Perceptron CEO and leadership

A proven Executive with 25+ years of experience leading and managing long and short term international growth strategies with a primary focus in the...

Jay Freeland is a Board Member, Private Investor, Volunteer and the retired Chairman, President, CEO and Director from two different Nasdaq listed companies. From 2004-2015, Jay was President, CEO and Director of FARO Technologies (NASDAQ: FARO). During his eleven-year tenure at FARO, Jay grew the Company’s revenue by 5x and quadrupled their market capitalization to $1.1 billion. In 2014 FARO was named one of Forbes’ Best Small Companies, in 2013 was one of Fortune’s 100 Fastest Growing Companies, and in 2011 was one of Popular Science’s Most Innovative Companies. In 2018, three years after retiring from FARO, Jay joined the Board of Directors of Perceptron (NASDAQ: PRCP). He was named Chairman of the Board in early 2019 and became Interim President and CEO in late 2019. During his tenure he focused on stabilizing and restructuring the organization, leading to the successful all cash sale of the company to Swedish industrial conglomerate Atlas Copco (STO: ATCO-A) in December 2020, at a 192% share price premium.Prior to Perceptron and FARO Jay spent twelve years as an executive at GE. During his career, he has traveled to and done business in more than 50 countries and has been a guest on both CNBC and Fox Business.Jay remains active in his retirement. He serves on the Board of Directors for x-lumin, a leader in optical wireless communication solutions, and is an Angel Investor in and Advisor to companies and organizations that are meaningfully improving the lives of others. He is a Series A Investor in Torchlight, is an Angel Investor in NBZ Apparel and is an Angel Investor in Silivhere. Jay serves on the Board of Trustees and is Secretary for the National Down Syndrome Congress as well as the Board of Directors and Treasurer for the Down Syndrome Association of Brevard. He is on the President's Council for his alma mater, Union College, and is a former National and State Judge for EY’s Entrepreneur of the Year program where he was a winner in the Tech Category in 2008. Jay also serves on the Board of Directors for the Liberty Bell Museum.In his spare time, Jay is a coach for Tim's Kids, an organization that provides free equipment, ice time and instruction for children with disabilities who want to learn to play ice hockey. He also continues to play competitive ice hockey, including on a team attached to Patrick Air Force Base that plays games to raise money for charity and, on a team in USA Hockey’s Over 50 National Championships. Jay's other free-time interests include kayaking, biking, running, golf, traveling and reading.