CEO ousted for policy violation, employee relationship

SARASOTA — Global industrial technology firm Helios Technologies Inc. has named CFO Tricia Fulton interim president and CEO, effective immediately.

Fulton succeeds Wolfgang Dangel, who has separated from Sarasota-based Helios following the board’s determination he "violated company policy, demonstrated behavior that was inconsistent with the company’s core values and code of business conduct and ethics, and also exhibited poor judgment involving a consensual relationship with an employee," according to a press release.