Vincotech, a provider of power modules and other technologies used in industrial, solar, automotive and GPS applications, has named Joachim Fietz managing director. Fietz, 50, will be based at the company’s Unterhaching, Germany headquarters. Fietz replaces Rainer Sendrowski, who has announced his decision to leave the company. Over the next few months, Fietz and Sendrowski will work closely together to ensure a smooth transition of responsibilities.
Fietz has held various senior-level leadership positions in engineering, sales and operations. He most recently served as chief executive officer of Innominate Security Technologies AG, a Berlin-based company which develops network security products. He also served as managing director for Storage Technology. At Sun Microsystems, Fietz managed the German sales team.
Vincotech is owned by The Gores Group, a Los Angeles-based private equity firm.
