Cascade Microtech Announces New CEO
18 June 2010 - 8:00AM
Marketwired
Cascade Microtech (NASDAQ: CSCD), a leading supplier of probe
stations, engineering probes and RF probe cards, announced today
that Michael D. Burger has been named president and chief executive
officer of the company by the board of directors. Mr. Burger, 52,
has most recently been president and chief executive officer of
Merix Corporation, currently a wholly owned subsidiary of
Viasystems Group, Inc., where he worked since 2007. Prior to that,
Mr. Burger was president of the Components Business of Flextronics
Corporation. Prior to Flextronics, he was president and member of
the board of directors of ZILOG Corporation. For more than 20
years, Mr. Burger has successfully grown high technology businesses
both domestically and in China. His extensive experience will be
very important to Cascade's global businesses development. Mr.
Burger holds a B.S. degree in electrical engineering from the New
Mexico State University and a certificate from the Stanford
University International Executive Management Program. He starts at
Cascade Microtech on July 6, 2010.
Mr. Burger was also elected to the Cascade Microtech board of
directors. He continues to serve on the board of directors of
Viasystems Group, Inc.
"Michael's background in electronics manufacturing and
semiconductor related industries makes him a perfect fit as
Cascade's new CEO. Along with the rest of the board of directors, I
have confidence that he will make significant, long-term positive
contributions to Cascade Microtech," commented Dr. F. Paul Carlson,
chairman of Cascade Microtech's board of directors. "I also extend
my thanks to the management team, who has done an outstanding job
in running the company during this transition."
"Cascade Microtech has great technology strengths, large and
expanding market opportunities and a dedicated group of employees
worldwide," said Michael Burger. "I'm looking forward to building
on that foundation and working with the existing team to continue
our operating improvements, enhancing customer satisfaction and
taking advantage of our great potential. Now we want to generate
solid returns for our shareholders and create growth opportunities
for our employees."
About Cascade Microtech, Inc.
Cascade Microtech, Inc. (NASDAQ: CSCD) is a worldwide leader in
the precise electrical and mechanical measurement and test of
integrated circuits (ICs) and other small structures. For
technology businesses and scientific institutions that need to
evaluate small structures, Cascade Microtech delivers access to
electrical data from wafers, ICs, IC packages, circuit boards and
modules, MEMS, 3D ICs, LED devices and more. Cascade Microtech's
leading-edge semiconductor production test products include unique
probe cards and test sockets that reduce manufacturing costs of
high-speed and high-density semiconductor chips. For more
information visit www.cascademicrotech.com.
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