news digest ♦ Equipment and Materials
New non-executive chairman appointed by SPTS
Industry veteran Henry R. Nothhaft should strengthen the company’s expansion and growth.
SPTS Technologies, a supplier of advanced wafer processing solutions for the global semiconductor industry and related markets, has appointed Henry R. “Hank” Nothhaft as non-executive chairman of the board.
In the role, Nothhaft will provide leadership to the Board of Directors, and assist senior management with business and corporate development strategies, plus provide end-market insights. The appointment became effective on November 1, 2011.
Nothhaft is widely recognised as an entrepreneur and industry trailblazer in high technology markets having grown several successful companies as CEO and chairman, including Danger (later acquired by Microsoft) and Concentric Network Corporation.
From 2004 to 2011, Nothhaft served as a board member and from 2008 as chairman, president and CEO of Tessera Technologies, a developer of semiconductor packaging technology. Nothhaft has served on a number of board of directors including DSC Communications, VMX Systems, Concentric Network Corporation, Ocular Networks, Vertical Networks and David Systems, and has recently been appointed to the board of directors of Openwave Systems. He also served on the telecommunications advisory board of Compaq Computer Corporation.
“We are very pleased that Hank is joining us as non-executive chairman, said William Johnson, president and CEO of SPTS. “Our company is on an exciting growth path following the June 2011 management acquisition, and Hank’s record of growing technology companies demonstrates a unique ability to see beyond current market needs.”
Bridgepoint partner and SPTS board member Kevin Reynolds echoed these sentiments, “We believe Hank’s extensive business acumen in taking different businesses to market and making them successful further strengthens an already
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www.compoundsemiconductor.net November/December 2011 impressive SPTS executive team.”
The newly-appointed chairman Nothhaft said, “I am delighted to be joining the SPTS Technologies board and am excited by the opportunity to contribute to their expansion. I’ve observed their amazing growth over the past 2 years, and am looking forward to working with a motivated and talented management team.
An advocate for government policies that nurture innovation, small businesses and start- ups, Nothhaft has authored articles and opinion editorials, including a book titled “Great Again: Revitalizing America’s Entrepreneurial Leadership,” a call to revive America’s entrepreneurial spirit. Nothhaft has an M.B.A. from the George Washington University in Information Systems Technology and a B.S. with distinction from the U.S. Naval Academy. He is a former officer in the U.S. Marine Corps and a Vietnam Veteran.
HTOT inaugurates sapphire manufacturing plant
The firm is now ramping up to volume production and when the plant is fully operational, it will be capable of producing 30,000,000 TIE of sapphire material annually.
Haotian Optoelectronics Technology (HTOT) celebrated the opening of its sapphire production facility with a gala event on October 26, at HTOT’s new facility located in Guiyang City, Guizhou Provence, China.
The city’s Vice Mayor hosted the celebration, which included attendance of key provincial and local party officials as well as HTOT sapphire material customers.
Also present were GT Advanced Technologies’ president and CEO Tom Gutierrez, Cheryl Diuguid, the company’s vice president and general manager of its sapphire material and equipment business and Jeff Ford, GT’s vice president and general manager of Asia.
GT announced the sale of its ASF sapphire crystal growth furnaces to HTOT in April, 2011.
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