People: LTX-Credence Corporation (LTXC.O)
LTXC.O on Consolidated Issue listed on NASDAQ Global Market
2.42USD
9 Feb 2010
2.42USD
9 Feb 2010
Price Change (% chg)
$0.08 (+3.42%)
$0.08 (+3.42%)
Prev Close
$2.34
$2.34
Open
$2.38
$2.38
Day's High
$2.45
$2.45
Day's Low
$2.37
$2.37
Volume
488,451
488,451
Avg. Vol
1,569,715
1,569,715
52-wk High
$2.86
$2.86
52-wk Low
$0.18
$0.18
Summary
| Name | Age | Since | Current Position |
|---|---|---|---|
| Blethen, Roger | 58 | 2008 | Chairman of the Board |
| Tacelli, David | 50 | 2005 | President, Chief Executive Officer, Director |
| Gallenberger, Mark | 45 | 2000 | Chief Financial Officer, Vice President, Treasurer |
| Rood, Peter | 53 | 2004 | Vice President - Product Development and Operations |
| MacDonald, Bruce | 46 | 2008 | Vice President - Marketing |
| Jennings, Stephen | 48 | 1997 | Director |
| Maggs, Roger | 63 | 1994 | Director |
| Ain, Mark | 66 | 2001 | Director |
| Holland, Lori | 51 | 2008 | Director |
| Wright, Bruce | 61 | 2008 | Director |
| Yang, Ping | 57 | 2008 | Director |
Biographies
| Name | Description |
|---|---|
| Blethen, Roger | Mr. Blethen is Chairman of the Board of LTX-Credence Corporation. He has been a Director since 1980 and served as Chairman of the Board from December 2001 until the Company’s merger with Credence Systems Corporation (“Credence”) in August 2008. He was Chief Executive Officer of the Company from September 1996 until November 2005. Mr. Blethen was President of the Company from 1994 to 1996 and a Senior Vice President of the Company from 1985 until 1994. Mr. Blethen was a founder of the Company and served in a number of senior management positions with the Company since its formation in 1976. Mr. Blethen serves as a director of MEMSIC, Inc. and as Chairman of the Board of Diablo Technologies, Inc. |
| Tacelli, David | Mr. David G. Tacelli is President, Chief Executive Officer, Director of LTX-Credence Corporation. He was elected a Director of the Company in November 2005 and has been Chief Executive Officer of the Company since November 2005. He served as President and Chief Operating Officer since May 2002 and remains President of the Company. Prior to that, he was Executive Vice President from December 1999 to May 2002. Prior to that, Mr. Tacelli served in various management positions with the Company, including: Chief Financial Officer and Treasurer (each from December 1998 to October 2000), Vice President, Operations (from 1996 to 1998), Director of Manufacturing of the Mixed Signal Division (from 1994 to 1996), Director of Customer Service (from 1992 to 1994), Controller and Business Manager for Operations (from 1990 to 1992) and Controller for Sales and Support (from 1988 to 1990). Prior to joining the Company, Mr. Tacelli was employed by Texas Instruments for seven years in various management positions. |
| Gallenberger, Mark | Mr. Mark J. Gallenberger is Chief Financial Officer, Vice President, Treasurer of LTX-Credence Corporation since October 2000. Prior to joining the Company, Mr. Gallenberger was a Vice President with Cap Gemini, Ernst & Young’s consulting practice. During his six years with Ernst & Young, Mr. Gallenberger established the Deals & Acquisitions Group, where he was involved in numerous domestic and international strategic acquisitions, joint ventures, alliances and equity investments. Prior to joining Cap Gemini, Mr. Gallenberger served in several technical and management positions within Digital Equipment Corporation’s semiconductor products group. |
| Rood, Peter | Mr. Peter S. Rood is Vice President - Product Development and Operations of LTX-Credence Corporation since November 2004. He rejoined the Company in June 2004 as Vice President of Engineering and Product Development. From May 2003 to June 2004, he was President and Chief Executive Officer of PSR Associates, a management consulting firm. From 1999 to 2003, he was Chief Operating Officer of InfoLibria Inc., a technology company with products for content delivery networks and streaming media, and from 1996 to 1999 he was Vice President of Operations of Rascom Corporation. Prior to that, he was Vice President of Operations for ASECO Corporation from 1993 to 1996, and from 1986 to 1993 he worked in a number of different management positions with the Company, including Vice President of Operations. |
| MacDonald, Bruce | Mr. Bruce R. MacDonald is Vice President - Marketing of LTX-Credence Corporation since November 2005. Mr. MacDonald joined the Company in 1985 and has held various positions including design engineer, applications engineer, marketing manager, general manager and vice president. He was also the general manager of the Fusion CX business unit having responsibility for managing the Company’s relationship with StepTech, developing the Fusion CX roadmap and providing marketing and sales support for the Fusion CX product. |
| Jennings, Stephen | Mr. Stephen M. Jennings is Director of LTX-Credence Corporation since 1997. Mr. Jennings was appointed Managing Partner of Monitor Group LP, a strategy consulting firm, in 2006 and has been a Director of Monitor since 1996. From 1988 to 1996, he was a consultant to that company. Mr. Jennings is Chairman of the Board of Aspen Technology, Inc. |
| Maggs, Roger | Mr. Roger J. Maggs is Director of LTX-Credence Corporation since 1994. Mr. Maggs is currently a partner at Celtic House Venture Partners, a private equity investment firm. He has held senior positions with that firm since 1994. Mr. Maggs was a Vice President of Alcan Aluminum Limited from 1986 until 1994. |
| Ain, Mark | Mr. Mark S. Ain is Director of LTX-Credence Corporation since September 2001. Since founding Kronos Incorporated, a workforce management company, in 1977, Mr. Ain has held the position of Chairman and, until 2005, Chief Executive Officer. Mr. Ain serves as a director of Kronos Incorporated, KVH Industries, Inc., and various private companies. He is also active on several professional and charitable boards. |
| Holland, Lori | Ms. Lori Holland is Director of LTX-Credence Corporation since August 29, 2008 when she was elected in connection with the merger with Credence. Ms. Holland has served as a consultant to various technology startups since January 2001. From November 1999 until December 2000, Ms. Holland was the Chief Financial Officer of Zaffire, Inc., a telecommunication company in California. Prior to that, Ms. Holland served as Chief Financial Officer of Read-Rite Corporation, a manufacturer of components to the disc drive industry, and NeoMagic Corporation, a fabless semiconductor company and supplier of low-power audio and video integrated circuits for mobile use. Ms. Holland currently serves on the Board of Directors and is the Chair of the audit committee of Oclaro Inc. |
| Wright, Bruce | Mr. Bruce R. Wright is Director of LTX-Credence Corporation since August 29, 2008 when he was elected in connection with the merger with Credence. Since June 1999, Mr. Wright has been Senior Vice President, Finance, Chief Financial Officer and Secretary of Ultratech, Inc., a photolithography and laser thermal processing equipment company. From May 1997 to May 1999, Mr. Wright served as Executive Vice President, Finance and Chief Financial Officer of Spectrian Corporation, a radio frequency (RF) amplifier company. From November 1994 through May 1997, Mr. Wright was Senior Vice President of Finance and Administration, and Chief Financial Officer of Tencor Instruments until its acquisition by KLA Instruments Corporation in 1997, which formed KLA-Tencor Corporation, and from December 1991 through October 1994, Mr. Wright was Vice President and Chief Financial Officer of Tencor Instruments. |
| Yang, Ping | Dr. Ping Yang, Ph.D. is Director of LTX-Credence Corporation since August 29, 2008 when he was elected in connection with the merger with Credence. Dr. Yang currently operates an independent consulting practice serving semiconductor companies, providing expertise in the areas of VLSI technology development, computer-aided design, circuits and systems, large-scale integrated circuits and solid-state electronics. Dr. Yang served as Vice President of Research and Development at Taiwan Semiconductor Manufacturing Company (“TSMC”) from June 2001 to November 2005. Prior to joining TSMC, Dr. Yang held various management positions at SMC North America and Texas Instruments. Dr. Yang currently serves as a director of Apache Design Solutions, Inc., Intervac, Inc. and Global Unichip. Dr. Yang is a fellow of the Institute of Electrical and Electronics Engineers and a recipient of the Institute’s Third Millennium Medal. |
Basic Compensation
| Name | Fiscal Year Total |
|---|---|
| Blethen, Roger | 1,361,670 |
| Tacelli, David | 1,898,270 |
| Gallenberger, Mark | 1,089,690 |
| Rood, Peter | 620,261 |
| MacDonald, Bruce | 679,631 |
| Jennings, Stephen | -- |
| Maggs, Roger | -- |
| Ain, Mark | -- |
| Holland, Lori | -- |
| Wright, Bruce | -- |
| Yang, Ping | -- |
As Of 30 Jul 2009
Options Compensation
| Name | Options | Value |
|---|---|---|
| Blethen, Roger | 1,753,604 | 157,578 |
| Tacelli, David | 865,176 | 275,500 |
| Gallenberger, Mark | 571,500 | 0 |
| Rood, Peter | 123,844 | 59,252 |
| MacDonald, Bruce | 0 | 0 |
| Jennings, Stephen | 0 | 0 |
| Maggs, Roger | 0 | 0 |
| Ain, Mark | 0 | 0 |
| Holland, Lori | 0 | 0 |
| Wright, Bruce | 0 | 0 |
| Yang, Ping | 0 | 0 |
| Name | Shares Traded | Price |
|---|---|---|
| GALLENBERGER MARK J | 24,289 | $1.45 |
| ROOD PETER S | 12,105 | $1.45 |
| TACELLI DAVID G | 38,577 | $1.45 |
| MACDONALD BRUCE | 4,763 | $1.70 |
| ROOD PETER S | 8,849 | $1.70 |
| TACELLI DAVID G | 29,528 | $1.70 |
| MACDONALD BRUCE | 7,859 | $1.70 |
| WALLACE DANIEL V | 2,858 | $1.70 |
| TACELLI DAVID G | 31,433 | $1.70 |
| GALLENBERGER MARK J | 9,922 | $1.70 |
| ROOD PETER S | 5,363 | $1.70 |
| WALLACE DANIEL V | 4,715 | $1.70 |
| MACDONALD BRUCE | 4,763 | $1.70 |
| TACELLI DAVID G | 35,719 | $1.70 |
| GALLENBERGER MARK J | 10,002 | $1.70 |
| ROOD PETER S | 7,293 | $1.70 |
| WALLACE DANIEL V | 3,175 | $1.70 |
| GALLENBERGER MARK J | 17,288 | $1.70 |
| TACELLI DAVID G | 22,226 | $1.67 |
| WALLACE DANIEL V | 2,382 | $1.67 |
| ROOD PETER S | 5,364 | $1.67 |
| GALLENBERGER MARK J | 9,922 | $1.67 |
| MACDONALD BRUCE | 4,764 | $1.67 |
| TACELLI DAVID G | 25,797 | $0.41 |
| GALLENBERGER MARK J | 8,732 | $0.41 |





