NetApp Strengthens Board of Directors with Appointment of Richard Wallace
SUNNYVALE, Calif.-March 17,
2011-NetApp (NASDAQ: NTAP) today announced that it
appointed Richard P. (Rick) Wallace, president and chief executive
officer of KLA-Tencor Corporation™, to the company's board of
"We are pleased to welcome Rick Wallace to
the NetApp board of directors," said Tom Georgens, president and
chief executive officer of NetApp. "With his vast experience in the
technology sector and the many leadership positions he has held,
Rick will provide valuable insight and perspective to help us
continue to deliver long-term shareholder value."
"The addition of Rick further strengthens our
board, as he will be a valuable resource for our executive team at
a time when NetApp is presented with a great opportunity for
continued growth and success," said Dan Warmenhoven, executive
chairman of NetApp's board of directors.
"I am excited to join this team of industry
leaders and serve NetApp's shareholders, particularly now as NetApp
appears to be well positioned to take advantage of the ongoing
shift to shared IT infrastructures," said Wallace.
Rick Wallace Biography
- Rick Wallace currently serves as the president and chief
executive officer at KLA-Tencor Corporation. Prior to his current
role, Mr. Wallace served as president and chief operating officer
from July 2005 through December 2005.
- He began at KLA Instruments in 1988 as an applications engineer
and has held various general management positions throughout his 23
years with the company.
- He currently serves as the chairman of the board of directors
for Semiconductor Equipment and Materials International (SEMI), an
industry trade association. Mr. Wallace also serves of the board of
directors for Beckman Coulter, an Orange County-based biomedical
company. Earlier in his career, Mr. Wallace held positions with
Ultratech Stepper and Cypress Semiconductor.
- Mr. Wallace earned his bachelor's degree in Electrical
Engineering from the University of Michigan and his master's degree
in Engineering Management from Santa Clara University, where he
taught strategic marketing and global competitiveness courses after
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