ALLIED MOTION TECHNOLOGIES INC. (NASDAQ:AMOT) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
Item 5.02. Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers; Compensatory Arrangements of Certain Officers

On June 1, 2017, the Board of Directors (the “Board”) of Allied Motion Technologies Inc. (the “Company”) increased the size of the Board from seven to eight members and elected Timothy T. Tevens to fill the newly created position on the Board. Mr. Tevens will serve as an independent director. No committee assignment has yet been made.

Mr. Tevens recently retired after serving nineteen years as director and chief executive officer of Columbus McKinnon Corporation (NASDAQ: CMCO), a global leader in material handling products, technologies, and services. He had initially joined Columbus McKinnon in 1991 as Vice President, Information Services, and was appointed chief operating officer in 1996. Prior to joining Columbus McKinnon, Mr. Tevens spent more than ten years in various management consulting capacities with Ernst & Young LLP. Mr. Tevens served on the Board of Directors of Zep, Inc. (NYSE: ZEP) from December 2007 through its sale in June 2015.

There are no arrangements or understandings between Mr. Tevens and any other persons to which Mr. Tevens was appointed a director of the Company. There are no transactions in which Mr. Tevens has an interest requiring disclosure under Item 404(a) of Regulation S-K.

Mr. Tevens will receive compensation for his service on the Board of Directors in accordance with the Company’s Compensation Program for Non-Employee Directors.

About ALLIED MOTION TECHNOLOGIES INC. (NASDAQ:AMOT)

Allied Motion Technologies Inc. designs, manufactures and sells precision and specialty motion control components and systems used in a range of industries. The Company serves various markets, including vehicle, medical, aerospace and defense, electronics and industrial. It focuses on motion control applications. It is engaged in developing electro-magnetic, mechanical and electronic motion technology. It operates in the design and manufacture of motion control products, marketed to original equipment manufacturers and end users segment. Its products are used in the handling, inspection, and testing of components and final products, such as printers, tunable lasers and spectrum analyzers for the fiber optic industry, and test and processing equipment for the semiconductor manufacturing industry. Its products are used in a range of medical, industrial and commercial aviation applications, such as dialysis equipment, industrial ink jet printers and cash dispensers.

ALLIED MOTION TECHNOLOGIES INC. (NASDAQ:AMOT) Recent Trading Information

ALLIED MOTION TECHNOLOGIES INC. (NASDAQ:AMOT) closed its last trading session up +1.32 at 28.05 with 56,153 shares trading hands.