BNET Industries

Market Cap:$1.1B
Last Fiscal Year Sales:$284.3M
  • Public
  • US
Dow Jones Description

Over the past several years, Align and its employees have supported the valuable efforts of several organizations, including CARE's Earthquake & Tsunami Rehabilitation Fund, USMC Toys for Tots, Operation Military Pride, and Second Harvest Food Bank.

Director, President & Chief Executive Officer
Thomas M. Prescott
Number of Employees 1,394
Contact Information

851 Martin Ave

Santa Clara, California 95050-2903

aligntech.com

1 408 470 1000

NAICS Code Surgical Appliance and Supplies Manufacturing: 339113

Recent Events

  • Align Technology ALGN Upgraded By Barrington Research

    10/23/09 - Bond / Stock Rating - View Story

  • American Express Sales Fall 16%; Amazon.com Net Up

    10/24/09 - Financial Announcement - View Story

  • Align Technology Announces Third Quarter Fiscal 2009 Results

    10/22/09 - Legal Settlement - View Story

  • Align Technology to Announce Third Quarter Fiscal 2009 Results On October 22

    10/01/09 - Financial Announcement - View Story

  • Align Technology Introduces Innovative New Features for InvisalignR Products

    9/15/09 - Product Announcement - View Story

  • Danaher expands in life sciences, cuts more jobs

    9/02/09 - Legal Settlement - View Story

  • Ormco and Align Agree to Enter Into Strategic Collaboration and Settle Patent Litigation

    8/19/09 - Legal Settlement - View Story

  • Align Technology and Ormco settle patent litigation

    8/19/09 - Legal Settlement - View Story

  • Align Q2 profit ticks up to $4.5M

    7/24/09 - Financial Announcement - View Story

  • David Nagel Joins Align Technology Board of Directors

    7/15/09 - Board Member - Entering - View Story

News & Analysis

align technology inc. - All News and Analysis

Decision Makers

Name (plus bio) Position
Thomas M. Prescott Director, President & Chief Executive Officer
Darrell Zoromski Chief Marketing officer & Vice President, Global Marketing
Eldon M. Bullington CFO & Vice President, Finance
Michael J. Henry CIO & Vice President, IT
George J. Morrow Executive Vice President of Worldwide Sales
Dan S. Ellis Vice President, North American Sales
David S. Thrower Vice President, Global Marketing
Gil Laks Vice President, International
Hossein Arjomand Vice President, Res
Joe Breeland Vice President, Sales, N America
Len M. Hedge Vice President of Operations
Patricia L. Wadors Vice President & HR
Roger E. George Vice President of Legal Affairs & General Counsel
Sonia Clark Vice President, Human Resources
Kelsey Wirth Co-Founder
Adam Goodman
Cheryl Cavanagh
Eugene Chan Clinical Consultant
Natasha Curry
Rodolfo Ruiz Sosa
Tony Gadbois General Dentist
Brian H. Dovey Director
David E. Collins Director
Stanley Gersch Director
Warren Thaler Director

Board of Directors

Name (plus bio) Position
C. Raymond Larkin Chairman of the Board
Edward T Wiggins II Board of Directors
Greg J. Santora Board of Directors
H. Kent Bowen Board of Directors
Joseph Lacob Board of Directors

Mr. Prescott has served as President and CEO of Align Technology since March 2002. Previously, he was President and CEO of Cardiac Pathways, Inc., where he brought focus to the organization, launched new products and substantially grew the revenue run rate over a 24-month period. Prior to Cardiac Pathways, Mr. Prescott held various sales, general management and executive roles at Nellcor Puritan Bennett, Inc., and various management positions at GE Medical Systems. In addition, Mr. Prescott served in sales, marketing and management roles at Siemens. He earned his Masters degree from Kellogg Graduate School of Management, Northwestern University in 1992 and his Bachelors degree, with emphasis in Civil Engineering, from Arizona State University.

Organization Position Status
Align Technology, Inc. Director, President & Chief Executive Officer Current
Nellcor Puritan Bennett Inc. Former
Northwestern University Masters Degree Former
Kellogg School of Management at Northwestern University Masters Degree Former
Arizona State University Bachelor's Degree In Civil Engineering Former
Arizona State University Civil Engineering Former

Organization Position Status
Align Technology, Inc. Chief Marketing officer & Vice President, Global Marketing Current

Organization Position Status
Align Technology, Inc. CFO & Vice President, Finance Current

Organization Position Status
Align Technology, Inc. CIO & Vice President, IT Current

George J. Morrow has served as a director of Align since February 2006. He is currently the Executive Vice President, Global Commercial Operations at Amgen Inc., a global biotechnology company, where he also served as Executive Vice President of Worldwide Sales and Marketing between 2001 and 2003. From 1992 to 2001, Mr. Morrow held multiple leadership positions at GlaxoSmithKline Inc. and its subsidiaries, including President and Chief Executive Officer of Glaxo Wellcome Inc. Mr. Morrow holds a B.S. in chemistry from Southampton College, Long Island University, an M.S. in Biochemistry from Bryn Mawr College and an M.B.A. from Duke University.

Organization Position Status
Align Technology, Inc. Executive Vice President of Worldwide Sales Current
Amgen Inc. Executive Vice President, Global Commercial Operations Current
Duke University, The Fuqua School of Business Advisory Board Member Current
Duke University Medical Center Member, Board of Visitors Current
Align Technology, Inc. Director Current
GlaxoSmithKline Plc Officer Former
Duke University M.B.A. Former
Bryn Mawr College M.S. In Biochemistry Former
Long Island University B.S. In Chemistry Former
Duke University B.S. In Chemistry Former
Bryn Mawr College B.S. In Chemistry Former

Mr. Ellis has served as Align Technology's Vice President, North American Sales since June 2005. He is responsible for developing new and existing customer relationships and for scaling Align's North American sales organization. He is also responsible for customer support, training and inside sales. Prior to joining Align, Mr. Ellis was Vice President, Sales for privately-held BARRx Medical. He was alsoVice President, BioSurgery US and Vice President, Sales for Fusion Medical Technologies, a division of Baxter Healthcare, and Vice President, Sales & Marketing for Cardiac Pathways Corporation. Earlier in his career Mr. Ellis held national sales positions of increasing scope and responsibility at Fusion Medical Technologies and Eli Lilly MDD/Guidant Corporation. Mr. Ellis graduated with a BS in Business Administration from Oregon State University, and subsequently served five years in the U.S. Marine Corps.

Organization Position Status
Align Technology, Inc. Vice President, North American Sales Current
BarrX Medical Inc. Vice President, Sales Former
Oregon State University Bs In Business Administration Former

Organization Position Status
Align Technology, Inc. Vice President, Global Marketing Current

Mr. Laks has served as Align Technology's Vice President, International since September 2005 and has been with Align since June 2001. He is responsible for managing strategic direction and operations for Europe, Asia-Pacific and Latin America. Prior to joining Align, Mr. Laks was Vice President, Business Development for the diagnostic imaging division of Singapore Technologies. He was also Director of International for ISIX, Ltd., and educational computing services firm. Mr. Laks graduated with a BBA in Business Management from The University of Iowa and and MBA from the Wharton School of Business at The University of Pennsylvania. He also served 5 years in the U.S. Air Force.

Organization Position Status
Align Technology, Inc. Vice President, International Current
The University of Iowa Bba In Business Management Former

Organization Position Status
Align Technology, Inc. Vice President, Res Current

Organization Position Status
Align Technology, Inc. Vice President, Sales, N America Current
Orthoclear, Inc. Vice President of Sales and Marketing Current
Allergan, Inc. Southwest Regional Manager Former
Golden Gate University M.B.A. Former
The University of Texas B.S. in Pharmacy Former

Len Hedge was promoted to Vice President of Operations in March 2002. From January 1999 to March 2002, he served as Align's Vice President of Manufacturing, where he built a preeminent worldwide manufacturing team and operation, and customized and deployed many cutting-edge technologies for Align's one-of-a-kind manufacturing process. Prior to Align, Mr. Hedge served as Vice President of Operations for Plynetics Express Corporation, a rapid-prototyping and stereolithography services supplier. From October 1991 to December 1996, Mr. Hedge worked at Beckman Instruments Corporation as Manager for Prototype Manufacturing and Process Development. Prior to joining Beckman, Mr. Hedge spent 13 years with General Dynamics Corporation, holding positions of increasing responsibility from Machinist to Manager of Mechanical Fabrication. Mr. Hedge received his B.S. degree from La Verne University.

Organization Position Status
Align Technology, Inc. Vice President of Operations Current
Process Development Corporation Manager Former
Beckman Instruments, Inc. Former
Gen Dynamics Corporation Former
General Dynamics Corporation Former

Organization Position Status
Align Technology, Inc. Vice President & HR Current

Roger E. George is the Vice President of Legal Affairs and General Counsel at Align. Mr. George is responsible for all aspects of Align's legal affairs including transactional, securities, governance, intellectual property, real estate and employment matters. Prior to joining Align, Mr. George was the Chief Financial Officer, Vice President of Finance and Legal Affairs and General Counsel of SkyStream Networks, a worldwide network infrastructure company whose products enable service providers to create and deliver digital medial services across converged broadband and broadcast networks. Prior to SkyStream, Mr. George was a partner at Wilson Sonsini Goodrich & Rosati in Palo Alto, CA, the leading law firm representing technology companies at all stages of their growth, and the investment banks and venture capital firms that finance them. Prior to joining WSGR, Roger was an associate attorney with Buist Moore Smythe & McGee in Charleston, SC. Mr. George worked at KPMG Peat Marwick in Washington, DC, before attending law school. He is a Certified Pubic Accountant. Mr. George attended the University of Virginia where he earned the degrees of BS in Commerce (1988) and Juris Doctor (1992).

Organization Position Status
Align Technology, Inc. Vice President of Legal Affairs & General Counsel Current
SkyStream Networks, Inc. Chief Financial Officer Former
SkyStream Networks, Inc. Vice President, Finance and Legal Affairs Former
Wilson Sonsini Goodrich & Rosati Partner Former
The Align General Counsel Former
SkyStream Networks, Inc. General Counsel Former
University of Virginia Bs In Commerce (1988 Former

Sonia Clark has served as Vice President, Human Resources since October 2006. She is responsible for leading the global human resources team for Align's operations and facilities around the world. Prior to joining Align, Ms. Clark was with Avago Technologies, a recent spin-off of the Semiconductor Products Group (SPG) of Agilent Technologies. Her experience also includes positions of increasing responsibilities in Human Resources at Cadence Design Systems, Black & Decker, Price Pfister and several startups. Ms. Clark received her bachelor's degree in Molecular Biology from California State University Northridge, and has earned numerous certifications in organizational development programs.

Organization Position Status
Align Technology, Inc. Vice President, Human Resources Current
Hr Forums Vice President, Human Resources, Align Technology Current
Price Pfister, Inc. Current
The Black & Decker Corporation Current
Cadence Design Systems, Inc. Vice President of Human Resources Former
Agilent Former
California State University Northridge Bachelor's Degree In Molecular Biology Former

Organization Position Status
Align Technology, Inc. Co-Founder Current
Environmental Working Group Board of Directors Current
Grist Magazine, Inc Board of Directors Current
Environmental Working Group Analyst Former
World Resources Institute Former
Align Technology, Inc. Director Former
Harvard College BA Former

Organization Position Status
Clinreview Co-Founder Current
Align Technology, Inc. Current
University of Pennsylvania School of Dental Medicine Former

Cheryl has been Dr. Whitmore's Dental Assistant for 7 years. She handles all treatment with him including all restorative and cosmetic procedures, surgery, invisalign, and more. She has 10 years of dental experience, 7 of which are with Dr. Whitmore. Cheryl is NTI and Pinnacle trained as well as Radiology, Nitrous oxide, and CPR certified. She attended Lynchburg College and is now a Registered Dental Assistant with Texas State Board of Dental Examiners. Cheryl loves reading, traveling, and spending time with her husband Greg and her children Alexi, Jack, and Hayden.

Organization Position Status
Plano Cosmetic Dentist Marcus Whitmore Treatment Coordinator Current
Align Technology, Inc. Current
Lynchburg College Former

Organization Position Status
Align Technology, Inc. Clinical Consultant Current
Specialist Dental Group Orthodontist Current
Venduss Solutions Pte Ltd Current
University of Groningen Doctorate Former
University Corp. Masters In Dental Science Former
McMaster University Bachelor of Electrical Engineering Former
National University Former

Natasha has worked with jaredRESEARCH since 2003, including projects for Wells Fargo, Crayola, McGraw-Hill, Ask and Align Technology. Natasha is fluent in Turkish. Her background also includes journalism, advertising, internet start-ups, and content systems.

Organization Position Status
Align Technology, Inc. Current
McGraw Hill Current
Jaredresearch Interviewer, Researcher and Digital Video Editor Former
Crayola Former

As an Account Executive, Rodolfo handles day-to-day account and project management activities for a range of clients including Acuity Brands, Align Technology, AMVESCAP, Bowater Incorporated and Goodrich Corporation. Rodolfo joined see see eye in 2004 after serving as an intern with the Company. His background includes working as paralegal assistant for Bass & Associates, writer and producer for World Wide, Arts & Entertainment Editor for Georgia State University's Rampway online media group, and credit analyst assistant for Equifax. He has also served as an intern with GSU's College of Education and Melissa Libby & Associates. Rodolfo graduated from Georgia State University with a bachelor of arts degree in marketing in May 2005. He is a current member of the Public Relations Student Society of America, the American Marketing Association, and the Latin American Association. Rodolfo is a native of Guatemala.

Organization Position Status
Bass & Associates, Inc. Paralegal Current
See See Eye Account Executive Current
Equifax Inc. Credit Analyst Current
Goodrich Corporation Current
Bowater Incorporated Current
Acuity Brands, Inc. Current
Align Technology, Inc. Current
Georgia State University Bachelor of Arts Degree In Marketing In May 2005 Former

Organization Position Status
Align Technology, Inc. General Dentist Current

Ray joined Cutlass Capital in 2001 as a member of our Advisory Board and as a Venture Partner in 2006. Ray has over 30 years of health care industry experience. Prior to Cutlass Capital, he was CEO of Eunoe, a venture-backed start-up medical device company, from 2003 to 2005. From 1983 to 1997, Ray served as CEO of Nellcor Puritan Bennett (NYSE: NPB), a $1 billion revenue medical device company with over 4000 employees sold to Mallinckrodt for $2 billion. He was also the National Sales Manager for Bentley Laboratories from 1976 to 1983 and served as a Captain in the United States Marine Corps from 1970 to 1975. Ray has also been a Principal of health care merchant bank Group Outcome since 2000 and has served as Chairman and Director on the board of numerous public and private health care companies. He is also a former President of AdvaMed (Advanced Medical Technology Association, previously Health Industry Manufacturers Association). Ray is the Chairman of the Board of Trustees of St. Mary's College (Moraga, CA) and has a BS from LaSalle University.

Organization Position Status
Cutlass Capital, LLC Larkin Was President and Chief Executive Officer of Nellcor Puritan Bennett Current
Group Outcome Managing Director Current
Cutlass Capital, LLC Venture Partner Current
Align Technology, Inc. Chairman of the Board Current
Cerus Corporation Board of Directors Current
Hanger Orthopedic Group, Inc. Board of Directors Current
DaVita, Inc. Director Current
Heartware International, Inc. Director Current
Neuropace, Inc. Director Current
Therox, Inc. Board of Directors Current
Nellcor Chief Executive Officer Former
Nellcor Puritan Bennett Inc. CEO Former
Eunoe, Inc CEO Former
AdvaMed President Former
Nellcor Puritan Bennett Inc. President Former
Nellcor President Former
Bentley Laboratories, LLC Sales Manager Former
Group Outcome Principal Former
Nellcor Executive Positions Former
La Salle University B.S. Degree In Industrial Management Former
Eunoe, Inc Chairman Former
Align Technology, Inc. Director Former
La Salle University BS Former

Organization Position Status
Domain Associates LLC Partner Current
Valley Forge Pharmaceuticals, Inc. Current
The Wistar Institute Chair Current
Univax Biologics Chairman Current
Creative BioMolecules, Inc. Chairman Current
Skinmedica Acne System Board of Directors Current
Germantown Academy Board of Directors Current
Biovascular Inc Board of Directors Current
Ocera Therapeutics, Inc. Board of Directors Current
Orqis Medical Corporation Board of Directors Current
Orexigen Co Board of Directors Current
Align Technology, Inc. Director Current
Vivus, Inc. Board Member Current
ISTA Pharmaceuticals, Inc. Board Member Current
SkinMedica, Inc. Director Current
Connetics Corporation Board Member Current
Orexigen Therapeutics, Inc. Director Current
US Bioscience Board Member Current
BAS Medical Director Current
Geron Corporation Board Member Current
Cardiac Science Corporation Board Member Current
Trimeris, Inc. Board Member Current
Resound Corp Board Member Current
Symphony Medical, Inc. Director Current
Kauffman Fellows Program at the Center for Venture Education Director Current
Germantown Academy Trustee Emeritus Current
Howmedica, Inc. President Former
Howmet Corporation President Former
Howmedica, Inc. management positions Former
Howmet Corporation management positions Former
Neose Technologies, Inc. Board of Directors Current
Sanofi-Aventis Former
Burnham Institute for Medical Research Board of Directors Former
The Burnham Institute Board Member Former
Harvard Business School M.B.A Former
Harvard Business School M.B.A. degree Former
Colgate University B.A. Former
Burnham Institute for Medical Research Trustee Former
Domain Associates LLC member Former

David E. Collins has served as director since March 2003. Mr. Collins has over three decades of experience at the world's leading medical device and technology companies and has served on a number of public and private company boards. His most recent operational role was with Kenilworth, NJ-based Schering-Plough Corporation from 1989 to 1994, as President of a new consumer products division known as HealthCare Products. He also served as a member of the Schering-Plough Operations Committee, that company's senior executive management group. Prior to Schering-Plough, Mr. Collins helped found New York-based venture capital firm Galen Partners. Mr. Collins also spent 27 years with Johnson & Johnson in a number of legal and operational roles. He served as Corporate Secretary and General Counsel, President of McNeill Laboratories and other Latin American subsidiaries, and had leadership and oversight of the worldwide consumer products business, corporate public relations, investor relations, strategic planning and the government legislative liaison office. He left Johnson & Johnson in 1988 as Vice Chairman of the Board of Directors.

Organization Position Status
Align Technology, Inc. Director Current
Schering-Plough Corporation Member Former
Johnson & Johnson Vice Chairman of the Board Former

Organization Position Status
Davey Dental Care Current
American Dental Association Board of Directors Current
California Dental Association Board of Directors Current
Align Technology, Inc. Board of Directors Current
The University of California, San Francisco Former

Organization Position Status
Beachhead Solutions, Inc. Independent Management Consultant Current
Taleo Corporation Independent Management Consultant Current
Beachhead Solutions, Inc. Board of Directors Current
Taleo Corporation Board of Directors Current
Align Technology, Inc. Board of Directors Current
Stateuniversity.Com M.B.A. Former
San Jose State University MBA Former
University of Illinois Bachelor's Degree In Accounting Former

Organization Position Status
Align Technology, Inc. Board of Directors Current

Organization Position Status
Arresto Biosciences Director, Partner, Kleiner Perkins Caufield and Byers Current
Kleiner Perkins Caufield & Byers Partner Current
American Heart Association, Inc. * Current
Innercool Current
Cellpro.Com Chairman Current
Cooney Enterprises, Inc Director Current
Align Technology, Inc. Board of Directors Current
eHealth, Inc. Board of Directors Current
Orexigen Co Board of Directors Current
Insureco Marketing LLC Director Current
GSK Biologicals Seattle Board of Directors Current
Stanford University Advisory Board Member Current
Therox, Inc. Director Current
Neuropace, Inc. Director Current
BAS Medical Director Current
Ophthonix, Inc. Director Current
Glori Oil Board Member Current
QuestMark Partners Director Current
Cetus Corporation Marketing Manager Former
Cetus Corporation Executive Former
McKenna Motors Inc. Investor Former
eHealth, Inc. Investor Former
Stanford Graduate School of Business M.B.A. Former
Stanford University M.B.A. Degree Former
University of California, Los Angeles Master's In Public Health Former
University of California, Irvine B.S. In Biological Sciences Former

Dr. Stanley Gersch received a BS in Biology from the City College of New York and his Doctorate of Dental Medicine (DMD) degree from Tufts University School of Dental Medicine in Boston, Mass. After completing a General Practice Residency at Montefiore Medical Center in NY, he specialized in Orthodontics and Dentofacial Orthopedics at NYU College of Dentistry. Dr. Gersch and his wife, Cindy, reside in Westfield, NJ where they have raised their two adult children, Scott and Shari. Scott joined Dr. Gersch as his partner at Gersch Orthodontics back in 2005. Dr. Gersch is President of the New Jersey Association of Orthodontists and has been delivering outstanding orthodontic care to children and adults in the Union County area for over 25 years. Dr. Gersch is a clinical professor in the Post-Graduate Orthodontic Department at NYU College of Dentistry and was recently named as one of the Top Orthodontists in America in the Guide to America's Top Dentists by the Consumer's Research Council of America. To remain in the forefront of technological advancements in the orthodontic specialty (including self-ligating brackets, mini-screws, and clear aligner technology), Dr. Gersch continues to research the latest products and advancements in orthodontic care by attending numerous orthodontic education programs each year including the Greater New York Dental Meeting where he is a national speaker. In addition to traditional and clear braces, Dr. Gersch was one of the first orthodontists in the United States to use Invisalign and he has been nationally recognized for his Invisalign treatment and expertise. One of these distinctions is the Top Case Award presented by Align Technology. Dr. Gersch is Director of Invisalign training at NYU College of Dentistry and lectures on a national basis for Invisalign. Honored at the American Association of Orthodontist's Convention for achieving membership in Align Technology's Century Club - he is part of an exclusive group consisting of only the Top 100 Invisalign providers in North America. Dr. Gersch has also consistently been recognized as an Invisalign Premier Provider Elite, a distinction given to less than 1% of Invisalign certified doctors of over 20,000 certified doctors, less than 60 have been given this honor. In addition, Dr. Stanley Gersch has also been responsible for the Invisalign certification process for all New York and New Jersey graduate orthodontic programs. Dr. Gersch is a member of the American Association of Orthodontists, Middle Atlantic Society of Orthodontists, New Jersey Association of Orthodontists (where he serves as President), American Dental Association, New Jersey Dental Association, Union County Dental Society, and is on staff at Robert Wood Johnson Hospital. He is also actively involved in the broader Union County community and is a member and supports many local, charitable and civic organizations. Dr. Gersch and his team at Gersch Orthodontics strive to provide excellent patient care and the highest quality orthodontics in a personal and comfortable atmosphere.

Organization Position Status
Gersch Orthodontics Orthodontist Current
New York University College of Dentistry Clinical Professor Current
Align Technology, Inc. Director Current
American Association of Orthodontists Member Current

Warren S. Thaler has served as a director of Align since June 2004. Mr. Thaler is the President of Gund Investment Corporation. He directs real estate and venture capital investments, and assists with the management of the companies wholly owned by Gordon Gund. Prior to joining Gund Investment in 1990, Mr. Thaler worked in the corporate finance department of Drexel Burnham Lambert where he structured and marketed debt and equity securities for corporate issuers. Mr. Thaler serves on the board of directors of Cavaliers/Gund Arena Company and represents the Cleveland Cavaliers as its Alternate Governor at meetings of the National Basketball Association's Board of Governors. He also serves on the boards of Ophthonix, Inc. and Valley Forge Pharmaceuticals, Inc. Mr. Thaler received his B.A. from Princeton University and his M.B.A. from Harvard University.

Organization Position Status
Align Technology, Inc. Director Current
Ophthonix, Inc. Board of Directors Current
Cleveland Cavaliers/Quicken Loans Arena Board of Directors Current
Valley Forge Pharmaceuticals, Inc. Board of Directors Current
Cleveland Cavaliers Board of Directors Former
Harvard University M.B.A. Former
Princeton University B.A. Former

Executive News

  • Align Technology and Ormco settle patent litigation

    TradingMarkets - 8/19/09 - View Story

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     ALGN $15.81 +0.27 (1.74% )
Average Volume 635,462
Shares Outstanding 74.46M
Market Cap 1.2B
Year High 18.85
Year Low 6.1
Earnings Per Share 0.36
P/E Ratio 43.92
Dividend N/A
Yield N/A
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