compound semiconductor ♦ news digest
Finisar Corporation appoint Kurt Adzema as Senior Vice President and Chief Financial Officer
2010-03-09
On March 2, 2010, the Board of Directors of Finisar Corporation (the “Company”) appointed Kurt Adzema, age 40, to serve as the Company’s Senior Vice President and Chief Financial Officer.
Steve Workman, who has served as the Company’s Chief Financial Officer since joining the Company in 1999 prior to its initial public offering, will assume the role of Senior Vice President of Corporate Development and Investor Relations. These changes will become effective upon the filing of the Company’s Form 10-Q report for the quarter ended January 31, 2010.
Mr. Adzema has served as the Company’s Vice President of Strategy & Corporate Development since joining the Company in January 2005. Prior to joining the Company, he held various positions at SVB Alliant, a subsidiary of Silicon Valley Bank which advised technology companies on M&A transactions, at Montgomery Securities/Banc of America Securities, an investment banking firm, and in the financial restructuring group of Smith Barney. Mr. Adzema holds a BA in Mathematics from the University of Michigan and an MBA from the Wharton School at the University of Pennsylvania.
Mr. Adzema will receive compensation in accordance with the Company’s executive compensation package, and is eligible to participate in the Company’s Executive Retention and Severance Plan, all as described in the Company’s definitive proxy statement for its annual meeting of stockholders held on November 18, 2009, which definitive proxy statement was filed with the Securities and Exchange Commission on October 8, 2009 and is available at
http://www.sec.gov . In addition, Mr. Adzema will enter into the Company’s standard indemnification agreement made
Jenoptik Group opens laser application center in Korea.
2010-03-09
Customers and interested parties in the areas of electronic, flat panel as well as photovoltaics and automotive can test and further develop production processes and lasers.
The official opening of the new sales, application and service site took place today. Customers and partners were presented the entire product spectrum of the Lasers & Material Processing as well as Optical Systems divisions.
available to all of the Company’s executive officers.
Jenoptik Chairman of the Executive Board Dr. Michael Mertin and CFO Frank Einhellinger opened the new laser application center in the presence of around 100 invited guests from business and politics, among them numerous customers and partners of the Jenoptik Group in Asia. “This moves our process of internationalization a major step forward. Direct market access and a trained service team are indispensable for complex systems. With the new center, we have laid the foundation for further business activities of all divisions of the Jenoptik Group,” said Michael Mertin at the opening.
Customers and interested parties from across Asia can now test lasers and laser applications
April/May 2010
www.compoundsemiconductor.net 239
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