FormFactor Board Appoints Mario Ruscev FormFactor CEO
June 03 2008 - 8:30PM
Marketwired
LIVERMORE, CA today announced that its board of directors has
appointed Mario Ruscev, currently president, as its next chief
executive officer (CEO). Ruscev, 51, will succeed Igor Khandros,
53, FormFactor's founder, who will become executive chairman of the
FormFactor board of directors. Khandros will succeed Jim
Prestridge, 76, its current chairman, who will remain on the
FormFactor board of directors and become its lead independent
director. The changes will become effective at the beginning of the
company's fiscal third quarter of 2008.
"The FormFactor board of directors is confident that Mario and
Igor are the right team to lead the company through its next stages
of growth," said Jim Prestridge, FormFactor's chairman. "Mario is
an unusually capable operating executive who has a proven track
record of driving revenue growth, product innovation and
development, and market introductions. Igor is an incredible
visionary who has a wealth of knowledge about the industry and
technology, and will play a key role in shaping the long-term
strategic direction of the company."
About FormFactor:
Founded in 1993, FormFactor, Inc. (NASDAQ: FORM) is the leader
in advanced wafer probe cards, which are used by semiconductor
manufacturers to electrically test ICs. The company's wafer sort,
burn-in and device performance testing products move IC testing
upstream from post-packaging to the wafer level, enabling
semiconductor manufacturers to lower their overall production
costs, improve yields, and bring next-generation devices to market.
FormFactor is headquartered in Livermore, California with
operations in Europe, Asia and North America. For more information,
visit the company's website at www.formfactor.com.
FormFactor and the FormFactor logo are registered trademarks of
FormFactor, Inc. All other product, trademark, company or service
names mentioned herein are the property of their respective
owners.
FORM-F
Investor Contact: Michael Magaro Investor Relations (925)
290-4949 Email Contact Trade Press Contact: David Viera Corporate
Communications (925) 290-4681 Email Contact
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