BNET Industries
Market Cap:$507.2M
Last Fiscal Year Sales:$328.9M
- Public
- US
Dow Jones Description
Advanced Energy is a global leader in innovative power and control technologies for high-growth, thin-film manufacturing and solar power generation. Specifically, AE targets solar grid-tie inverters, solar cells, semiconductors, flat panel displays, data storage products, architectural glass, and other advanced product applications.
Board of Directors
Thomas M. RohrsNumber of Employees 1,679
Contact Information
1625 Sharp Point Dr
Fort Collins, Colorado 80525-4423
(970) 221-4670
Peer Companies
NAICS Code Other Electronic Component Manufacturing: 334419
Recent Events
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Advanced EnergyR and SunEdisonR Announce Commercial Agreement for SolaronR Inverter Solutions
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Advanced Energy® Introduces the SOLARON® 250 Photovoltaic Inverter
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Newbridge Securities Corporation Initiates Coverage of the Semiconductor Equipment Sector, Including AEIS, AMAT, BRKS, MKSI...
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Advanced Energy Announces 45.5% Sequential Revenue Growth in Third Quarter 2009 Results
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Advanced EnergyR and SGEG Announce Agreement to Market SolaronR Inverters in China Strategic agreement with...
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Advanced EnergyR Introduces the SolaronR 250 Photovoltaic Inverter AE's American-built 250 kW inverter ideal for...
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AEIS: Strategic Alliance in China w/Shanghai Guangdian Electric Group
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Advanced EnergyR and Suntech Announce Multi-Year Agreement for SolaronR Inverter Solutions AE inverter solutions selected...
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Advanced EnergyR Introduces a European Version of SolaronR 500 kW Photovoltaic Inverter
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Advanced Energy Announces Second Quarter 2009 Results
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Advanced Energy Announces First Quarter 2009 Results
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Advanced Energy Announces Fourth Quarter and Full Year 2008 Financial Results
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Frederick A. Ball Is Appointed to Advanced Energy Board of Directors
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Advanced Energy Announces 2008 Third Quarter Financial Results Driven by Record Solar Revenues
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Advanced Energy Reports Solid 2008 Second Quarter Financial Results Driven by Growth in Solar Market
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Edward C. Grady is Elected to Advanced Energy Board of Directors
News & Analysis
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advanced energy industries inc. and earnings - All News and Analysis
Advanced Energy Industries Q4 2009 Earnings Call Transcript
Question-and-Answer SessionOperator (Operator's Instructions) Your first question comes from the line of Colin Rusch with ThinkEquity. Colin Rusch - ThinkEquity Good morning and congratulations on the performance. Can you give us a bit more detail on the solar and rotor bookings and the traction in Europe just in...
Advanced Energy Industries Inc. Q3 2009 Earnings Call Transcript
Question-and-Answer SessionOperator Operator instructions Our first question comes from Krish Sankar from Bank of America; your line is now open. Paul Thomas - Bank of America Good morning, this is Paul Thomas for Krish Sankar. Thanks for taking my questions. First half congratulations on strong results. Larry Firestone Thank...
Advanced Energy Industries, Inc. Q2 2009 Earnings Call Transcript
Question-and-Answer SessionOperator Operator instructions Your first question comes from the line of Jim from Goldman Sachs. Your line is open. Kate Kotlarsky – Goldman Sachs Hi. This is Kate Kotlarsky for Jim Covello. I have a couple of questions. First, I wanted to ask about your...
Advanced Energy Industries, Inc. Q1 2009 Earnings Call Transcript
Question-and-Answer SessionOperator Your first question comes from the line of Jim Covello with Goldman Sachs. Go ahead, sir. Kate Kotlarsky - Goldman Sachs Hi. This is Kate Kotlarsky for Jim Covello. I had a couple of questions. One is you talked about the semiconductor market potentially being sort of...
Advanced Energy Industries, Inc. Q4 2008 Earnings Call Transcript
Question-and-Answer Session Operator Operator Instructions Your first question comes from the line of CJ Muse – Barclays Capital CJ Muse – Barclays Capital You hinted at inventory at the OEMs I was hoping you could expand on that, how we should think about that...
Advanced Energy Industries, Inc. Q3 2008 Earnings Call Transcript
Question-and-Answer Session Operator Operator instructions The first question is from Brett Hodess. Your line is open. Paul Simons – Merrill Lynch This is Paul Simons for Brett. Just a question on solar; so the jump you had this quarter obviously was from PV deposition and you have...
- 1
Decision Makers
| Name (plus bio) | Position |
|---|---|
| Frederick A. Ball | Chief Financial Officer for Webroot |
| Hans Georg Betz | President and Chief Executive Officer |
| Hans-Georg Betz | President |
| C Steve Rhoades | Chief Operating Officer |
| Yuval Wasserman | Executive Vice President, Sales, Service and Mkting |
| James Guilmart | Senior Vice President, Sales |
| Charles S. Rhoades | Senior Vice President & General Manager, Csi |
| Douglas S. Schatz | Co-Founder |
| Marna Shillman | Director, Global Marketing Communications |
| Jay L. Margulies | Secretary |
| John D Pirnot | General Counsel and Secretary |
| Barry Z. Posner | Director |
Board of Directors
| Name (plus bio) | Position |
|---|---|
| Thomas M. Rohrs | Board of Directors |
| Joseph R. Bronson | Chairman |
| Lawrence D. Firestone | Board of Directors |
| Elwood Spedden | Chairman |
| Richard P. Beck | Chairman |
| Arthur A. Noeth | Board of Directors |
| Edward C. Grady | Board of Directors |
| Gerald M. Starek | Board of Directors |
| Robert L. Bratter | Board of Directors |
| Trung Doan | Board of Directors |
Thomas Rohrs was appointed as a Director of the Company in December 2004. He became Chairman of the Board and CEO in April 2006 and in February 2009 he became Executive Chairman of the Board. Mr. Rohrs presently serves on the board of Magna Design Automation, Inc., Ultraclean Technologies, and several private companies. In addition, he is an adviser and consultant to a number of companies both public and private. Mr. Rohrs spent five years with Applied Materials Inc., most recently as Senior Vice President, Global Operations, and was also a member of the company’s Executive Committee. Prior to that, he held executive positions with Silicon Graphics, MIPS Computer Systems and Hewlett-Packard Company’s Personal Computer Group. Mr. Rohrs holds a masters degree from Harvard Business School and a bachelors degree in Mechanical Engineering from Notre Dame Unitversity.
| Organization | Position | Status |
|---|---|---|
| Electroglas Inc. | Interim Chief Executive Officer | Current |
| Vignani Technologies Pvt Ltd | Chairman | Current |
| Electroglas Inc. | Chairman | Current |
| Pressure-Insensitive Mfcs | Board of Directors | Current |
| Magma Design Automation Inc. | Board of Directors | Current |
| Ultraclean Technologies Corp | Board of Directors | Current |
| Ultraclean | Director | Current |
| MKS Ion Systems | Board of Directors | Current |
| Ultra Clean Technology | Director | Current |
| Advanced Energy Industries, Inc. | Board of Directors | Current |
| Advanced Energy Industries, Inc. | Chairman and Chief Executive Officer of Electroglas, Inc. | Former |
| MIPS Technologies, Inc. | Senior Vice President, Manufacturing and Customer Service | Former |
| Applied Materials, Inc. | Senior Vice President, Global Operations | Former |
| Hewlett-Packard Company | group operations manager | Former |
| Applied Materials, Inc. | Senior Advisor | Former |
| Electroglas Inc. | Board of Directors | Former |
| Harvard University | MBA | Former |
| Organization | Position | Status |
|---|---|---|
| BigBand Networks, Inc. | Chief Financial Officer | Current |
| Advanced Energy Industries, Inc. | Chief Financial Officer for Webroot | Current |
| Electro Scientific Industries, Inc. | Board of Directors | Current |
| Advanced Energy Industries, Inc. | Board of Directors | Current |
| Webroot Software, Inc. | Chief Financial Officer | Former |
| Borland Software Corporation | executive vice president of corporate development and mergers | Former |
| BigBand Networks, Inc. | Senior Vice President | Former |
| KLA-Tencor Corporation | Vice President of Finance | Former |
| PricewaterhouseCoopers | audit senior manager | Former |
| Organization | Position | Status |
|---|---|---|
| Svtc Technologies, LLC. | Chief Executive Officer | Current |
| Advanced Technology Development Facility, Inc. | Chief Executive Officer | Current |
| Advanced Inquiry Systems, Inc. | President and COO and Member of The Board of Directors of Sanmina, Sci Corporation | Current |
| Maxim Integrated Products, Inc. | Chairman | Current |
| Advanced Energy Industries, Inc. | Chairman | Current |
| Jacobs Engineering Group, Inc. | Audit Committee Chair | Current |
| Maxim Integrated Products, Inc. | Director | Current |
| Sanmina-SCI Corporation | President | Former |
| Svtc Technologies, LLC. | Board of Directors | Current |
| Advanced Technology Development Facility, Inc. | Board of Directors | Current |
| Sanmina-SCI Corporation | Chief Operating Officer | Former |
| California Inc | Board of Directors | Current |
| Sdcmaterials, Inc. | Board of Directors | Current |
| Americaninstitute.Com | Board of Directors | Current |
| American Institute of Certified Public Accountants | Member | Current |
| Jacobs Engineering Group, Inc. | Director | Current |
| FormFactor, Inc. | Member, Office of the CEO | Former |
| FormFactor, Inc. | President | Former |
| Applied Materials, Inc. | Chief Financial Officer | Former |
| Applied Materials, Inc. | Executive Vice President | Former |
| Schlumberger Limited | Group Controller | Former |
| Sanmina-SCI Corporation | Board of Directors | Former |
| FormFactor, Inc. | Board of Directors | Former |
| University of Connecticut | MBA | Former |
| Fairfield University | B.A. | Former |
| University of Connecticut | BS Degree In Accounting | Former |
| Organization | Position | Status |
|---|---|---|
| Advanced Energy Industries, Inc. | President and Chief Executive Officer | Current |
| Mattson Technology, Inc. | Director | Current |
| Advanced Energy Industries, Inc. | Board of Directors | Current |
has served as a director since January 2001. Dr. Betz also serves as Chairman of the Company's Compensation Committee. Since August 2005, Dr. Betz has served as President and Chief Executive Officer of Advanced Energy Industries, Inc. Dr. Betz served as Chief Executive Officer of West STEAG Partners from August 2001 until August 2005, as Chairman of the Management Board and Chief Executive Officer of STEAG Electronic Systems AG from January 1996 to July 2001, and as a member of the Management Board of STEAG Electronic Systems AG from October 1992 to July 2001. Dr. Betz served as a member of the Management Board of STEAG AG from January 1997 to July 2001.
| Organization | Position | Status |
|---|---|---|
| Advanced Energy Industries, Inc. | Chief Executive Officer | Current |
| Advanced Energy Industries, Inc. | President | Current |
| Advanced Energy Industries, Inc. | Board of Directors | Current |
| Mattson Technology, Inc. | Board of Directors | Current |
| Mattson Technology, Inc. | CEO, Advanced Energy | Former |
| Organization | Position | Status |
|---|---|---|
| Advanced Energy Industries, Inc. | Chief Operating Officer | Current |
Lawrence D. Firestone joined Advanced Energy in August 2006 as executive vice president and chief financial officer. He was most recently chief financial officer at Applied Films Corporation, a $240 million thin-film deposition equipment provider based in Longmont, Colorado, where he lead several strategic initiatives such as global manufacturing, gross margin improvement, acquisition strategy, integration, and public market financing. Prior to joining Applied Films, Mr. Firestone served as vice president and chief operating officer of Avalanche Industries, an electronics manufacturing services company located in Colorado Springs, Colorado. Earlier, he held finance and operations positions at Woolson Spice and Coffee Company, TechniStar Corporation and Colorado Manufacturing Technology, Inc. in addition to consulting work for several early-stage technology companies. Mr. Firestone currently serves on the board of directors, and is the chairman of the audit committee of Amtech Systems, Inc., a publicly held semiconductor equipment company.
| Organization | Position | Status |
|---|---|---|
| Advanced Energy Industries, Inc. | Chief Financial Officer | Current |
| Pressure-Insensitive Mfcs | Chief Financial Officer | Current |
| Advanced Energy Industries, Inc. | Executive Vice President | Former |
| Pressure-Insensitive Mfcs | Board of Directors | Current |
| Advanced Energy Industries, Inc. | Board of Directors | Current |
| Applied Films Corporation | Chief Financial Officer | Former |
| Coffee Company, Ltd. | Former | |
| Amtech Systems, Inc. | Chairman | Current |
| Organization | Position | Status |
|---|---|---|
| Advanced Energy Industries, Inc. | Executive Vice President, Sales, Service and Mkting | Current |
| Pressure-Insensitive Mfcs | Executive Vice President of Sales, Marketing, and Services | Current |
| Tevet Process Control Technologies, Inc | Chief Executive Officer | Former |
| Tevet Process Control Technologies, Inc | President | Former |
| National Semiconductor Corporation | Former | |
| A&G Associates | Former | |
| Ben-Gurion University of the Negev | Bsc. In Chemical Engineering | Former |
| Organization | Position | Status |
|---|---|---|
| Advanced Energy Industries, Inc. | Senior Vice President, Sales | Current |
| Organization | Position | Status |
|---|---|---|
| Pressure-Insensitive Mfcs | Vice President of Kla, Tencor Semiconductor | Current |
| Advanced Energy Industries, Inc. | Vice President of Kla, Tencor Semiconductor | Current |
| Advanced Energy Industries, Inc. | Chairman | Current |
| Pressure-Insensitive Mfcs | Board of Directors | Current |
| Photon Dynamics, Inc. | Chief Executive Officer | Former |
| Credence Systems Corp. | President, Chief Executive Officer | Former |
| Advanced Energy Industries, Inc. | Board of Directors | Former |
| Credence Systems Corp. | Vice-Chairman | Former |
| Photon Dynamics, Inc. | Board of Directors | Former |
| Organization | Position | Status |
|---|---|---|
| SatCon Technology Corporation | President & CEO | Current |
| Control Systems Co. | Senior Vice President | Current |
| Advanced Energy Industries, Inc. | Senior Vice President & General Manager, Csi | Current |
| Instrumentation.Com | Senior Vice President | Current |
| SatCon Technology Corporation | Board of Directors | Current |
| Advanced Energy Industries, Inc. | Chief Operating Officer | Former |
| Advanced Energy Industries, Inc. | Executive Vice President | Former |
| Instrumentation.Com | General Manager | Former |
| Control Systems Co. | General Manager | Former |
| Lam Research Corporation | Managing Director of Product Development | Former |
| University of Illinois | Former |
Douglas S. Schatz is a co-founder of Advanced Energy and has been its chairman and a director since its incorporation in 1981. He also served as chief executive officer until August 2005 and as president until July 1999. In March 2001, Mr. Schatz was re-appointed as president. Since December 1995, Mr. Schatz has served as a director of Advanced Power Technology, Inc., a company which provides high power, high voltage, and high performance semiconductors and power modules.
| Organization | Position | Status |
|---|---|---|
| Advanced Energy Industries, Inc. | Co-Founder | Current |
| Advanced Energy Industries, Inc. | Chairman, President & CEO | Former |
| Engineering Measurements Co. | President | Former |
| Organization | Position | Status |
|---|---|---|
| Advanced Energy Industries, Inc. | Director, Global Marketing Communications | Current |
| Advanced Energy Industries, Inc. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Advanced Energy Industries, Inc. | Secretary | Current |
| Advanced Energy Industries, Inc. | Secretary | Former |
| Organization | Position | Status |
|---|---|---|
| Advanced Energy Industries, Inc. | General Counsel and Secretary | Current |
| Advanced Energy Industries, Inc. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| TTM Technologies, Inc. | Chairman | Current |
| Advanced Energy Industries, Inc. | Chairman | Current |
| TTM Technologies, Inc. | Director | Current |
| Applied Films Corporation | Board of Directors | Current |
| Advanced Energy Industries, Inc. | Chief Financial Officer | Former |
| Cimage Corporation | Chief Financial Officer | Former |
| Cimage Corporation | Executive Vice President | Former |
| Advanced Energy Industries, Inc. | Senior Vice President | Former |
| Applied Films Corporation | Chairman of the Board | Former |
| Babson College | Master of Business Administration | Former |
| Advanced Energy Industries, Inc. | Board of Directors | Former |
| Babson College | Bachelor of Science In Accounting | Former |
| Organization | Position | Status |
|---|---|---|
| Advanced Energy Industries, Inc. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Advanced Energy Industries, Inc. | Director | Current |
| Organization | Position | Status |
|---|---|---|
| Integrated Materials, Inc. | President and CEO, Brooks Automation | Current |
| Sunnyvale Heritage Park Museum | Fund Raising Co-Chair & Strategic Planner | Current |
| New Wave Research Incorporated | Board Member | Current |
| Advanced Energy Industries, Inc. | Board of Directors | Current |
| Evergreen Solar, Inc. | Board of Directors | Current |
| Finesse Solutions | Board of Directors | Current |
| Molecular Imprints, Inc. | Board of Directors | Current |
| Electro Scientific Industries, Inc. | Board of Directors | Current |
| Integrated Materials, Inc. | Board Member | Current |
| Verigy Ltd. | Board of Directors | Current |
| Finesse Co | Board of Directors | Current |
| Brooks Automation, Inc. | Board of Directors | Current |
| KLA-Tencor Corporation | CEO | Former |
| Finesse Solutions | President and Chief Executive Officer of Brooks Automation | Former |
| Brooks Automation, Inc. | Chief Executive Officer | Former |
| KLA-Tencor Corporation | president | Former |
| Propel Partners | Partner | Former |
| Brooks Automation, Inc. | President | Former |
| Propel Partners | Principal | Former |
| The University of Houston | MBA | Former |
| Southern Illinois University | Bachelor of Science Degree In Engineering | Former |
| The University of Houston | BS Degree In Engineering | Former |
| Organization | Position | Status |
|---|---|---|
| Advanced Energy Industries, Inc. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Advanced Energy Industries, Inc. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Pressure-Insensitive Mfcs | Board of Directors | Current |
| Advanced Energy Industries, Inc. | Board of Directors | Current |
| University of California | Bachelor of Nuclear Engineering With Honors | Former |
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