Tessera (TSRA) Appoints Two New Independent Board Members
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Tessera Technologies, Inc. (Nasdaq: TSRA) has appointed Richard “Rick” S. Hill and Timothy “Tim” J. Stultz, Ph.D. to its board of directors, effective immediately.
Hill served as the chief executive officer of Novellus Systems, Inc. from 1993, as well as the chairman from 1996, until its acquisition for more than $3 billion by Lam Research Corporation in June 2012. Novellus supplied equipment used in the fabrication of integrated circuits. Dr. Stultz has served since 2007 as CEO, president and a director of Nanometrics Incorporated, a leader in process-control metrology and inspection systems used in the fabrication of semiconductors and other devices. These appointments will expand the Company’s board from six to eight members.
Dr. Stultz has more than 25 years of executive and operational management experience in technology and capital equipment manufacturing. Prior to Nanometrics, Dr. Stultz served as president, CEO, and a director of Imago Scientific Instruments Corporation, and as vice president and general manager of Veeco Instruments Metrology Group, where he was instrumental in bringing to market the world’s first fully automated Atomic Force Microscope. He also founded Peak Systems, Inc. Dr. Stultz earned his B.S., M.S., and Ph.D. in materials science and engineering from Stanford University.
Hill served as the chief executive officer of Novellus Systems, Inc. from 1993, as well as the chairman from 1996, until its acquisition for more than $3 billion by Lam Research Corporation in June 2012. Novellus supplied equipment used in the fabrication of integrated circuits. Dr. Stultz has served since 2007 as CEO, president and a director of Nanometrics Incorporated, a leader in process-control metrology and inspection systems used in the fabrication of semiconductors and other devices. These appointments will expand the Company’s board from six to eight members.
Dr. Stultz has more than 25 years of executive and operational management experience in technology and capital equipment manufacturing. Prior to Nanometrics, Dr. Stultz served as president, CEO, and a director of Imago Scientific Instruments Corporation, and as vice president and general manager of Veeco Instruments Metrology Group, where he was instrumental in bringing to market the world’s first fully automated Atomic Force Microscope. He also founded Peak Systems, Inc. Dr. Stultz earned his B.S., M.S., and Ph.D. in materials science and engineering from Stanford University.
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