Advanced Energy Executive and Leadership Team

September, 2026

Leadership Overview

Advanced Energy has 5 executives leading key functions including strategy, technology innovation, information systems, and global operations.

Focused on precision power conversion, Advanced Energy delivers critical energy solutions for semiconductor manufacturing and industrial applications while maintaining a commitment to engineering excellence and sustainable growth across global markets.

Leadership Roles at Advanced Energy

  • President & Chief Executive Officer & Member of the Board - Steve Kelley
  • Executive VP & Chief Operating Officer - Eduardo Bernal
  • Chief Technology Officer - Luke Raymond
  • Executive VP & Chief Information Officer - Umesh Manathkar
  • Senior Vice President and Chief Technology Officer - Randy Heckman
  • Steve Kelley - President & Chief Executive Officer & Member of the Board

    Steve Kelley, the President & Chief Executive Officer & Member of the Board at Advanced Energy, directs the overarching corporate strategy and long-term vision for power and control technologies. Overseeing the executive leadership team, Kelley ensures alignment between product development and the evolving needs of the semiconductor and medical device sectors. This leadership role involves managing board relations and driving expansion across North American and international markets. By prioritizing operational efficiency and market-leading innovation, Steve Kelley secures the competitive positioning of the organization within the industrial machinery landscape. The Chief Executive Officer maintains a focus on delivering high-performance power solutions that support complex manufacturing processes. Through rigorous oversight of corporate governance and strategic resource allocation, the President & Chief Executive Officer & Member of the Board fosters a culture of technical precision and sustainable financial performance, ultimately strengthening the global footprint of the company.
    Steve Kelley

    Eduardo Bernal - Executive VP & Chief Operating Officer

    Eduardo Bernal, the Executive VP & Chief Operating Officer at Advanced Energy, directs the global manufacturing and supply chain operations that produce power and control technologies. Overseeing the production facilities and logistics networks, Bernal ensures the efficient delivery of components for medical devices, data storage, and industrial coatings. This leadership role involves optimizing manufacturing workflows to maintain high output quality while managing costs across international regions. By streamlining operational processes, Eduardo Bernal supports the company's ability to scale production in response to market fluctuations. The Chief Operating Officer collaborates with the executive team to align operational capacity with strategic growth objectives. Through the implementation of lean manufacturing principles and rigorous quality control, Bernal ensures that the company maintains its reputation for reliability and precision. The Executive VP & Chief Operating Officer drives the operational excellence required to sustain the company's position as a leader in the power conversion industry.
    Eduardo Bernal

    Luke Raymond - Chief Technology Officer

    Luke Raymond, the Chief Technology Officer at Advanced Energy, architects the next generation of power conversion platforms for flat panel displays and data storage products. Managing the research and development pipeline, Raymond drives technical breakthroughs that enhance the efficiency of industrial coatings and solar cell manufacturing. This role requires close collaboration with engineering teams to integrate advanced control technologies into existing product lines. By focusing on high-growth technology sectors, Luke Raymond ensures the company remains at the forefront of power electronics innovation. The Chief Technology Officer oversees the transition from conceptual design to scalable manufacturing, ensuring that all technical outputs meet stringent quality standards. Through the implementation of cutting-edge power architectures, Raymond supports the broader mission of providing reliable energy solutions for complex industrial environments, thereby maintaining the technological edge necessary for sustained market leadership in the global manufacturing sector.
    Luke Raymond

    Umesh Manathkar - Executive VP & Chief Information Officer

    Umesh Manathkar, the Executive VP & Chief Information Officer at Advanced Energy, directs the digital transformation and enterprise information systems that support global manufacturing operations. Overseeing the cybersecurity framework and data infrastructure, Manathkar ensures the seamless integration of digital tools across all business units, including medical device and architectural glass production. This leadership role involves optimizing internal processes through advanced analytics and cloud-based solutions to improve operational agility. By modernizing the technological backbone of the organization, Umesh Manathkar enables data-driven decision-making across the enterprise. The Chief Information Officer collaborates with other executive leaders to align IT investments with the strategic goals of the company. Through the implementation of robust digital platforms, Manathkar secures the integrity of global operations and enhances the efficiency of the supply chain, ultimately supporting the delivery of high-precision power technologies to a diverse international client base.
    Umesh Manathkar

    Randy Heckman - Senior Vice President and Chief Technology Officer

    Randy Heckman, the Senior Vice President and Chief Technology Officer at Advanced Energy, leads the development of specialized power control systems for high-precision industrial applications. Focusing on the refinement of power delivery for semiconductor manufacturing, Heckman drives the engineering initiatives that improve product reliability and performance. This role involves managing the technical roadmap and fostering innovation within the research divisions to address the specific requirements of the flat panel display and solar cell markets. By overseeing the integration of advanced control algorithms, Randy Heckman ensures that the company provides superior solutions for complex manufacturing environments. The Senior Vice President and Chief Technology Officer works alongside the executive team to translate market demands into actionable engineering projects. Through the continuous improvement of power conversion technologies, Heckman supports the company's commitment to technical excellence and operational precision, ensuring that all products meet the rigorous standards of the global industrial machinery industry.
    Randy Heckman

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    Frequently Asked Questions Regarding Advanced Energy Top Executives and Leadership Team

    Who leads Advanced Energy?
    Advanced Energy is led by Steve Kelley (President & Chief Executive Officer & Member of the Board), along with executives such as Eduardo Bernal (Executive VP & Chief Operating Officer) and Luke Raymond (Chief Technology Officer).
    Who is part of Advanced Energy’s executive team?
    The executive team of Advanced Energy includes leaders such as Steve Kelley (President & Chief Executive Officer & Member of the Board), Eduardo Bernal (Executive VP & Chief Operating Officer), Luke Raymond (Chief Technology Officer) and other senior executives.
    How many executives does Advanced Energy have?
    Advanced Energy has 5 executives leading key business areas.
    What roles are included in Advanced Energy’s leadership team?
    The leadership team of Advanced Energy includes roles such as President & Chief Executive Officer & Member of the Board, Executive VP & Chief Operating Officer, Chief Technology Officer, Executive VP & Chief Information Officer, Senior Vice President and Chief Technology Officer.