People: DTS Inc (DTSI.O)
DTSI.O on Nasdaq
18.94USD
22 May 2013
18.94USD
22 May 2013
Price Change (% chg)
$-1.06 (-5.30%)
$-1.06 (-5.30%)
Prev Close
$20.00
$20.00
Open
$19.96
$19.96
Day's High
$20.00
$20.00
Day's Low
$18.72
$18.72
Volume
42,728
42,728
Avg. Vol
72,700
72,700
52-wk High
$28.83
$28.83
52-wk Low
$13.90
$13.90
Summary
| Name | Age | Since | Current Position |
|---|---|---|---|
Jon Kirchner |
44 | 2010 | Chairman of the Board, Chief Executive Officer |
Melvin Flanigan |
53 | 2003 | Chief Financial Officer, Executive Vice President - Finance |
Brian Towne |
47 | 2010 | Chief Operating Officer, Executive Vice President |
Frederick Kitson |
60 | 2010 | Executive Vice President, Chief Technology Officer |
Blake Welcher |
50 | 2003 | Executive Vice President - Legal, General Counsel, Corporate Secretary |
Patrick Watson |
51 | 2011 | Executive Vice President - Corporate Strategy and Business Development |
Kris Graves |
37 | 2012 | Senior Vice President - Human Resources |
Joerg Agin |
69 | 2009 | Lead Independent Director |
Craig Andrews |
59 | 2010 | Independent Director |
L. Gregory Ballard |
58 | 2008 | Independent Director |
Bradford Duea |
43 | 2010 | Independent Director |
V. Sue Molina |
62 | 2008 | Independent Director |
Ronald Stone |
68 | 2004 | Independent Director |
Thomas Yuen |
60 | 2012 | Independent Director |
Biographies
| Name | Description |
|---|---|
Jon Kirchner |
Mr. Jon E. Kirchner is Chairman of the Board, Chief Executive Officer of DTS, Inc. From September 2001 to February 2010, he served as President and Chief Executive Officer. He has been a member of Board of Directors since August 2002. Since joining company in 1993, Mr. Kirchner has served in a number of capacities. From April 2000 to September 2001, he was President and Chief Operating Officer. From September 1998 to April 2000, he served as Executive Vice President of Operations, and from March 1996 to September 1998, he was Vice President of Finance and Business Development. Mr. Kirchner has also served as Director of International Operations and Controller. Prior to joining company, Mr. Kirchner worked for the Dispute Analysis and Corporate Recovery and Audit Groups of Price Waterhouse LLP (now PricewaterhouseCoopers, LLP), an international accounting firm. During his tenure at Price Waterhouse LLP, he advised clients on financial and operational restructuring, business turnaround, market positioning, and valuation issues. Mr. Kirchner has experience in a variety of industries including entertainment, high technology, manufacturing, distribution, and transportation. He is a Certified Public Accountant and received a B.A. in Economics, Cum Laude, from Claremont McKenna College. Mr. Kirchner was selected to serve on and lead Board due to his detailed knowledge of all aspects of the operations of the Company, his accounting background and exposure to a number of industries, giving him sound, practical business judgment. |
Melvin Flanigan |
Mr. Melvin L. Flanigan is Executive Vice President - Finance and Chief Financial Officer of DTS, Inc. Prior to that, he served as Vice President and Chief Financial Officer since joining company in July 1999. From March 1996 to July 1999, he served as Chief Financial Officer and Vice President, Operations at SensArray Corporation, a supplier of thermal measurement products for semiconductor, LCD, and memory-disk fabrication processes. Mr. Flanigan led SensArray's manufacturing and finance efforts. Prior to joining SensArray, Mr. Flanigan was Corporate Controller for Megatest Corporation, a manufacturer of automatic test equipment for logic and memory chips, where he was involved in international mergers and acquisitions activities. Mr. Flanigan has also previously held positions at Cooperative Solutions, Inc., a software developer in the client server transaction processing market, Hewlett-Packard Company, a provider of information technology infrastructure, personal computing and access devices, global services, and imaging and printing, and Price Waterhouse LLP (now PricewaterhouseCoopers LLP). He is a Certified Public Accountant and holds an M.B.A. and B.Sc. in Accounting from Santa Clara University. |
Brian Towne |
Mr. Brian D. Towne is Executive Vice President and Chief Operating Officer of DTS, Inc since June 2010, prior to that he served as Executive Vice President and General Manager since February 2009. Previously, he served as Senior Vice President and General Manager Consumer Division since August 2006 and, prior to that, as Senior Vice President Consumer/Pro Audio since August 2003. From April 2002 to August 2003, he served as Director of Product Management at Kenwood USA Corporation, a manufacturer of mobile electronics, home entertainment, and communications equipment, where he led all home and mobile entertainment product planning and development for the North American market. From August 1995 to April 2002, Mr. Towne held various product planning, development and marketing positions at Kenwood USA. Prior to Kenwood USA, he held various research and development and marketing positions at Pioneer Electronics (USA) Inc., the sales and marketing arm of Pioneer Corporation, a manufacturer of consumer and commercial electronics. Fluent in Japanese, Mr. Towne spent part of his tenure at Pioneer living and working in Japan. He also previously served as an Electronics Specialist in the United States Marine Corps. Mr. Towne holds a B.S. in Engineering Technology, with honors, from California Polytechnic University, Pomona. |
Frederick Kitson |
Dr. Frederick Lee Kitson is Executive Vice President and Chief Technology Officer of DTS, Inc since February 2010. From June 2008 to February 2010, he was the Corporate Vice President and Head of Corporate R&D of the Applied Research Center at Motorola, and from June 2005 to June 2008, he was the Vice President of Motorola's Global Applications and Software Research Center. From January 2000 to June 2005, he worked for Hewlett Packard as the Senior Director of the Mobile and Media Systems Labs. His areas of include multimedia digital signal processing, mobile systems, computer systems and graphics and consumer electronics. Mr. Kitson holds a Ph.D in Electrical & Computer Engineering in Digital Signal Processing, Speech, and Adaptive Signal Processing from the University of Colorado, an M.S. in Electrical Engineering from the Georgia Institute of Technology, and a B.S. with Honors in Electrical Engineering from the University of Delaware. |
Blake Welcher |
Mr. Blake A. Welcher is Executive Vice President - Legal, General Counsel and Corporate Secretary of DTS, Inc since September 2003 and, prior to that, as Vice President and General Counsel since February 2000. From April 1999 to February 2000, Mr. Welcher served as General Counsel, Intellectual Property, where he was responsible for the Company's intellectual property assets and licensing. Prior to joining the company, from April 1997 to April 1999, Mr. Welcher served as an intellectual property attorney for Koppel & Jacobs, where he provided intellectual property support and counsel for clients in the electrical, mechanical, and entertainment industries. Previously, he served in the same capacity for the Cabot Corporation, a global specialty chemicals company. Mr. Welcher holds a J.D. and Masters of Intellectual Property from Franklin Pierce Law Center and a B.S. in Aeronautical Engineering from California Polytechnic State University at San Luis Obispo. |
Patrick Watson |
Mr. Patrick J. Watson is Executive Vice President - Corporate Strategy and Business Development of DTS Inc since December 2011, having previously served as Senior Vice President, Corporate Strategy and Development since September 2003. From February 2000 to September 2003, Mr. Watson served as Vice President of Business Development and, from February 1997 to January 2000, as Director of Technical Sales, where he led the penetration of technology in the consumer electronics home theater market, as well as the proliferation of technology in new markets such as cars, personal computers, video games, and broadcast. Prior to joining company, Mr. Watson worked in technical sales for a number of firms focused on audio coding technology including Audio Processing Technology Ltd. and AlgoRhythmic Technology, Ltd. in Northern Ireland. He graduated from Ulster University in Northern Ireland with a degree in engineering and from Queens University in Belfast, Northern Ireland with a Masters in Electronics. |
Kris Graves |
Ms. Kris M. Graves is Senior Vice President - Human Resources of DTS Inc since March 2012. Prior to that, Ms. Graves served as the Senior Vice President of Human Resources and Administration at THQ Inc., a developer and publisher of interactive software, from October 2009 to March 2012, and was responsible for developing human capital strategies and programs. From March 2003 to October 2009, Ms. Graves held a variety of progressive human resources leadership positions at THQ. Prior to joining THQ, Kris served in a human resources management role for PricewaterhouseCoopers from July 2001, to March 2003. She also served as a senior consultant at Ernst & Young LLP from August 1997 to June 2000, and advised clients on human resources strategies and systems. Ms. Graves holds a bachelor's degree from Loyola Marymount University. |
Joerg Agin |
Mr. Joerg D. Agin is Lead Independent Director of DTS, Inc since July 2003, and currently serves as Lead Independent Director and also serves on Audit Committee. Since September 2001, he has been the President of Agin Consulting, a consulting business engaged for specific project work associated with hybrid and digital motion imaging systems. Mr. Agin retired in September 2001 from the Eastman Kodak Company, a manufacturer and marketer of imaging products. He first joined Kodak in 1967 as an electrical engineer, but, most recently, from 1995 through August 2001, he served as Senior Vice President and President of the company's Entertainment Imaging division. Mr. Agin also worked at MCA/Universal Studios, a motion picture studio, as Senior Vice President, New Technology and Business Development from 1992 through 1995. Mr. Agin is a Fellow of the Society of Motion Pictures & Television Engineers and the recipient of the Technicolor Herbert T. Kalmus Gold Medal Award for achievement in color motion pictures. Mr. Agin attended MIT Sloan School of Management for Senior Executives, holds a B.S. in Electrical Engineering from the University of Delaware, and an M.B.A. from Pepperdine University. |
Craig Andrews |
Mr. Craig S. Andrews is Independent Director of DTS, Inc since June 2010, and currently serves as Chair of Compensation Committee and also serves on Nominating/Corporate Governance Committee. Mr. Andrews has been Of Counsel to the law firm of DLA Piper LLP (US) since January 2010, and was a partner at the firm from May 2008 through December 2009. Mr. Andrews has also been Chief Operating Officer of Renova Therapeutics, Inc., a privately held gene therapy company, since June 2008. From March 2003 to June 2008, he was a shareholder of Heller Ehrman, LLP. From March 1987 to February 2003, he was a partner in the Brobeck, Phleger & Harrison law firm, other than for the period from May 2000 to January 2002, during which he spent time as the vice-president of business development at Air Fiber, Inc., a private telecommunications company, and as a partner at the law firm of Latham & Watkins. Mr. Andrews has been advising boards of directors of public and private companies for over 25 years, with a focus in representing emerging-growth companies, as well as an in general business and corporate law. Mr. Andrews has played an important role in the formation and development of numerous companies. From September 1999 until August 2010, he was a director of Rubio's Restaurants, Inc. (formerly a NASDAQ listed company), where he was the chairman of the nominating and corporate governance committee and a member of the company's compensation committee. He has previously served as director of numerous other public and private companies, including Encad, Inc. (formerly a NASDAQ listed company), and Collateral Therapeutics, Inc. (formerly a NASDAQ listed company). Mr. Andrews received a Bachelors of Arts degree from the University of California Los Angeles, and a J.D. from the University of Michigan. |
L. Gregory Ballard |
Mr. L. Gregory Ballard is Independent Director of DTS, Inc since May 2008, and, since February 2011, has served on Nominating/Corporate Governance Committee. He currently serves as Senior Vice President, Digital Games for Warner Bros Interactive Entertainment. From May 2010 to September 2010, Mr. Ballard served as Chief Executive Officer of Transpera, Inc. a mobile video advertising network. From October 2003 through December 2009, Mr. Ballard served as President & Chief Executive Officer of Glu Mobile Inc., a publisher of mobile video games. In recent years, Mr. Ballard served on the board of Pinnacle Systems, Inc., Imagine Games Network and THQ Inc. He has also served on the Compensation Committee of Pinnacle Systems, Inc. Prior to joining Glu Mobile in October of 2003, Mr. Ballard consulted for Virgin USA, Inc. from April 2003 to September 2003. Prior to then, he served as Chief Executive Officer at SONICblue Incorporated, a manufacturer of ReplayTV digital video recorders and Rio digital music players, from August 2002 to April 2003, when it filed for Chapter 11 bankruptcy protection. Mr. Ballard was also Executive Vice President of Marketing and Product Management at SONICblue from April 2002 to August 2002. Between July 2001 and April 2002, Mr. Ballard worked as a consultant. Mr. Ballard served as Chief Executive Officer of MyFamily.com, Inc., a subscription-based Internet service, from January 2000 to July 2001. Previously, he served as Chief Executive Officer or in another senior executive capacity with 3dfx Interactive, Inc., an advanced graphics chip manufacturer, Warner Custom Music Corp., a division of Time Warner, Inc., Capcom Entertainment, Inc., a developer and publisher of video games, and Digital Pictures, Inc., a video game developer and publisher. Mr. Ballard holds a B.A. degree in Political Science from the University of Redlands and a J.D. from Harvard Law School. |
Bradford Duea |
Mr. Bradford D. Duea is Independent Director of DTS, Inc since March 2010, and also serves on Compensation Committee. Mr. Duea currently serves as Senior Vice President, Value Added Services for T-Mobile USA. Mr. Duea is responsible for T-Mobile USA's content business, next generation communication services, mobile portal and related discovery products, search and advertising business, its mobile broadband business, including emerging devices such as tablets, and its wholesale business, including mobile virtual network operators and machine to machine businesses. Mr. Duea initially joined T-Mobile in April 2010 as General Manager and Vice President, Communications, Applications and Media and was promoted to his current role in November 2010. From January 2004 until February 2010, Mr. Duea was the President of Napster, Inc. where he was responsible for all international activities, including acting as a board member to Napster Japan (a joint venture with Tower Records Japan) and overseeing the business development activities of the company on a worldwide basis, including Napster Mobile. From May 2003 to January 2004, Mr. Duea served as Vice President, Worldwide Business Development for Roxio, Inc. (which later became Napster, Inc.), where he was responsible for all business development efforts for the company, including those for Napster. Mr. Duea holds a B.A. in Law and Society from the University of California at Santa Barbara, an M.B.A. in Finance and International Business from the University of Southern California, and a J.D. from the University of San Diego. |
V. Sue Molina |
Ms. V. Sue Molina is Independent Director of DTS, Inc. She currently serves as Chair of Nominating/Corporate Governance Committee and serves on Audit Committee. From November 1997 until her retirement in May 2004, she was a tax partner at Deloitte & Touche LLP, an international accounting firm, serving from 2000 until May 2004 as the national partner in charge of Deloitte's Initiative for the Retention and Advancement of Women. Prior to that, she spent twenty years with Ernst & Young LLP, an international accounting firm, the last ten years as a partner. From August 2006 to May 2009, Ms. Molina served as a member of the Board of Directors and Audit Committee, and was Chair of the Compensation Committee of Sucampo Pharmaceuticals, Inc., a pharmaceutical company. Currently, Ms. Molina is a member of the Board of Directors, Chair of the Audit Committee and a member of the Compensation Committee of Royal Neighbors of America, a fraternal insurance company. She holds a B.S.B.A. and a Masters of Accounting degree from the University of Arizona. |
Ronald Stone |
Mr. Ronald N. Stone is Independent Director of DTS, Inc. He currently serves as Chair of Audit Committee and also serves on Compensation Committee. Mr. Stone is currently President of Stone Consulting, Inc., a firm providing consulting services to the consumer electronics and real estate industries. Until April 2005, Mr. Stone served as an advisor to Pioneer Electronics (USA) Inc., a global consumer electronics company, a role he held after he retired from Pioneer in May 2003. At the time of his retirement, Mr. Stone served as president of Pioneer's Customer Support Division, a position he had held since March 2000. The Customer Support Division was responsible for product services, accessories, and after-sales operations for several Pioneer entities. Prior to his position as president of the Customer Support Division, Mr. Stone served as executive vice president and Chief Financial Officer of Pioneer Electronics (USA) Inc. since 1985. Mr. Stone also served on the board of directors of Pioneer and several of its North American subsidiaries. Mr. Stone began his career with Pioneer Electronics in 1975. Mr. Stone served on the executive committee of the Consumer Electronics Association (CEA), owner of the International Consumer Electronics Show® for more than 15 years, and is a former chairman of that organization's board of directors. He also serves on the UCLA Medical Center board of advisors and on its Information Technology and Finance committees. Mr. Stone received his bachelor's degree in accounting from the University of Southern California. He is a Certified Public Accountant. |
Thomas Yuen |
Basic Compensation
| Name | Fiscal Year Total |
|---|---|
Jon Kirchner |
3,817,330 |
Melvin Flanigan |
1,402,040 |
Brian Towne |
1,833,350 |
Frederick Kitson |
1,568,040 |
Blake Welcher |
1,454,070 |
Patrick Watson |
481,050 |
Kris Graves |
-- |
Joerg Agin |
-- |
Craig Andrews |
-- |
L. Gregory Ballard |
-- |
Bradford Duea |
-- |
V. Sue Molina |
-- |
Ronald Stone |
-- |
Thomas Yuen |
-- |
As Of 30 Dec 2011
Options Compensation
| Name | Options | Value |
|---|---|---|
Jon Kirchner |
473,361 | 4,884,226 |
Melvin Flanigan |
156,170 | 1,698,742 |
Brian Towne |
104,500 | 1,084,280 |
Frederick Kitson |
12,500 | 173,335 |
Blake Welcher |
193,774 | 2,272,306 |
Patrick Watson |
83,870 | 1,374,421 |
Kris Graves |
0 | 0 |
Joerg Agin |
0 | 0 |
Craig Andrews |
0 | 0 |
L. Gregory Ballard |
0 | 0 |
Bradford Duea |
0 | 0 |
V. Sue Molina |
0 | 0 |
Ronald Stone |
0 | 0 |
Thomas Yuen |
0 | 0 |
| Name | Shares Traded | Price |
|---|---|---|
KITSON FREDERICK LEE |
100 | $19.08 |
KITSON FREDERICK LEE |
1,300 | $19.08 |
KITSON FREDERICK LEE |
1,156 | $19.07 |
KITSON FREDERICK LEE |
1,405 | $17.45 |
WELCHER BLAKE A |
5,000 | $17.32 |
GRAVES KRIS |
386 | $18.55 |
DUEA BRADFORD DAVID |
1,000 | $0.00 |
KITSON FREDERICK LEE |
1,269 | $19.81 |
KITSON FREDERICK LEE |
3,375 | $0.00 |
TOWNE BRIAN D |
2,809 | $19.67 |
KITSON FREDERICK LEE |
1,450 | $19.67 |
KIRCHNER JON E |
7,873 | $19.67 |
WELCHER BLAKE A |
1,500 | $0.00 |
KIRCHNER JON E |
3,750 | $0.00 |
WATSON PATRICK J |
750 | $0.00 |
FLANIGAN MELVIN L |
2,553 | $19.67 |
WELCHER BLAKE A |
2,626 | $19.67 |
TOWNE BRIAN D |
2,000 | $0.00 |
WATSON PATRICK J |
1,477 | $19.67 |
FLANIGAN MELVIN L |
1,500 | $0.00 |
STONE RONALD NORMAN |
200 | $15.28 |
STONE RONALD NORMAN |
1,200 | $15.27 |
STONE RONALD NORMAN |
200 | $15.27 |
KIRCHNER JON E |
21,340 | $23.10 |
KIRCHNER JON E |
6,660 | $23.88 |
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