BNET Industries
Market Cap:$1.9B
Last Fiscal Year Sales:$3.3B
- Public
- US
Dow Jones Description
Molex is a leading one-source supplier of interconnect products. Our team of more than 33,000 highly skilled individuals is focused on the design, development and distribution of innovative solutions critical to products that touch virtually every walk of life. Our portfolio is among the world's largest with over 100,000 reliable products, including everything from electronic, electrical and fiber optic interconnect solutions to switches and application tooling.
Chief Executive Officer
Martin P. SlarkNumber of Employees 32,160
Peer Companies
NAICS Code Electronic Connector Manufacturing: 334417
Recent Events
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Ticonderoga Securities Upgrades Molex MOLX to Neutral; After Underperforming, Downside is Limited
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Johnson Controls-Saft to Supply the Battery for Ford's Transit Connect Electric Vehicle
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Molex Releases Quad Small Form-factor Pluggable Plus Solution for High-Density Applications
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Molex Acquires Zhenjiang Tean Telecom & Appliance
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Molex Unveils New Copper and Optical System
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Molex Introduces New iPass+ HD System
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Connecting the industrial edge
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Tyco Electronics Q4 Profit Plunges 54%; Guides Q1 - Update
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BRIEF-RESEARCH ALERT-UBS starts Arrow Electronics, 4 others
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Market Report -- In Play MOLX
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Longbow Research Upgrades Molex MOLX to Buy
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Molex Inc : Mini-Fit H2Oâ„¢ Mid-Range Power Connector
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Rugged, sealed, circular connectors introduced by Molex for marine and industrial applications
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STOCKS NEWS US-Midwest business activity slips in September
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BRIEF-Goldman Sachs starts U.S. connector industry with attractive view
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BUSINESS WIRE DAILY SUMMARY - SEPT. 19, 20 AND 21, 2009
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Molex Unveils LED Offering for Government, Commercial and Residential Construction
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H.I.G. Capital to acquire Molex France
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Header with High Retention Force Suits High-vibration Apps
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REG-Molex Incorporated Molex Reports Fourth Quarter and Full Fiscal Year Results Provides Outlook for First...
News & Analysis
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finance and molex inc. - All News and Analysis
Molex Incorporated F3Q09 (Qtr End 03/31/09) Earnings Call Transcript
Question-and-Answer SessionOperator Operator instructions Your first question comes from the line of William Stein of Credit Suisse. Please proceed. William Stein – Credit Suisse Thanks guys. I'm wondering if you can talk about – as it relates to the restructuring plan, what's the thinking on the target revenue level...
Molex Updates Outlook for September Quarter
LISLE, Ill. -- Molex Incorporated (NASDAQ: MOLX)(NASDAQ: MOLXA), a global electronic components company, announced today that it is revising its revenue and earnings per share outlook for the quarter ending September 30, 2008. Molex now expects September quarter revenue in the range of $840 million to $845 million, compared...
Big Picture.(Business)
Molex adds millions to its option costs LISLE - Molex Inc., a maker of electrical connectors for phones and computers, restated financial results by about $17.1 million to account for costs from misdating stock- option grants. The expenses apply from fiscal 1995 to 2006,...
Local Focus.(Business)
Molex dividend increases 50 percent LISLE - Molex Inc., a global electronics components company, on Friday announced that its board of directors has authorized a 50 percent increase in the company's regular quarterly cash dividend to 7.5 cents per share. The new cash dividend,...
Earnings.(Business)
Byline: Daily Herald news services Allstate posts 11% second-quarter gain NORTHBROOK - Allstate Corp. said Wednesday its second-quarter earnings increased 11 percent on double-digit gains in underwriting income and a comparatively mild quarter for natural disasters. The results far outpaced Wall...
Stock Report: Nasdaq: Molex is in the clear.(Markets)(Brief Article)
Byline: Bob Tita The cloud over Molex Inc.'s shares lifted last week when the Nasdaq Stock Market announced that the Lisle-based company was in compliance with the exchange's rules for financial reporting. In November, Nasdaq had threatened to remove Molex from the...
Business briefs.(Business)
Ethanol futures begin trading CHICAGO - Ethanol futures debuted Wednesday on the Chicago Board of Trade, joining corn, soybeans and wheat among the agricultural contracts bought and sold on the exchange. Trading in the corn- based gasoline additive was added following close collaboration with...
Molex Files Quarterly Reports with SEC
LISLE, Ill. -- Molex Incorporated (NASDAQ:MOLXE)(NASDAQ:MOLAE), a global electronic components company, announced that the Company filed its Quarterly Report on Form 10-Q for the fiscal quarter ended December 31, 2004 and an amendment to its Quarterly Report on Form 10-Q for the fiscal quarter ended September 30, 2004 with the...
Molex earnings fall amid SEC inquiries.(Business)
Byline: Bloomberg News Lisle-based Molex Inc., which makes connectors for electronic and fiber-optic equipment, Monday said fiscal second-quarter earnings fell short of its forecast because of increased material costs and a weak U.S. dollar against the yen and euro. In addition,...
Auditor's exit puts Lisle, Ill., electronics firm Molex in a bind.
By Andrew Countryman, Chicago Tribune Knight Ridder/Tribune Business News Dec. 5--An extraordinary dispute has erupted between Molex Inc. and former auditor Deloitte & Touche, threatening the Lisle-based company's listing on the Nasdaq stock market and showing how accounting firms are ...
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Decision Makers
| Name (plus bio) | Position |
|---|---|
| Martin P. Slark | Chief Executive Officer |
| Fred L. Krehbiel | President |
| Graham C. Brock | President, Europe |
| James E. Fleischhacker | President, Commercial Products Division |
| Liam McCarthy | President and Chief Operating Officer |
| Robert B. Mahoney | President, Asia Pacific South |
| Ronald L. Schubel | Regional President, Americas |
| David D. Johnson | Chief Financial Officer, Executive Vice President and Treasurer |
| Diane Bullock | Vice President |
| G. Neil Lefort | Vice President, Investor Relations |
| Goro Tokuyama | Vice President |
| Kathi M. Regas | Vice President |
| Katsumi Hirokawa | Vice President |
| Werner Fichtner | Corp Vice President |
| Sam Cremin | Communications Director |
| Andy Smith | Product Manager |
| Bob Grenke | Product Manager |
| Dave Skowronski | Product Manager |
| David Brearley | Development Manager |
| Gary Manchester | Product Manager |
| Graham McFarlane | Product Manager |
| Gregg Farnsworth | Product Manager |
| Holly McAvoy | Manager, Marketing Communications |
| Jay Neer | Product Manager, Marketing |
| Jon Kiachian | Product Manager |
| Margaret Batkiewicz | Public Relations Manager |
| Phil Coelho | Marketing Manager |
| Susan Armitage | Public Relations & Communications Manager |
| K. Travis George | Controller |
| John Garing | |
| Louis A. Hecht | General Counsel & Secretary |
| David L. Landsittel | Director |
| Donald G Lubin | Director |
| Edgar D. Jannotta | Director |
| Masahisa Naitoh | Director |
Board of Directors
| Name (plus bio) | Position |
|---|---|
| Frederick A. Krehbiel | Co-Chairman |
| John H. Krehbiel | Co-Chairman |
| Douglas K. Carnahan | Board of Directors |
| Joe W. Laymon | Board of Directors |
| Michelle L. Collins | Board Director |
| Robert J. Potter | Board of Directors |
| Organization | Position | Status |
|---|---|---|
| Molex Incorporated | Chief Executive Officer | Current |
| Liberty Mutual Insurance Company | Vice Chairman and Chief Executive Officer, Molex Inc. | Current |
| Landmark School | Treasurer | Current |
| Liberty Mutual Insurance Company | Director | Current |
| Landmark School | Vice Chairman | Current |
| Hub Group, Inc. | Director | Current |
| Molex Incorporated | Vice Chairman | Current |
| Liberty Mutual Group, Inc. | Board of Directors | Current |
| Molex Incorporated | President | Former |
| Molex Incorporated | Chief Operating Officer | Former |
| Molex Incorporated | Executive Vice President | Former |
| Molex Incorporated | Board of Directors | Former |
| London Business School | Graduate | Former |
| Reading University | Masters | Former |
| University Corp. | MBA | Former |
| Reading University | Bachelors of Science | Former |
| Organization | Position | Status |
|---|---|---|
| Molex Incorporated | President | Current |
| Molex Incorporated | Director | Current |
| Molex Incorporated | Chief Executive Officer | Former |
| Molex Incorporated | Chief Executive Office | Former |
| Molex Incorporated | Vice Chairman | Former |
| Organization | Position | Status |
|---|---|---|
| Molex Incorporated | President, Europe | Current |
| Molex Incorporated | Vice President | Former |
| Organization | Position | Status |
|---|---|---|
| Molex Incorporated | President, Commercial Products Division | Current |
| Molex Incorporated | Regional President Asia Pacific South | Former |
| Molex Incorporated | Executive Vice President | Former |
| Organization | Position | Status |
|---|---|---|
| Molex Incorporated | President and Chief Operating Officer | Current |
| Columbus McKinnon Corporation | Board of Directors | Current |
| Molex Incorporated | Regional Vice President of Operations, Europe | Former |
| Molex Incorporated | Interim General Manager of Molex Ireland Ltd | Former |
| Organization | Position | Status |
|---|---|---|
| Molex Incorporated | President, Asia Pacific South | Current |
| Molex Incorporated | Treasurer | Former |
| Organization | Position | Status |
|---|---|---|
| Molex Incorporated | Regional President, Americas | Current |
| Littelfuse, Inc. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Molex Incorporated | Chief Financial Officer, Executive Vice President and Treasurer | Current |
| Molex Incorporated | Board of Directors | Current |
| Sypris Solutions, Inc. | Chief Financial Officer | Former |
| Molex Incorporated | Vice President | Former |
| Sypris Solutions, Inc. | Vice President | Former |
| Sypris Solutions, Inc. | Treasurer | Former |
| Organization | Position | Status |
|---|---|---|
| Molex Incorporated | Vice President | Current |
| Organization | Position | Status |
|---|---|---|
| Molex Incorporated | Vice President, Investor Relations | Current |
| Organization | Position | Status |
|---|---|---|
| Molex Incorporated | Vice President | Current |
| Organization | Position | Status |
|---|---|---|
| Molex Incorporated | Vice President | Current |
| Organization | Position | Status |
|---|---|---|
| Molex Incorporated | Vice President | Current |
| Organization | Position | Status |
|---|---|---|
| Molex Incorporated | Corp Vice President | Current |
| Molex Holding GmbH | President | Former |
| Organization | Position | Status |
|---|---|---|
| Molex Incorporated | Communications Director | Current |
| Organization | Position | Status |
|---|---|---|
| Molex Incorporated | Product Manager | Current |
| Organization | Position | Status |
|---|---|---|
| Molex Incorporated | Product Manager | Current |
| Organization | Position | Status |
|---|---|---|
| Molex Incorporated | Product Manager | Current |
David Brearley, Market Development Manager for Molex, has been active in the high density connector development since the 1980s. He has been very active in standards efforts around backplane and mezzanine connectors, including the IEEE 1386 connector now known as the PMC connector. He is currently working with PICMG to define solutions for the Advanced Mezzanine Card connectors. He was draft editor for the IEEE1301.3 Metric Equipment Practice.
| Organization | Position | Status |
|---|---|---|
| Molex Incorporated | Development Manager | Current |
| TTI Inc. | Market Development Manager for Molex | Current |
| Organization | Position | Status |
|---|---|---|
| Molex Incorporated | Product Manager | Current |
| Organization | Position | Status |
|---|---|---|
| Molex Incorporated | Product Manager | Current |
| Organization | Position | Status |
|---|---|---|
| Molex Incorporated | Product Manager | Current |
| Organization | Position | Status |
|---|---|---|
| Molex Incorporated | Manager, Marketing Communications | Current |
| Organization | Position | Status |
|---|---|---|
| Molex Incorporated | Product Manager, Marketing | Current |
| Organization | Position | Status |
|---|---|---|
| Molex Incorporated | Product Manager | Current |
| Organization | Position | Status |
|---|---|---|
| Molex Incorporated | Public Relations Manager | Current |
| Organization | Position | Status |
|---|---|---|
| Molex Incorporated | Marketing Manager | Current |
| Organization | Position | Status |
|---|---|---|
| Molex Incorporated | Public Relations & Communications Manager | Current |
| Organization | Position | Status |
|---|---|---|
| Molex Incorporated | Controller | Current |
| Molex Incorporated | Board of Directors | Current |
John has more than 10 years of experience in the RF coaxial connector and cable assembly industry. Prior to joining Molex, John worked at Andrew Corporation specializing in RF connectors, cable assemblies, and cell site accessories. In John's role at Molex he is responsible for new product management, pricing, technical assistance, and major account management. John's extensive RF experience, product knowledge, and marketing background enables him to help customers find standard and custom RF solutions for any application while also meeting the customer's budgetary requirements.
| Organization | Position | Status |
|---|---|---|
| TTI Inc. | Rf Connector | Current |
| Molex Incorporated | Current | |
| Andrew Corporation | Former |
| Organization | Position | Status |
|---|---|---|
| Molex Incorporated | General Counsel & Secretary | Current |
| Organization | Position | Status |
|---|---|---|
| Molex Incorporated | Co-Chairman | Current |
| Molex Incorporated | Co-Chief Executive Officer | Former |
| Molex Incorporated | President | Former |
| Molex Incorporated | Chief Operating Officer | Former |
| Molex Incorporated | Board of Directors | Former |
| Organization | Position | Status |
|---|---|---|
| Molex Incorporated | Co-Chairman | Current |
| Molex Incorporated | Board of Directors | Former |
| Organization | Position | Status |
|---|---|---|
| Molex Incorporated | Director | Current |
| Organization | Position | Status |
|---|---|---|
| Sonnenschein Nath & Rosenthal Llp | Partner | Current |
| Molex Incorporated | Director | Current |
| Sonnenschein Nath & Rosenthal Llp | Chairman | Former |
| Organization | Position | Status |
|---|---|---|
| Molex Incorporated | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| GTCR Golder Rauner, LLC | Senior Advisor | Current |
| William Blair Capital Partners | Chairman | Current |
| William Blair International, Limited | Chairman | Current |
| ComEd | Board of Directors | Current |
| Aon Corporation | Board of Directors | Current |
| Molex Incorporated | Director | Current |
| Sloan Valve Company | Director | Current |
| Morton Grove Pharmaceuticals, Inc. | Board Director | Current |
| Ovation Pharmaceuticals, Inc. | Board Director | Current |
| Commercial Club of Chicago | President | Former |
| Economic Club of Chicago | President | Former |
| William Blair Capital Partners | managing director | Former |
| GTCR Golder Rauner, LLC | Managing Principal | Former |
| LifeCare Management Services LLC | Director | Former |
| LifeCare Management Services LLC | Investor | Former |
| Harvard University | MBA | Former |
| Princeton University | AB | Former |
Joe Laymon is vice president of Human Resources for Chevron Corporation. In this capacity he oversees Chevron's global human resources and medical services function and is the principal steward of the company's Invest in People strategy that seeks to build a high-performing global workforce. A native of Mississippi, Laymon came to Chevron in 2008 from Ford Motor Company, where he served as group vice president of Corporate Human Resources and Labor Affairs. Prior to joining Ford in 2000, Laymon worked for the United States Agency for International Development (USAID) with assignments in Zaire and Washington, D.C. He joined Xerox Corporation in 1979, and went on to hold a number of senior human resources and labor positions, over the course of 17 years, including chief labor negotiator. Laymon then joined the Eastman Kodak Company where he held several senior human resources positions, including vice president of Human Resources for U.S. and International Operations. Laymon is a member of the Human Resources Network in the Petroleum Industry, the HR Policy Association, and the board of directors for Molex, Inc. He earned a bachelor's degree from Jackson State University in 1975 and a master's degree in economics from the University of Wisconsin-Madison in 1977. Laymon was born October 1952. He and his wife, Dianne, have three children.
| Organization | Position | Status |
|---|---|---|
| Chevron Corp. | Vice President, Human Resources | Current |
| Molex Incorporated | Board of Directors | Current |
| Xerox Corporation | Chief Labor Negotiator | Former |
| Ford Motor Credit Company | Group Vice President, Corp HR | Former |
| Ford Motor Company | Vice President, Corp Human Resources | Former |
| DTE Energy Company | Board of Directors | Former |
| Organization | Position | Status |
|---|---|---|
| Focus Ventures | Advisor | Current |
| Molex Incorporated | Director | Current |
| Focus Ventures | Board of Directors | Current |
| ITOCHU Corporation | Vice Chairman | Former |
| Organization | Position | Status |
|---|---|---|
| Svoboda, Collins L.L.C | Co-Founder and Managing Director of Svoboda, Collins Llc | Current |
| CDW Corporation | Audit Committee Chairman | Current |
| Svoboda, Collins L.L.C | Board of Directors | Current |
| Molex Incorporated | Board Director | Current |
| Hyde Park Angels | Board of Directors | Current |
| William Blair & Company LLC | principal | Former |
| CDW Corporation | Board Director | Former |
| Coldwater Creek, Inc. | Board of Directors | Former |
| Yale University | Graduate | Former |
| Harvard University | MBA | Former |
| Yale University | BS | Former |
Array
| Organization | Position | Status |
|---|---|---|
| Northern Telecom | Group Vice President | Current |
| Zebra Technologies Corporation | Board of Directors | Current |
| Molex Incorporated | Board of Directors | Current |
| Cree, Inc. | Board of Directors | Current |
| R&J Inc. | Chief Executive Officer | Former |
| Datapoint (U.K.) Ltd. | Chief Executive Officer | Former |
| Datapoint (U.K.) Ltd. | Potter was President | Former |
| Datapoint (U.K.) Ltd. | Group Vice President of Northern Telecom | Former |
| Optical Society of America, Inc. | fellow | Former |
| R&J Inc. | Potter is the principal | Former |
| University of Rochester | Ph.D. | Former |
| Lafayette College | Graduate, Physics | Former |
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