LMI Technologies Transitions to New CEO
Terry Arden, LMI’s Chief Executive Officer, will be stepping down from his full-time CEO role.


Terry Arden, LMI’s Chief Executive Officer, will be stepping down from his full-time CEO role. This has been a carefully taken decision during 2020 and is based on the desire from Terry to have a better work life balance. Mark Radford, LMI’s Chief Operating Officer, will succeed Arden as CEO. Terry will continue on a part-time basis with LMI as Chief Brand Officer to support the LMI Executive in product and business strategy development while enjoying more time off with friends and family and the pursuit of other interests.
Mark Radford, who was promoted to COO in 2016, previously held the roles of Director of Operations since 2014, and Director of Technology since 2012. Radford joined LMI in 2006 and has a broad range of knowledge and experience with LMI’s products, services, operations and customers.
Company
LMI Technologies Inc.9200 Glenlyon Parkway
V5J 5J8 Burnaby
Canada
most read

Global robot density: Western Europe leads ahead of North America and Asia
In the EU-27, the robot density is 231, which is above the global average of 132.

Siemens Consolidates Its Automation Business into a New Unit Called Automation
Rainer Brehm, who previously served as COO of the automation business and CTO of Digital Industries, was appointed president of the new unit.

Digikey Expands Its Product Line
In the second quarter of 2026, the company expanded its portfolio by adding 104 new suppliers and over 27,000 items available for immediate delivery.

Baumer Opens New Innovation Lab for Sensor Testing
Baumer, a sensor specialist, has opened a new innovation lab in Frauenfeld. Across 1,300 square meters, new products undergo leak, shock, vibration, and temperature tests before going into mass production.

AMS Osram Strengthens Its Core Semiconductor Business and Develops microLED Arrays for AR Glasses
The company reported revenue of 805 million euros and an adjusted EBITDA margin of 16.9% for the second quarter of 2026, reaching the upper end of its forecast range.






