Intevac Expands Its Board of Directors With Appointment of Two New Independent Directors
Fri, February 16 2018
Seasoned Industry Executives Kevin Barber and Mark Popovich to Join;
Director Matt Drapkin Departs
SANTA CLARA, Calif.--(BUSINESS WIRE)--
Intevac, Inc. (Nasdaq: IVAC), a leading supplier of thin-film processing
systems and digital night-vision technologies, today announced that two
new independent directors have been named to the Company’s Board of
Directors. Kevin D. Barber of Synaptics, Inc. and Mark P. Popovich of 3D
Glass Solutions will join the Board, while current director Matthew
Drapkin departs, effective immediately.
Commenting on the new appointments, Chairman David Dury said, “We are
very pleased to name two seasoned industry executives to our Board of
Directors. Both Kevin and Mark bring a wealth of experience in the
industries where Intevac’s future growth lies, including displays,
mobile devices, and advanced semiconductor packaging. We look forward to
their contributions to our Board as we focus on increasing shareholder
value for the Company.”
Mr. Barber is senior vice president and general manager of the Mobile
Division of Synaptics. Barber brings nearly 30 years of professional
experience in industries spanning mobile displays, handset and tablets,
as well as semiconductor device manufacturing and operations. Prior to
joining Synaptics in 2011 as senior vice president and general manager
of the Smart Display division, Barber served from 2008 until 2010 as
chief executive officer and president of ACCO Semiconductor, Inc., a
fabless semiconductor company serving the mobile communications market.
Earlier management positions included Skyworks Solutions, where from
2002 until 2006 he served in various roles including senior vice
president and general manager, mobile platforms, and earlier, RF
solutions, as well as senior vice president, operations. Mr. Barber
joined Skyworks after serving as senior vice president of operations for
Conexant Systems, which he joined in 1997.
Mr. Popovich is the chief executive officer of 3D Glass Solutions, a
privately-held company producing glass-based system-on-chip and
system-in-package devices using its patented APEX® Glass technology for
multiple applications in the global electronics industry. Mr. Popovich
brings over 20 years of industry experience to Intevac. Prior to 3D
Glass, in 2017 Popovich was chief strategy officer of Semblant, Inc., a
start-up specializing in waterproof nano-coatings for consumer
electronics products. Previously, Popovich held corporate vice president
positions at Henkel Corporation, a multi-national chemical and consumer
goods company, from 2013 until 2017. From 1996 until 2013, Popovich held
leadership positions in the outsourced semiconductor assembly and
packaging industry, serving in general manager, vice president and
director roles at industry leaders such as Amkor Technology and ChipPAC.
Reflecting on the new appointments, Matt Drapkin concluded, “Since
joining the Board in 2013, I have developed confidence in the Company’s
long-term growth prospects, and the strategic direction put in place by
management and the Board. These two new executives bring a wealth of
industry knowledge and experience to Intevac’s Board, and with the
Company on the right track toward achieving its strategic growth
objectives, now is the right time for me to leave the Board and focus on
helping to create value in my other portfolio companies.”
About Intevac
Intevac was founded in 1991 and has two businesses: Thin-film Equipment
and Photonics.
In our Thin-film 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, such as the hard drive
media, display cover panel, and solar photovoltaic markets we serve
currently.
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 provider of integrated
digital imaging systems for most U.S. military night vision programs.
For more information call 408-986-9888, or visit the Company's website
at www.intevac.com.
View source version on businesswire.com: http://www.businesswire.com/news/home/20180216005152/en/
Intevac, Inc.
James Moniz, 408-986-9888
Chief Financial Officer
or
Claire
McAdams, 530-265-9899
Investor Relations
Source: Intevac, Inc.
