MEMC appoints three new independent directors

MEMC appoints three new independent directors

5:11 AM, 12th October 2012
MEMC appoints three new independent directors

ST PETERS, US: MEMC Electronic Materials Inc announced that the Board of Directors has appointed three new independent directors to the board, including Antonio Alvarez, Jeffry Quinn and Steven Tesoriere. The addition, effective October 11, 2012, increases MEMC’s Board to 10 members.

Alvarez (56) is COO at Aptina Imaging. Earlier, Alvarez served as COO of Advanced Analogic Technologies and CEO of Leadis Technology. He also serves on the board of ChipMOS Technologies, a leading independent provider of semiconductor testing and assembly services to customers in Taiwan, Japan, and the United States.

Quinn (53) is Chairman and CEO, Quinn Group LLC, a diversified holding company with investments in the industrial, active lifestyle and entertainment sectors and Quinpario Partners LLC, an investment and operating firm in the performance materials and specialty chemical sectors. Prior to forming The Quinn Group and Quinpario in July 2012, Quinn served as President and CEO of Solutia Inc, a global leader in specialty chemicals, since 2004.

Tesoriere (34) is a Managing Principal and Portfolio Manager of Altai Capital Management LP. Prior to founding Altai Capital, Tesoriere was an Analyst at Anchorage Capital Group LLC, an Associate at Goldman Sachs & Co and an Analyst at Blackstone Group LP.

“The appointments of Alvarez, Quinn and Tesoriere add incremental depth and strength to the MEMC Board of Directors. They join a board with a diverse range of experience. We look forward to the unique perspective that each will add, as we continue to strengthen our industry positioning,” commented John Marren, Board Chairman, MEMC.

© WOC News




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