People: LTX-Credence Corp (LTXC.O)

LTXC.O on Nasdaq

6.08USD
17 May 2013
Price Change (% chg)

$0.17 (+2.88%)
Prev Close
$5.91
Open
$5.94
Day's High
$6.10
Day's Low
$5.94
Volume
202,807
Avg. Vol
215,420
52-wk High
$7.12
52-wk Low
$5.05

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Summary

Name Age Since Current Position

Roger Blethen

61 2008 Chairman of the Board

David Tacelli

53 2005 President, Chief Executive Officer, Director

Mark Gallenberger

49 2000 Chief Financial Officer, Vice President, Treasurer

Peter Rood

57 2004 Vice President - Product Development and Operations

Pascal Ronde

50 2012 Vice President - Global Field Operations

Stephen Wigley

56 2009 Vice President - Marketing

Mark Ain

69 2010 Lead Independent Director

Roger Maggs

66 1994 Independent Director

Jorge Titinger

51 2012 Independent Director

Bruce Wright

64 2008 Independent Director

Rich Yerganian

IR Contact Officer

Biographies

Name Description

Roger Blethen

Mr. Roger W. Blethen is Chairman of the Board of LTX-Credence Corporation. He has been a director since 1980 and has served as Chairman of the Board since December 2008. Mr. Blethen also served as Chairman of the Board from December 2001 until the merger with 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.

David Tacelli

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 has also served as President of the Company since May 2002 and served as Chief Operating Officer from May 2002 to November 2005. 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.

Mark Gallenberger

Mr. Mark J. Gallenberger is Chief Financial Officer, Vice President, Treasurer of LTX-Credence Corporation. He was appointed Vice President, Chief Financial Officer and Treasurer of the Company in 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 Ernst & Young, Mr. Gallenberger served in several technical and management positions within Digital Equipment Corporation’s semiconductor products group.

Peter Rood

Mr. Peter S. Rood is Vice President - Product Development and Operations of LTX-Credence Corporation since November 2004. 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.

Pascal Ronde

Mr. Pascal Ronde serves as Vice President - Global Field Operations of LTX-Credence Corporation since January 18, 2012. Mr. Ronde brings more than 27 years of semiconductor test market experience to LTX-Credence. In 2000, Mr. Ronde became the vice president of Sales, Service and Support for the Automated Test Group of the HP spinoff, Agilent Technologies. Renamed Verigy upon going public, it was acquired by Advantest in July 2011. While at HP, Mr. Ronde served in progressively more responsible sales management positions, including European business manager for semiconductor test. In 1999, he was promoted to general manager for the High Volume Manufacturing Test Customer Team in Europe, which included both the electronic manufacturing test customer team and the semiconductor test customer team. He joined HP in France in 1991 as a sales engineer for semiconductor test after 7 years with Saintel, a French distributor of ATE and ATE-related companies. Mr. Ronde holds a Masters degree in Electronics Engineering from the Institut National des Sciences Appliquees de Lyon, France.

Stephen Wigley

Mr. Stephen R. Wigley is a Vice President - Marketing of LTX Credence Corp., since November 2009. Prior to November 2009 he was Vice President, Product Marketing beginning September 2002. Mr. Wigley joined the Company in 2001. Prior to that he was Vice President of Asian Operations for RVSI Vanguard where he was responsible for sales and support of assembly equipment products. Prior to that, Mr. Wigley was employed by Schlumberger ATE serving in a variety of technical, commercial and management positions.

Mark Ain

Mr. Mark S. Ain is Lead Independent Director of LTX-Credence Corporation. He has been a director of the Company since 2001 and has served as Lead Independent Director since June 2010. 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., VeruTEK Technologies, Inc., and various private companies. He is also active on several professional and charitable boards.

Roger Maggs

Mr. Roger J. Maggs is an Independent 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. Mr. Maggs currently sits on the Board of Directors, and serves as Chairman, of Sandvine, Inc., a company traded on the London Stock Exchange, and the Toronto Stock Exchange, a position he has held since prior to its initial public offering on the London Stock Exchange.

Jorge Titinger

Mr. Jorge Luis Titinger serves as Independent Director of LTX-Credence Corporation since August 28, 2012. Mr. Titinger currently serves as president, chief executive officer, and a member of the board of directors of Silicon Graphics International Corp., a position he has held since February, 2012. Mr. Titinger served as president and chief executive officer of Verigy Ltd. from January 2011 until October 2011, as president and chief operating officer of Verigy Ltd. from July 2010 to January 2011, and as chief operating officer of Verigy, Ltd. from June 2008 to July 2010. Verigy Ltd. was acquired by Advantest Corporation in July 2011 and Mr. Titinger continued to serve in a transitional role following the acquisition until October 2011 as president and chief executive officer of Verigy Ltd., then a subsidiary of Advantest Corporation. Prior to his service at Verigy Ltd., Mr. Titinger held executive positions at FormFactor, Inc., KLA-Tencor Corporation, and Applied Materials, Inc. Mr. Titinger holds B.S. and M.S. degrees in Electrical Engineering and an M.S. degree in Engineering Management from Stanford University.

Bruce Wright

Mr. Bruce R. Wright is an Independent Director of LTX-Credence Corporation since August, 2008. 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.

Rich Yerganian

Basic Compensation

Name Fiscal Year Total

Roger Blethen

1,361,670

David Tacelli

1,537,000

Mark Gallenberger

1,026,180

Peter Rood

531,265

Pascal Ronde

1,031,400

Stephen Wigley

428,636

Mark Ain

--

Roger Maggs

--

Jorge Titinger

--

Bruce Wright

--

Rich Yerganian

--
As Of 30 Jul 2012

Options Compensation

Name Options Value

Roger Blethen

1,753,604 157,578

David Tacelli

865,176 275,500

Mark Gallenberger

571,500 0

Peter Rood

128,458 85,830

Pascal Ronde

0 0

Stephen Wigley

0 0

Mark Ain

0 0

Roger Maggs

0 0

Jorge Titinger

0 0

Bruce Wright

0 0

Rich Yerganian

0 0
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