People: ANADIGICS Inc (ANAD.O)
ANAD.O on Nasdaq
2.17USD
19 Jun 2013
2.17USD
19 Jun 2013
Price Change (% chg)
$-0.05 (-2.25%)
$-0.05 (-2.25%)
Prev Close
$2.22
$2.22
Open
$2.21
$2.21
Day's High
$2.22
$2.22
Day's Low
$2.14
$2.14
Volume
336,784
336,784
Avg. Vol
714,764
714,764
52-wk High
$2.87
$2.87
52-wk Low
$1.05
$1.05
Summary
| Name | Age | Since | Current Position |
|---|---|---|---|
Ronald Michels |
59 | 2013 | Chairman of the Board, Chief Executive Officer |
David Cresci |
37 | 2013 | President |
Terrence Gallagher |
52 | 2011 | Chief Financial Officer, Vice President |
John van Saders |
54 | 2013 | Chief Operating Officer, Executive Vice President |
Robert Bayruns |
43 | 2012 | Vice President, Chief Technology Officer |
Lewis Solomon |
78 | 2013 | Lead Independent Director |
Ronald Rosenzweig |
74 | 2009 | Director |
Paul Bachow |
60 | 1993 | Independent Director |
David Fellows |
59 | 2007 | Independent Director |
Harry Rein |
1985 | Independent Director | |
Dennis Strigl |
66 | 2010 | Independent Director |
Biographies
| Name | Description |
|---|---|
Ronald Michels |
Mr. Ronald Michels is Chairman of the Board, Chief Executive Officer of Anadigics Inc. He served as President of the Company. He joined ANADIGICS in 1987 and has served as President and Chief Executive Officer since March 2011. He was the Company’s Executive Vice President and Chief Technology Officer from 2009 to 2011, and was SVP/General Manager of Broadband Products from 2005 to 2009. Prior to that, he served in several other management and executive positions. Before joining ANADIGICS, he held various engineering and management positions in Lockheed Electronics, New Jersey Public Broadcasting, and K & M Broadcasting. Mr. Michels earned his Bachelors degree in Electrical Engineering from the New Jersey Institute of Technology. He holds several U.S. Patents, has authored a number of publications in the area of RF communications and serves on the Lehigh University Electrical & Computer Engineering Advisory Board. |
David Cresci |
Mr. David Cresci has been appointed as President of Anadigics Inc., effective June 12, 2013. Previously he served as vice president of the WiFi Products business unit, has been appointed president, and a corporate officer. This newly created role encompasses responsibility for all of ANADIGICS’ business groups, including design and product marketing, as well as its worldwide sales organization. Cresci brings a sales, marketing and engineering background, and has served in a variety of leadership positions at ANADIGICS since 2003. |
Terrence Gallagher |
Mr. Terrence G. Gallagher is Chief Financial Officer, Vice President of Anadigics Inc., since November 14, 2011. He was promoted to Vice President Finance in January 2008 and has served as Controller since 2004 after having joined the Company in 2000. Prior to joining ANADIGICS, he held corporate and operational financial management positions with Foster-Wheeler and Firmenich Incorporated. In addition, he served seven years in public accounting with Price Waterhouse, both domestically and internationally. Terry earned his B.A. degree in Accounting from Boston College, is a CPA and serves in leadership positions with several local non-profit organizations. |
John van Saders |
Mr. John van Saders has been appointed as Chief Operating Officer, Executive Vice President of Anadigics Inc., effective June 12, 2013. Mr. van Saders has served as Senior Vice President - RF Products since March 28, 2011 and served as the VP, Advanced Development after re-joining ANADIGICS in 2007, where he was responsible for mixed signal design, CAD, and foundry. Beginning in 2001, he served as the VP, Engineering and Manufacturing for ASIP, an optoelectronics startup which later merged with T-Networks. His responsibilities included product and business development, InP wafer fab construction and operation, process development, reliability, and establishing all manufacturing operations. He originally joined ANADIGICS in 1990 as a design engineer, serving in several management and executive product development positions. Prior to joining ANADIGICS, he was a Principle Investigator at Lockheed Electronics developing acousto-optic processing for adaptive phased array systems. He began his career developing line-of-sight laser communication links at Codenoll Technology. He earned a Masters degree in Electrical Engineering (Communication Theory) from NJIT and holds a Bachelors degree from Stevens Institute of Technology in Optical Physics. He has several patents in circuit design and optical processing, and has authored a number of technical publications. |
Robert Bayruns |
Mr. Robert Bayruns has been appointed as Vice President, Chief Technology Officer of ANADIGICS, Inc., effective May 29, 2012. Bayruns has over 30 years of leadership and engineering experience. Prior to his recent tenure at ANADIGICS, Bayruns was vice president of engineering and product development at Jacket Micro Devices. He has held the position of vice president of engineering and product development at Mobilian, TROPIAN, and Wj Communications. Bayruns played an instrumental role during the ANADIGICS start-up in 1985, where he led the development of the industry's first GaAs MMIC PA to go into volume production in a cell phone. He has experience in Si and GaAs circuits, systems, and device technologies, has authored over 20 technical articles for trade journals and publications, and holds 20 U.S. patents. Additionally, he was involved in the IEEE MTTS and ISSCC technical conference where had been chairman of the ISSCC communications and wireless committees for a number of years. Bayruns earned an M.S.E.E. from Rutgers University specializing in integrated circuits and semiconductor device physics. |
Lewis Solomon |
Mr. Lewis Solomon has been appointed as Lead Independent Director of Anadigics Inc., effective March 20, 2013. Mr. Solomon has served as a Director of the Company since September 1994 and as its Chairman from September 2009 to March 20, 2013, and previously, from 1985 to 1989. Mr. Solomon has been Chairman of SCC Company, a consulting firm specializing in technology, since 1990 in addition to serving as the Chairman of the Board of Harmonic Inc. Prior to founding SCC Company, Mr. Solomon was an Executive Vice President with Alan Patricof Associates from 1983 to 1986, and a Senior Vice President of General Instruments from 1967 to 1983. |
Ronald Rosenzweig |
Mr. Ronald Rosenzweig is Director of Anadigics Inc., since its inception. He a co-founder of ANADIGICS in 1985 and previously was Vice-Chairman of the Board of Directors from August 2008 to September 2009. Mr. Rosenzweig was Executive Chairman of the Board from 1989 to 2008. From the Company’s inception in 1985 until 1998, Mr. Rosenzweig served as President and Chief Executive Officer of the Company. He was a co-founder of Microwave Semiconductor Corp. and served as the Company’s President and Chief Executive Officer and was a board member. Mr. Rosenzweig was also on the board of private company Quake Technology from 2004 to 2008. Mr. Rosenzweig received his Bachelor’s Degree in Chemical Engineering from City College of New York. |
Paul Bachow |
Mr. Paul Bachow is an Independent Director of Anadigics Inc, since January 1993. He has been President of Bachow & Associates, Inc., a private investment firm, since he founded the firm in 1989. Bachow & Associates, Inc. has acted as the manager of numerous hedge funds, private equity investment funds, portfolio companies and other investment vehicles. Typical investments have been in the communications, electronics, services and productivity areas. Mr. Bachow has a B.A. from American University, a J.D. from Rutgers University, along with a Master’s Degree in tax law from New York University, and is a C.P.A. |
David Fellows |
Mr. David Fellows is an Independent Director of Anadigics Inc, since May 2007. Mr. Fellows is serving as a member of the Company's Technical Advisory Board from April 2003 until May 2007 and from January 2010 to present. Prior to that, he served as Director of the Company from September 1994 until April 2003. In addition, he became a general partner of Genovation Capital, LLC, an early stage venture capital company, in 2008. From 2003 to 2006 he was EVP and Chief Technology Officer at Comcast Cable, in charge of technology, engineering and technical operations, and from 2007 to 2010 he served Comcast as Executive Fellow. Prior to that, from December 2001 until their acquisition by Comcast in 2003 he was Chief Technology Officer at AT&T Broadband. Mr. Fellows received his Bachelor’s Degree in Engineering and Applied Physics from Harvard College and a Masters Degree in Electrical Engineering from Northeastern University. Mr. Fellows has also served on a number of private company and non-profit Boards. He is chair of the Data Standards Subcommittee for the SCTE, and was previously a member of the Board of Directors for CableLabs in Louisville, CO. He serves on and has served on, a number of Technical Advisory Boards. |
Harry Rein |
Mr. Harry T. Rein is Independent Director of Anadigics Inc., since 1985. He is a General Partner with Foundation Medical Partners. Mr. Rein was the principal founder of Canaan Partners in 1987, a venture capital investment firm and served as its managing general partner until 2002. Prior to that, he was President and CEO of GE Venture Capital Corporation. Mr. Rein joined General Electric Company in 1979 and directed several of GE’s lighting businesses as general manager before joining the venture capital subsidiary. Mr. Rein attended Emory University and Oglethorpe College and holds an MBA from the Darden School at the University of Virginia. |
Dennis Strigl |
Mr. Dennis F. Strigl is Independent Director of Anadigics Inc., since January 2010. He previously was on the board from January, 2000 to May, 2008. He was the President and COO of Verizon Communications from January 2007 through December 2009 and was formerly the President and CEO of Verizon Wireless since its formation in April 2000. Previously, Mr. Strigl served as President and Chief Executive Officer of Bell Atlantic Mobile, Group President and Chief Executive Officer of the Global Wireless Group of Bell Atlantic, Vice President of Operations and Chief Operating Officer of Bell Atlantic New Jersey, Inc. (formerly New Jersey Bell Telephone Company) and served on its Board of Directors. He also served as President and CEO of Applied Data Research Inc. Mr. Strigl currently serves on the board of directors of PNC Financial Services Group, PNC Bank and Eastman Kodak Company. Mr. Strigl holds an undergraduate degree in Business Administration and a doctorate in Humane Letters from Canisius College and an M.B.A. from Fairleigh Dickinson University. |
Basic Compensation
| Name | Fiscal Year Total |
|---|---|
Ronald Michels |
4,580,500 |
David Cresci |
-- |
Terrence Gallagher |
488,872 |
John van Saders |
655,709 |
Robert Bayruns |
-- |
Lewis Solomon |
-- |
Ronald Rosenzweig |
234,686 |
Paul Bachow |
-- |
David Fellows |
-- |
Harry Rein |
-- |
Dennis Strigl |
-- |
As Of 30 Dec 2011
Options Compensation
| Name | Options | Value |
|---|---|---|
Ronald Michels |
60,000 | 348,612 |
David Cresci |
0 | 0 |
Terrence Gallagher |
6,741 | 37,210 |
John van Saders |
1,271 | 7,079 |
Robert Bayruns |
0 | 0 |
Lewis Solomon |
0 | 0 |
Ronald Rosenzweig |
330,000 | 1,212,590 |
Paul Bachow |
0 | 0 |
David Fellows |
0 | 0 |
Harry Rein |
0 | 0 |
Dennis Strigl |
0 | 0 |
| Name | Shares Traded | Price |
|---|---|---|
VAN SADERS JOHN |
575 | $2.02 |
MICHELS RONALD L |
15,816 | $1.91 |
VAN SADERS JOHN |
2,945 | $1.94 |
MICHELS RONALD L |
7,600 | $1.91 |
MICHELS RONALD L |
100,000 | $0.00 |
GALLAGHER TERRENCE G |
30,000 | $0.00 |
MICHELS RONALD L |
100,000 | $0.00 |
VAN SADERS JOHN |
30,000 | $0.00 |
GALLAGHER TERRENCE G |
30,000 | $0.00 |
VAN SADERS JOHN |
30,000 | $0.00 |
VAN SADERS JOHN |
30,000 | $0.00 |
MICHELS RONALD L |
100,000 | $0.00 |
MICHELS RONALD L |
66,667 | $0.00 |
VAN SADERS JOHN |
20,000 | $0.00 |
VAN SADERS JOHN |
4,800 | $0.00 |
MICHELS RONALD L |
120,703 | $0.00 |
GALLAGHER TERRENCE G |
9,250 | $0.00 |
VAN SADERS JOHN |
15,000 | $0.00 |
REIN HARRY T |
30,000 | $0.00 |
BACHOW PAUL S |
30,000 | $0.00 |
STRIGL DENNIS F |
30,000 | $0.00 |
SOLOMON LEWIS |
30,000 | $0.00 |
FELLOWS DAVID A |
30,000 | $0.00 |
ROSENZWEIG RONALD C |
30,000 | $0.00 |
GALLAGHER TERRENCE G |
3,000 | $2.04 |

