Date Announced: 09 Jul 2013
Norm Pond Continues as Chairman.
SANTA CLARA, Calif.--(BUSINESS WIRE)--Intevac, Inc. (IVAC) announced today that Mr. Wendell Blonigan will join the company as President and Chief Executive Officer (CEO) on July 15, 2013. Mr. Norman Pond, Intevac’s founder and current CEO, will continue as Chairman of the Board of Directors.
Mr. Blonigan, 51, brings to Intevac nearly 30 years of senior management and technical experience in the high-technology industry. He joins the company from Orbotech LT Solar, which he founded and where he had served as chief executive officer since 2009.
Previously, he was chief operating officer of Photon Dynamics, which he joined in 2006 after serving as president of Applied Materials' AKT display subsidiary. Mr. Blonigan's extensive high-technology experience spans the semiconductor, flat panel display, and solar capital equipment markets.
"We are delighted that Wendell will become CEO of Intevac," commented Mr. Pond. "He has a demonstrated track record of success managing high-technology equipment businesses as well as successfully bringing innovative products to market.”
“Intevac is uniquely positioned as an innovative company possessing strong technologies in both their equipment and photonics businesses,” said Mr. Blonigan. “I’m excited to join the Intevac team, where we will work together to deliver increasing value to our customers and shareholders.”
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Web Site: www.intevac.com