People: Hutchinson Technology Inc (HTCH.O)
HTCH.O on Nasdaq
5.61USD
1:43pm EDT
5.61USD
1:43pm EDT
Price Change (% chg)
$-0.47 (-7.80%)
$-0.47 (-7.80%)
Prev Close
$6.09
$6.09
Open
$6.07
$6.07
Day's High
$6.12
$6.12
Day's Low
$5.60
$5.60
Volume
401,582
401,582
Avg. Vol
501,725
501,725
52-wk High
$6.69
$6.69
52-wk Low
$1.20
$1.20
Summary
| Name | Age | Since | Current Position |
|---|---|---|---|
Wayne Fortun |
64 | 2012 | Chairman of the Board |
Richard Penn |
56 | 2012 | President, Chief Executive Officer, Director |
David Radloff |
53 | 2010 | Chief Financial Officer, Vice President |
Jose Rodriguez Moreno |
2012 | Chief Operating Officer | |
Dale Ruzicka |
52 | 2012 | Vice President - Operations |
R. Scott Schaefer |
59 | Vice President, Chief Technical Officer | |
Connie Pautz |
54 | 2009 | Vice President - Human Resources and Corporate Communications |
Russell Huffer |
63 | 2009 | Lead Independent Director |
Martha Aronson |
45 | 2010 | Independent Director |
William Monahan |
65 | 2000 | Independent Director |
Frank Russomanno |
65 | 2011 | Independent Director |
Philip Soran |
56 | 2011 | Independent Director |
Thomas VerHage |
60 | 2006 | Independent Director |
Charles Ives |
Director - Investor Relations |
Biographies
| Name | Description |
|---|---|
Wayne Fortun |
Mr. Wayne M. Fortun serves as Chairman of the Board of Hutchinson Technology Inc., effective from October 1, 2012. He is no longer President, Chief Executive Officer and Director of the company, effective October 1, 2012. He was elected President and Chief Operating Officer in 1983 and Chief Executive Officer in May 1996, and is now President and Chief Executive Officer. He is also a director of G&K Services, Inc. and C.H. Robinson Worldwide, Inc. |
Richard Penn |
Mr. Richard J. Penn is President, Chief Executive Officer, Director of Hutchinson Technology Inc. Mr. Penn served as Senior Vice President and President of Disk Drive Components Division from March 2011 until September 30, 2012. He was Senior Vice President and President of BioMeasurement Division from April 2007 to March 2011. Prior to that, he was Vice President of Operations from October 2003 to November 2005, and was Senior Vice President and President of Disk Drive Components Division from November 2005 to April 2007. |
David Radloff |
Mr. David P. Radloff is Chief Financial Officer, Vice President of Hutchinson Technology Inc. Previously, he had served as Corporate Controller since January 2009. He served as Vice President of Corporate Finance from December 2007 to January 2009 and as Chief Information Officer from February 2000 to January 2009. He has been with HTI since 1986. |
Jose Rodriguez Moreno |
Mr. Jose Carlos Rodriguez Moreno is appointed as the Chief Operating Officer of Hutchinson Technology Inc. Mr. Rodriguez Moreno is a professional geologist with over 28 years of experience in underground mines and regional exploration in Mexico. Mr. Rodriguez Moreno graduated in 1984 from the University of Sonora in Hermosillo, Mexico in geology. He is also a graduate from the Colorado School of Mines with a degree in mineral exploration. He is joining the Avino management team to strengthen the operational and managerial leadership at the Mine. Mr. Rodriguez Moreno is familiar with the underground workings at the Avino Mine as he was the last chief geologist at Avino before the operation ceased in 2001. Since his last post at Avino, Mr. Rodriguez Moreno has worked for Luzon Minerals Ltd. in the States of San Luis Potosi, Aguascalientes, Zacatecas and Durango, Mexico, as well as for Kings Minerals Ltd., an Australian mining company exploring the Cerro El Gallo project in the state of Guanajuato. He joined Avino again in 2006 as mine exploration and general manager and was instrumental in the discovery of the San Gonzalo deposit in 2007. He started rehabilitating the 250 tpd flotation circuit, brought it on line in 2010, and built the water treatment facility for treating mine water and is now moving forward to re-furbish the 1,000 tpd circuit for a total mill throughput of 1,250 tpd. Founded in 1968, Avino has established a long record of mining and exploration in Mexico. |
Dale Ruzicka |
Mr. Dale M. Ruzicka is Vice President - Operations of Hutchinson Technology Inc. Previously, he had served as plant manager since May 2008. He served as Director of Manufacturing Strategy from 2006 to May 2008 and Director of Asian Operations from 2000 to 2006. He has been with HTI since 1982. |
R. Scott Schaefer |
Mr. R. Scott Schaefer is Vice President, Chief Technical Officer of Hutchinson Technology Inc. Mr. Schaefer was elected Vice President in May 1990 and is now Vice President and Chief Technology Officer. He has been with HTI since 1979. |
Connie Pautz |
Ms. Connie L. Pautz is Vice President - Human Resources and Corporate Communications of Hutchinson Technology Inc. Previously, she had served as Human Resources Director since January 2009. She served as Corporate Communications Director from March 2001 to December 2009. She has been with HTI since 1984. |
Russell Huffer |
Mr. Russell Huffer is Lead Independent Director of Hutchinson Technology Inc., October 9, 2009. He has been Chairman of Apogee Enterprises, Inc., a manufacturer of glass products, services and systems, since June 1999. He has been President, Chief Executive Officer and a director of Apogee since January 1998, and has served in various senior management positions with Apogee or its subsidiaries since 1986. |
Martha Aronson |
Ms. Martha Goldberg Aronson is Independent Director of Hutchinson Technology Inc. She has been Senior Vice President and President, North America, of Hill-Rom Holdings, Inc., a manufacturer and provider of medical technologies and related services for the health-care industry, since August 2010. Prior to joining Hill-Rom, she served as Senior Vice President at Medtronic, Inc., a manufacturer of medical devices, from March 2008 to November 2009, as Medtronic’s Vice President – Investor Relations from May 2006 to March 2008 and as its Vice President, Western Europe, from 2003 to 2006. Prior to joining Medtronic in 1991, Ms. Goldberg Aronson was an associate consultant at Bain & Company, a global management consulting firm. Ms. Goldberg Aronson graduated Phi Beta Kappa and magna cum laude with a bachelor's degree in economics from Wellesley College. She earned her master's degree in business administration from Harvard Business School. She is a member of the Minnesota Women's Economic Roundtable and the Wellesley College Business Leadership Council and serves on the boards of the Minnesota Opera and the Minneapolis Club. |
William Monahan |
Mr. William T. Monahan is Independent Director of Hutchinson Technology Inc. He spent 24 years at 3M Company numerous business and international operations. He was Chairman of the Board, President, Chief Executive Officer and a director of Imation Corp., a developer, manufacturer and marketer of data storage and imaging products and services, from March 1996 to June 2004. He is also a director of Pentair, Inc., The Mosaic Company and Solutia Inc. |
Frank Russomanno |
Mr. Frank P. Russomanno serves as Independent Director of Hutchinson Technology Inc., since October 7, 2011. He retired from his positions with Imation Corp., a developer, manufacturer and marketer of data storage and imaging products and services, in May 2010. He served as Chief Executive Officer of Imation from April 2007 until his retirement and as Vice Chairman from March 2009 until his retirement. He had also served as Imation’s President from April 2007 to March 2009 and served as a director of Imation from April 2007 until he retired. Mr. Russomanno previously served as Chief Operating Officer of Imation from November 2003 to April 2007, and he was also acting Chief Executive Officer and President from November 2006 to April 2007. Prior roles with Imation include President of Data Storage and Information Management and Director of Corporate Sales and Marketing. Mr. Russomanno began his career with 3M Company in 1973 and served in various roles there, including European Business Unit Director, until 3M spun off Imation in 1996. Mr. Russomanno is also a director of Emrise Corporation. He holds a bachelor's of arts degree in history from Seton Hall University. He also has undertaken graduate work at the University of Oklahoma and Monmouth College and served in the United States Army as an artillery officer, achieving the rank of Captain. |
Philip Soran |
Mr. Philip E. Soran serves as Independent Director of Hutchinson Technology Inc., since October 7, 2011. He co-founded Compellent Technologies, Inc., a publicly traded company that provided virtualized storage solutions with automated data management features for enterprise and cloud-computing environments, in 2002. He served as its President and Chief Executive Officer until February 2011, when it was acquired by Dell Inc. Mr. Soran currently serves as the President of Dell Compellent. Prior to co-founding Compellent Technologies, Mr. Soran served as Chief Executive Officer and President of XIOtech Corp., a network storage vendor that he co-founded in 1995. He has also served as an Executive Vice President at Prodea Software and has held various management, sales, marketing and technical positions at IBM. Mr. Soran is also a director of SPS Commerce, Inc. Mr. Soran was also a director of Stellent from 2003 to 2006 until the company was acquired by Oracle. He holds a bachelor's of arts degree in education from the University of Northern Colorado. |
Thomas VerHage |
Mr. Thomas R. VerHage is Independent Director of Hutchinson Technology Inc. He retired from his positions with Donaldson Company, Inc., a worldwide provider of filtration systems and replacement parts, in October 2011. From 2004 until his retirement, Mr. VerHage served as Vice President and Chief Financial Officer of Donaldson. Prior to joining Donaldson Company, he was a partner at Deloitte & Touche LLP, an independent registered public accounting firm, from 2002 to 2004, and a partner at Arthur Andersen LLP from 1987 to 2002. He is also a director of Franklin Electric Co., Inc. |
Charles Ives |
Basic Compensation
| Name | Fiscal Year Total |
|---|---|
Wayne Fortun |
816,135 |
Richard Penn |
503,064 |
David Radloff |
351,433 |
Jose Rodriguez Moreno |
-- |
Dale Ruzicka |
-- |
R. Scott Schaefer |
408,291 |
Connie Pautz |
236,553 |
Russell Huffer |
-- |
Martha Aronson |
-- |
William Monahan |
-- |
Frank Russomanno |
-- |
Philip Soran |
-- |
Thomas VerHage |
-- |
Charles Ives |
-- |
As Of 29 Sep 2012
Options Compensation
| Name | Options | Value |
|---|---|---|
Wayne Fortun |
659,670 | 1,257,250 |
Richard Penn |
134,330 | 93,685 |
David Radloff |
0 | 0 |
Jose Rodriguez Moreno |
0 | 0 |
Dale Ruzicka |
0 | 0 |
R. Scott Schaefer |
183,470 | 121,705 |
Connie Pautz |
0 | 0 |
Russell Huffer |
0 | 0 |
Martha Aronson |
0 | 0 |
William Monahan |
0 | 0 |
Frank Russomanno |
0 | 0 |
Philip Soran |
0 | 0 |
Thomas VerHage |
0 | 0 |
Charles Ives |
0 | 0 |
| Name | Shares Traded | Price |
|---|---|---|
RUSSOMANNO FRANK P |
1,000 | $5.32 |
RUSSOMANNO FRANK P |
1,500 | $3.16 |
ARONSON MARTHA GOLDBERG |
15,000 | $3.21 |
HUFFER RUSSELL |
5,000 | $3.12 |
VERHAGE THOMAS R |
36,075 | $2.77 |
SORAN PHILIP E |
1,667 | $1.53 |
RUSSOMANNO FRANK P |
4,381 | $3.00 |
SORAN PHILIP E |
5,841 | $3.00 |
RUSSOMANNO FRANK P |
2,000 | $2.96 |
RUSSOMANNO FRANK P |
2,500 | $1.63 |
ARONSON MARTHA GOLDBERG |
10,000 | $1.65 |
MONAHAN WILLIAM THOMAS |
11,970 | $1.53 |
RUSSOMANNO FRANK P |
8,977 | $1.53 |
SORAN PHILIP E |
10,336 | $1.53 |
HUFFER RUSSELL |
5,000 | $1.64 |
RUSSOMANNO FRANK P |
5,000 | $1.39 |
PENN RICHARD J |
30,000 | $1.40 |
VERHAGE THOMAS R |
47,000 | $1.40 |
SORAN PHILIP E |
15,000 | $1.41 |
MONAHAN WILLIAM THOMAS |
10,000 | $2.28 |
ARONSON MARTHA GOLDBERG |
20,000 | $2.24 |
RUSSOMANNO FRANK P |
2,500 | $2.10 |
RADLOFF DAVID P |
5,000 | $2.13 |
VERHAGE THOMAS R |
30,000 | $2.14 |
SORAN PHILIP E |
6,816 | $2.32 |

