SEMI president and CEO Stan Myers announces retirement

SAN JOSE, USA: SEMI, the global industry association serving the manufacturing supply chain for the microelectronics, display, photovoltaic and related industries, today announced that president and CEO Stanley T. Myers has informed the SEMI International Board of Directors of his intention to step back from executive leadership of SEMI this year.

Myers has participated for more than 50 years in the semiconductor industry, including 24 years as a SEMI board member and 15 years as president and CEO of the association. He was chairman of the SEMI International Board in 1994.

In consideration of Myers’ announcement, SEMI Chairman Rick Wallace appointed a Board search committee to evaluate candidate successors for the role that Myers will be vacating. Tim O’Shea with the executive search firm Heidrick & Struggles will conduct the search for SEMI. Myers plans to continue supporting the association when a new president and CEO is named.

“Stan is a driving force at the helm of our industry association,” said Rick Wallace, CEO of KLA-Tencor Corporation, who serves as chairman of the SEMI Board of Directors. “Under his leadership, SEMI has grown and diversified to meet the changing needs of member companies that participate in one of the world’s most complex and sophisticated high-tech industries. As Stan anticipates the next chapter of his life, we appreciate his thoughtful and deliberate framework for a succession plan.”

Prior to his appointment as SEMI president and CEO, Myers worked for 17 years at Siltec where he served as president and CEO until 1985. In 1986, Siltec was acquired by Mitsubishi Materials Corporation. Siltec changed its name to Mitsubishi Silicon America (MSA) and Myers continued as president and CEO until he moved to SEMI in 1996. Prior to Siltec/MSA, Myers worked for Monsanto Corporation for 18 years.

Myers is chairman of the National Science Foundation (NSF) Advisory Board to MATEC (Maricopa Advanced Technology Education Center). He also is a member of the Engineering Advisory Board to the School of Engineering, San Jose State University.

Myers was the recipient of the Exemplary Community Leadership Award by the Silicon Valley Conference on Community and Justice in 2006. In May 2007, he was inducted into the Chemical and Petroleum Engineering Hall of Fame at the University of Kansas. In February 2008, Myers was inducted into the Silicon Valley Engineering Hall of Fame.