Nortech Systems Names Andrew Walko Senior Vice President of Global Operations
Rhea-AI Summary
Nortech Systems (NASDAQ: NSYS) named Andrew Walko as Senior Vice President of Global Operations, effective with the retirement of John Lindeen in Q1 2026. Walko brings executive and manufacturing operations experience at Sanuwave, Biomerics, and Minnetronix. He will oversee Nortech’s global operations and supply chain across the U.S., Mexico and China, covering new product introductions, production planning and on-time delivery. Walko will work with senior leadership and the board to optimize near-shoring strategy, manufacturing capacity, supply chain risk mitigation, lead-time reduction, and cost productivity. Nortech maintains six manufacturing locations and design centers across the U.S., Latin America, and Asia and trades under NSYS.
Positive
- Experienced medical-device operations leader with executive roles
- Mandate to manage facilities in U.S., Mexico, and China
- Focus on near-shoring, lead-time reduction, and cost productivity
Negative
- Operations leadership transition occurring in Q1 2026
News Market Reaction
On the day this news was published, NSYS gained 1.52%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
Market Reality Check
Peers on Argus
Peers showed mixed moves with no clear sector trend: ADGM -5.5%, TRIB -2.1%, VVOS -2.37%, IRIX +3.39%, MYO 0%, suggesting this leadership update is company-specific.
Historical Context
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| Nov 13 | Q3 2025 earnings | Neutral | -21.1% | Q3 2025 results with lower sales but improved EBITDA and backlog. |
| Nov 04 | Quality certification | Positive | +3.3% | Monterrey facility achieved AS9100:D aerospace quality certification. |
| Sep 16 | Tech capability update | Positive | +0.7% | Announced enhanced fiber optic performance for mission-critical applications. |
| Aug 07 | Q2 2025 earnings | Positive | +3.2% | Q2 2025 results with net income and higher adjusted EBITDA despite sales decline. |
| Jul 29 | Earnings call notice | Neutral | -3.6% | Announcement of upcoming Q2 2025 results call and webcast details. |
Operational and technology milestones have tended to see modest positive reactions, while earnings updates have produced more volatile and sometimes negative moves.
Over the last several months, Nortech reported Q2 and Q3 2025 results showing lower sales but improving margins, EBITDA, and backlog, alongside a shift toward fiber technology and nearshoring. Operational milestones such as the Monterrey facility’s AS9100:D certification and enhanced fiber optic performance saw modest gains, while Q3 2025 earnings triggered a sharp -21.15% move. Today’s senior operations appointment fits into this ongoing focus on operational excellence and capacity optimization across U.S., Mexico, and China facilities.
Market Pulse Summary
This announcement highlights a leadership transition in global operations as Nortech works to optimize facilities in the U.S., Mexico, and China and advance its near-shoring strategy. Recent history shows a focus on quality certifications, fiber-optic technology, and improving EBITDA despite revenue pressures. Investors may watch how the new executive impacts production planning, on-time delivery, and supply-chain risk mitigation, and how these efforts flow through to margins and backlog over coming quarters.
Key Terms
electromechanical technical
printed circuit board assemblies technical
pcbAs technical
ebitda financial
supply chain technical
AI-generated analysis. Not financial advice.
MINNEAPOLIS, Jan. 06, 2026 (GLOBE NEWSWIRE) -- Nortech Systems Incorporated (Nasdaq: NSYS) ("Nortech" or the "Company"), a leading provider of engineering and manufacturing solutions for complex electromedical and electromechanical products serving the medical imaging, medical device, industrial, and aerospace & defense markets, announced today that Andrew Walko has been named Senior Vice President of Global Operations.
"We welcome Andrew to the Nortech team and are confident that he will provide exceptional leadership to drive the Company’s strategic initiatives," said Jay D. Miller, President and CEO of Nortech Systems. “Andrew brings extensive experience in the medical device field that aligns perfectly with Nortech’s mission to deliver exceptional value by solving complex challenges in the critical markets we serve. We know Andrew well and we’re thrilled to have him join the Nortech team.”
Walko has extensive experience in the medical device industry including top-level executive roles at Sanuwave and Biomerics, as well as senior manufacturing operations leadership roles at Minnetronix. "I look forward to collaborating with the talented individuals here to build on our collective strengths, drive strategic growth, and deliver exceptional value to our customers and stakeholders," said Walko.
In his new role, Walko will replace John Lindeen, who is retiring in the first quarter of 2026, and will be responsible for overseeing the Company's global operations, including Nortech's facilities in the U.S., Mexico and China, as well as the Company’s global supply chain, new product introductions, production planning and on-time delivery. Walko will work closely with Nortech's senior leadership team and board of directors to optimize the Company’s near-shoring strategy and manufacturing capacity while minimizing risk and driving performance improvement. Walko will focus on partnering closely with customers to drive shorter lead times, tailored on-time delivery strategies, high quality standards, supply chain risk mitigation, and cost productivity, along with deeper innovative customer partnerships that are fundamental to Nortech’s long-term growth.
Nortech specializes in complex cable harnesses, printed circuit board assemblies (PCBAs) and box builds for low-volume, high-mix global manufacturing. In recent years, Nortech's strategic investments in the U.S., Mexico and China coupled with important measures to focus on growing EBITDA while developing research and innovation have diversified the company's capabilities and improved efficiencies to enhance profitability and support future growth.
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About Nortech Systems Incorporated
Nortech Systems is a leading provider of design and manufacturing solutions for complex electromedical devices, electromechanical systems, assemblies, and components. Nortech primarily serves the medical imaging, medical device, aerospace & defense, and industrial markets. Its design services span concept development to commercial design, and include medical device, software, electrical, mechanical, and biomedical engineering. Its manufacturing and supply chain capabilities are vertically integrated around wire, cable, and interconnect assemblies, printed circuit board assemblies, as well as system-level assembly, integration, and final test. Headquartered in Maple Grove, Minn., Nortech currently has six manufacturing locations and design centers across the U.S., Latin America, and Asia. Nortech Systems is traded on the NASDAQ Stock Market under the symbol NSYS. Nortech's website is www.nortechsys.com.
Contact
Andrew D. C. LaFrence
Chief Financial Officer and Senior Vice President of Finance
alafrence@nortechsys.com
952-345-2243
FAQ
Who is Andrew Walko and what role did he take at Nortech (NSYS) on January 6, 2026?
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