and Cable products across industry segments for the region. Arms have held several sales leadership positions for industry-leading companies such as Prysmian, Corning and Fujikura. He is also a member of the FTTH Council in Brussels, and of the Market Intelligence Committee. A linguist who speaks multiple European languages, Arms has addressed several conferences and forums on the Broadband and Telecom industries.

At around 2.39 pm, HFCL was trading at Rs72.25 per piece up 1.98% on Sensex. 

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