Intevac Names James P. Moniz as Chief Financial Officer
Thu, October 30 2014
SANTA CLARA, Calif.--(BUSINESS WIRE)--
Intevac, Inc. (NASDAQ:IVAC) today announced that Mr. James P. Moniz will
join the Company on November 3, 2014. Mr. Moniz will succeed Mr. Charles
Eddy as the Company’s Chief Financial Officer, Treasurer and Secretary
on November 12, 2014, after which Mr. Eddy will continue with the
Company as needed to assist Mr. Moniz and assure a smooth transition.
James Moniz, 57, brings over 30 years of senior financial management
experience to Intevac. Most recently, he was Chief Financial Officer of
Nanometrics, Inc., a manufacturer of process control metrology and
inspection systems, where he served from 2009 until his retirement in
2011. Mr. Moniz has returned from his retirement to take the CFO
position at Intevac. Prior to Nanometrics, Mr. Moniz was the Chief
Financial Officer of Photon Dynamics, a publicly-traded manufacturer of
test equipment for the LCD flat panel display market. From 2000 until
2008, Mr. Moniz was the Chief Financial Officer of Nextest Systems
Corporation, a manufacturer of semiconductor test equipment, which was
publicly-traded from 2006 until its 2008 sale to Teradyne, Inc. Prior to
Nextest, Mr. Moniz held senior financial management positions at
Millennia Vision Corporation, Lockheed Martin Corporation, Loral
Corporation and Varian Associates. Mr. Moniz holds an MBA, a BS,
Accounting and a BS, Marketing from San Jose State University.
“I have worked with Jim in the past and I am excited to have him join
our team,” commented Wendell Blonigan, President and Chief Executive
Officer of Intevac. "Jim is a seasoned public-company CFO and he brings
to Intevac a wealth of experience in high tech, equipment manufacturing
and defense. I would also like to thank Charley Eddy for taking a break
from his retirement to return as CFO on an interim basis.”
About Intevac
Intevac was founded in 1991 and has two businesses: Equipment and
Photonics.
In our Equipment business, we are a leader in the design and development
of high productivity, thin film processing systems. Our
production-proven platforms are designed for high volume manufacturing
of substrates with precise thin film properties.
Intevac is the market and technology leader in the hard drive industry
with approximately 60% of all magnetic disk media produced worldwide.
Our technology solutions improve performance and throughput, and
continue to expand into additional markets – including solar and
adjacent thin film deposition applications.
In our Photonics business, we are a recognized leading developer of
advanced high-sensitivity digital sensors, cameras and systems that
primarily serve the defense industry. We are the sole source provider of
integrated digital imaging systems for most U.S. military night vision
programs.
For more information, call 408.986.9899, or visit www.intevac.com.
Intevac, Inc.
Charles Eddy, 408-986-9888
Chief Financial
Officer
Claire McAdams, 530-265-9899
Investor Relations
Source: Intevac, Inc.
