Chairman’s Address to Shareholders
Annual Shareholders Meeting Slide Presentation
Audiocast of Annual Shareholders Meeting (.mp3)
Pivotal Systems provides the best-in-class gas flow monitoring and control technology platform for the global semiconductor industry. The company’s proprietary hardware and software utilizes advanced machine learning to enable preventative diagnostic capability resulting in an order of magnitude increase in fab productivity and capital efficiency for existing and future technology nodes.
The platform includes Pivotal’s Gas Flow Controller (GFC) product lines that offer high-accuracy, real-time monitoring and control of the most critical parameters difficult to control in wafer processing today: Gas Flow and Chamber Condition.
Pivotal Systems Corporation is listed on the Australian Securities Exchange (ASX).
Pivotal Systems Corporation Replacement Prospectus
John Hoffman has over 25 years of global high technology management experience building growth organizations in both the semiconductor and information technology markets.
Prior to joining Pivotal Systems, John was a Senior VP with Spencer Trask Ventures, a New York based venture capital firm. While at Spencer Trask, John was primarily involved in the solar and integrated circuit efforts of the firm. Prior to Spencer Trask, John was the Chief Executive Officer of RagingWire Enterprise Solutions, an Inc 500 fastest growing private company. John reorganized the company and enabled record growth in revenue and profitability during his tenure. Prior to RagingWire, John worked in various general manager roles at Applied Materials for 18 years. He was the President of the billion dollar “Etch Product Business Group”, VP and GM of the Process Control and Diagnostic Business Group and the General Manager of the Customer Service Division which grew by over 300% during his tenure.
John has a B.S. from the United States Military Academy at West Point and an Executive MBA (AEA) from Stanford University. He currently serves on several Boards of Directors and Advisory Boards.
Joseph Monkowski has extensive experience in the semiconductor industry focused on providing process equipment and metrology solutions for next generation device manufacturing.
Prior to joining Pivotal, Monkowski was the SVP of Business Development for Advanced Energy Industries, where he led the company’s M&A strategy to expand its product portfolio and position the company as a market leader in the semiconductor subsystems space. Previously, he held senior executive positions at Pacific Scientific, Photon Dynamics and Lam Research, where he served as EVP and CTO. During his career, Monkowski led efforts to design and build a number of leading CVD and plasma etch systems, winning the R&D 100 award and multiple Semiconductor International Best Product awards. He has authored numerous patents and publications.
Joseph Monkowski has a B.S., M.S. and Ph.D. in Electrical Engineering and an M.S. in Materials Science, all from Penn State University. He also served as a Professor of Electrical Engineering for six years at Penn State University.
Timothy Welch is a highly experienced CFO for high-technology companies with operations experience and a proven track record of building infrastructures, scaling revenues, and executing successful mergers & acquisitions. Mr. Welch was the former CFO and VP, Operations of ReVera, Inc. a semiconductor capital equipment company located in Santa Clara, CA. ReVera was acquired by Nova Measuring Instruments (NASDAQ:NVMI) in April, 2015. Prior to his experience at ReVera, Mr. Welch was the CFO of Boxer Cross which was acquired by Applied Materials (NASDAQ:AMAT). Also noteworthy, Mr. Welch was the CFO of Asyst Technology which went public on the NASDAQ.
Mr. Welch has a MBA from the University of California, Berkeley and a B.A. in Chemistry from California State University, Chico.
Ryan A. Benton has been the chief financial officer of BrainChip (ASX: BRN) since August 2017. Prior to joining BrainChip, Mr. Benton served as Chief Executive Officer and Board Member at Exar Corporation (NYSE: EXAR), which was acquired by MaxLinear Corporation (NASDAQ: MXL) in May 2017. Mr. Benton joined Exar as Chief Financial Officer at Exar in 2012. Prior to joining Exar, Mr. Benton was chief financial officer of SynapSense Corporation, a private venture-backed company. Prior to SynapSense, from February 2007 to May 2012, Mr. Benton was chief financial officer of SoloPower, Inc., a manufacturer of thin-film solar cells and flexible solar modules. From November 2004 to February 2007, Mr. Benton served as a financial consultant for the United States subsidiary of ASM International NV in Phoenix, Arizona, a semiconductor capital equipment company. He also served as chief financial officer for PB Unlimited, an advertising specialty manufacturer from April 2002 through November 2004. Mr. Benton served as corporate controller for eFunds, which was a public company that provides information technology solutions for the financial service industry, where he was employed from September 2000 to March 2002.
Mr. Benton began his career in 1991 at Arthur Anderson after receiving a B.A. from the University of Texas at Austin. Mr. Benton is a licensed Certified Public Accountant.
Kevin Landis is chief investment officer of Firsthand Capital Management (FCM), an investment management firm he founded in 1994.
FCM is the investment adviser to Firsthand Technology Value Fund (NASDAQ: SVVC), a publicly-traded venture capital fund. Born and raised in Silicon Valley, Mr. Landis has over two decades of experience in engineering, market research, product management, and investing in the technology sector.
Mr. Landis holds a bachelor’s degree in electrical engineering and computer science from the University of California at Berkeley and an MBA from Santa Clara University.
Peter McGregor has over 30 years’ experience in senior finance and management roles, including having been Chief Executive Officer of technology company, Think Holdings, Chief Financial Officer of the ASX50 transport company, Asciano, and a partner in the Investment Banking firm of Goldman Sachs JBWere.
He also spent time as a Managing Director within the Institutional Banking & Markets division of Commonwealth Bank and was Chief Operating Officer of ASX-listed Australian Infrastructure Fund. Peter is an experienced company Director, having served as Chairman of the Port of Geelong and as a Director of Melbourne, Gold Coast and Darwin Airports.
He is currently a Director of the Brisbane Lions AFL club and Nutrano Produce Group Limited and is a former member of the Prime Minister’s Rail Projects Taskforce and the Business Council of the National Gallery of Victoria.
He holds a Commerce Degree from the University of Melbourne, is a Fellow of FINSIA and a Member of the Au
David Michael is Managing Director at Anzu Partners, an investment partnership which invests in innovative industrial technology companies. In addition to his role at Pivotal Systems, he is also Board member of Nuburu (industrial lasers), Axsun (MEMS-based sensors for medical and industrial uses), and Terapore (nanofiltration membranes for ultrapure water and other applications.
Mr. Michael was formerly Senior Partner and Managing Director of The Boston Consulting Group (BCG), where his career spanned numerous leadership roles across the firm. He formerly led BCG’s Greater China business and their Asia Technology Practice. He served a range of clients in semiconductors, components, hardware, software, and services. He was based for 7 years in Silicon Valley and for 16 years in Greater China. He remains a Senior Advisor to the firm.
Mr. Michael is also a board member of Taiwan Cement Corporation, a publicly traded industrial conglomerate whose businesses include specialty chemicals, lithium ion batteries, and power generation.
Mr. Michael holds a B.A. in Economics from Harvard University and an M.B.A. from Stanford.
Certificate of Incorporation (in effect at the time of listing)
Company Bylaws (in effect at the time of listing)
Corporate Governance Statement
Audit and Risk Management Committee Charter
Code of Conduct
Continuous Disclosure Policy
Remuneration and Nomination Committee Charter
Risk Management Policy
Securities Trading Policy
Shareholder Communications Policy
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