BNET Industries

Last Fiscal Year Sales:$10.4B
  • Private
  • US
Dow Jones Description

We provide a range of worldwide manufacturing and integrated supply-chain services to companies who design and market electronic products. Our revenue is generated from sales of our services primarily to customers in the Computing & Storage, Networking, Communications, Consumer, Industrial, Automotive, Medical and other markets. As a result of the services we perform for our customers, we are impacted by our customers ability to appropriately predict market demand for their products. While we work with our customers to understand their demand needs, we are removed from the actual end-market served by our customers. Consequently, determining future trends and estimates of activity can be difficult. On March 9, 2007, Solectron launched the Cisco Systems Lean Initiative. This initiative required us to purchase PCBA boards that were previously sold to Cisco Systems. As a result, the Company had a net reduction of revenue of $240.7 million and an increase to inventories of $260.3 million for the second quarter of fiscal 2007. In addition, during the third quarter of fiscal 2007, the Company purchased $74.4 million of inventory from third party suppliers in connection with the initiative. Under the Cisco Systems Lean Initiative, Solectron is required to complete the building of systems and boxes. Systems and boxes require PCBA boards and third party built parts. ...

Member of The Company's Board of Directors
James A. Davidson
Number of Employees 53,000
Contact Information

847 Gibraltar Dr

Milpitas, California 95035-6328

solectron.com

1 408 957 8500

NAICS Code Bare Printed Circuit Board Manufacturing: 334412

Recent Events

  • More OEMs sell facilities to contract manufacturers

    12/25/09 - Merger / Acquisition - View Story

  • Tech's Global Assembly Line

    7/26/08 - Financial Announcement - View Story

  • National Semiconductor Appoints Todd DuChene as SVP, General Counsel

    1/11/08 - Mgmt. Change Entering - Legal - View Story

  • Solectron's Douglas Britt Joins SGI as Senior Vice President of Worldwide Sales

    11/06/07 - Mgmt. Change - Entering - View Story

  • Wiley-IEEE Press Publishes iNEMI Lead-Free Book

    11/02/07 - Mgmt. Change Leaving - Vice President - View Story

  • EMS industry goes car shopping

    10/18/07 - Merger / Acquisition - View Story

  • Stocks to Watch

    10/04/07 - Financial Announcement - View Story

  • Seasoned High-Tech Executive Joins TechTurn as VP of Product Sales and E-Commerce

    9/26/07 - Bond / Stock Rating - View Story

News & Analysis

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fitch and microsoft outlook and solectron corp. - All News and Analysis

Decision Makers

Name (plus bio) Position
Rich D'Amore Director
Bob Gay
Ajay B. Shah Director
Craig London Executive Vice President, Solectron Global Services
Michael R. Cannon President and Chief Executive Officer
David Purvis Chief Technical Officer
Warren J. Ligan Chief Accounting Officer & Senior Vice President
Chester Lin Chien President, Solectron Asia, Pacific & Executive Vice President
David Everett Executive Vice President, Sales
Doug Britt Executive Vice President, Sales and Account Management
Douglas Britt Executive Vice President, Sales & Accounting Management
George Moore Executive Vice President
Kevin Connor Executive Vice President, HR
Frederick Rollinson III President, Americas Region & Senior Vice President
Ken Tsai President, Solectron Asia & Senior Vice President
Leslie T. Nishimura President, Solectron Washington, Inc & Senior Vice President
Matti Virtanen Senior Vice President, EMEA
Perry G. Hayes Senior Vice President, Investor Relations & Treasurer
Michael Busselen Vice President, Corp Communications & Public Relations
Paula Oswald Vice President
Ravi Ramanan Vice President
Joe Tang Managing Director, Solectron Asia, Pacific & Senior Vice President
Cindy Klimstra Senior Director, Investor Relations
Dave Busch Strategic Marketing Director
Ray Artsdalen General Manager
David Bassett
Glenn Tamaru
John Osmer
Leanne Pounds Senior Buyer
LUIS BALBONA

Board of Directors

Name (plus bio) Position
James A. Davidson Member of The Company's Board of Directors
William A. Hasler Chairman
C. Wesley M. Scott Chairman
Dr. Paul R. Low Chairman
Cyril Yansouni Board of Directors
Daniel H. Schulman Board of Directors
H. Paulett Eberhart Board of Directors
H. Raymond Bingham Board of Directors
Heinz Fridrich Board of Directors
Mike McNamara Member of The Board of Directors
Paulett Eberhart Board of Directors
Richard A. D. Amore Board of Directors
Robert L. Edwards Board of Directors
Rockwell Schnabel Board of Directors
William D. Watkins Board of Directors
William R. Graber Board of Directors
Willy Shih Board of Directors

James A. Davidson has served as a member of the Company’s Board of Directors since March 2003. He is a co-founder and managing director of Silver Lake, a private equity investment firm. Mr. Davidson also serves on the Board of directors for Avago Technologies, a private company that specializes in analog, mixed-signal and optoelectronic components and subsystems. From June 1990 to November 1998, he was an investment banker with Hambrecht & Quist, most recently serving as Managing Director and Head of Technology Investment Banking. From 1984 to 1990, Mr. Davidson was a corporate and securities lawyer with Pillsbury, Madison & Sutro.

Organization Position Status
Silver Lake Partners Co-Founder & Chairman Current
Shinei International Pte, Ltd. Member of The Company's Board of Directors Current
Seagate Technology, Inc. Board of Directors Current
Network General Corporation Board Member Current
Solectron Corporation Member of The Company's Board of Directors Current
Flextronics International Ltd. Board of Directors Current
Avago Technologies, Pte. Board of Directors Current
Invotronics Board of Directors Current
Avail Medical Products, Inc. Board of Directors Current
Hambrecht & Quist Capital Management LLC Head of Mergers and Acquisitions Former
Silver Lake Partners principal Former
Pillsbury Madison & Sutro Attorney Former
Enterasys Networks, Inc. member Former

Organization Position Status
North Bridge Venture Partners Founder Current
Aushon Biosystems, Inc. Managing Partner at North Bridge Current
Convoq, Inc. Current
Veeco Instruments, Inc. Director Current
Pragmatech Software, Inc. Board of Directors Current
Clarix Ivrs and Edc Director Current
Worldvideoconferencing.Com Board of Directors Current
Solectron Corporation Director Current
Reval.Com, Inc. Director Current
Recherche Clinique Director Current
Cambridge Bio Collabrative Inc. Director Current
Phase Forward Incorporated Director Current
Whitman Consulting Group, Inc. Director Current
Bio-IT World, Inc. Director Current
Chen Pr, Inc. Director Current
E Ink Corporation CEO Former
E Ink Corporation President Former
North Bridge Venture Partners General Partner Former
Arthur Young, Inc. Accountant Former
Bain & Company Consultant Former
Bain & Company consultant Former
Azimuth Corporation Former
VLSI Technology Former
Dassault Systemes Former
Centra Software, Inc. Former
Solidworks Corporation Former
Harvard University Baker Scholar Former
Harvard Business School Graduate Former
Northeastern University Graduate Former

Bob is responsible for Cardean Learning Group's Sales and Enrollment Services team, Admissions & Records and Registrar organizations; and Advising & Learner Services functions. Bob brings 20+ years of sales and marketing experience to Cardean Learning Group. Prior to joining Cardean, Bob held a number of senior management positions with the University of Maryland University College. Most recently, he served as Vice President, Enrollment Management with direct responsibility for the Admissions, Recruiting, Advising, Student Financial Services and Marketing functions. Previous experience includes a variety of senior management positions in sales, marketing, and customer service with a number of well respected organizations including Solectron, LCC International, Inc. and MCI. Bob holds a BS degree in Business and Economics from Towson University. About Cardean Learning Group | Who We Are | Ellis College of NYIT | Cardean University | News and Events | Careers | Contact Us

Organization Position Status
LCC International, Inc. Current
Solectron Corporation Current
Cardean Learning Group Executive Vice President, Sales and Customer Service Former
Towson University Bs Degree In Business and Economics Former

Organization Position Status
Aphton Corporation Co-CEO Current
DMC Stratex Networks, Inc. Board Director Current
Solectron Corporation Chairman Current
Ditech Networks Inc. Board of Directors Current
Vitalect, Inc. Board of Directors Current
Mission West Properties Board of Directors Current
The Investment Bank for Middle Market Board of Directors Current
Insidetrack, Inc. Member, Board of Directors Current
Aphton Corporation Vice Chairman Current
Harris Stratex Networks, Inc. Board of Directors Current
Technical Olympic USA, Inc. Board Director Current
Boardvantage, Inc. Board of Directors Current
Genitope Corporation Board Director Current
Vitalect, Inc. Investor Current
Genitope Corporation Compensation Committee Member Current
Ditech.com Compensation Committee Member Current
Pomona College Trustee Former
Pacific Stock Exchange public governor Former
KPMG International Director Former
Ditech Communications Corporation Board of Directors Former
KPMG International Vice Chairman Former
Solectron Corporation Board Director Former
Harvard University M.B.A. Former
Harvard Business School MBA Former
Pomona College B.A. Former

Organization Position Status
Shah Capital Partners, LP Founder Current
Silver Lake Current
Smart Modular, Inc. Chairman Current
Invotronics Board of Directors Current
Baroda Net Board of Directors Current
Moserbaer India Limited Board of Directors Current
Power-One, Inc. Board of Directors Current
Solectron Corporation Director Current
Flextronics International Ltd. Board Member Current
Magellan Board of Directors Current
Avail Medical Products, Inc. Board of Directors Current
Proactivenet, Inc. Board of Directors Current
Smart Modular, Inc. Co-Founder Current
C-Mac Microcircuits, Ltd. Board of Directors Current
Solectron Corporation CEO Former
Shah Capital Partners, LP Managing Partner Former
SMART Modular Technologies, Inc. CEO Former
SMART Modular Technologies, Inc. Co-Founder Former
Solectron Corporation Founder Former
California Inc M.S. In Engineering Management Former
US Robotics Corporation NA Former
vCustomer Corporation Former
Nptest, Inc. Former
Smart Modular, Inc. Director Former
SMART Modular Technologies, Inc. Chairman, Board of Directors Former
SMART Modular Technologies, Inc. Director Former
University of Baroda M.S. Former
Stanford University MS In Engineering Management Former
University of Baroda Bachelor's In Engineering Former
University of Baroda Beng Former

Organization Position Status
Solectron Corporation Executive Vice President, Solectron Global Services Current
San Francisco Zoological Society Board Director Current
Diva Communications, Inc CEO Former
Diva Communications, Inc President Former
Safeguard Scientifics, Inc. Managing Director Former
Nortel Networks Corporation Executive Management Positions Former
Safeguard Scientifics, Inc. Executive Officer Former
Pepperdine University MBA Former
University of California, Berkeley Bachelors Degree Former

Mr. Michael R. Cannon joined the Company in January 2003 as President and CEO and as a member of the Board of Directors and has more than 25 years of manufacturing and technology experience. Prior to joining the Company, Mr. Cannon was President, CEO and a director of Maxtor Corporation, a provider of hard disk drives and storage systems. Previously, Mr. Cannon was with IBM s Storage Systems Division, where he held several senior leadership positions, including Vice President of the Personal Storage Systems Division, Vice President of Product Design and Vice President of Worldwide Manufacturing. Prior to IBM, Mr. Cannon worked at several companies in the disk drive industry, including Control Data Corporation s Imprimis Technology spin-off. Mr. Cannon began his career at The Boeing Company, where he held engineering and management positions in the Manufacturing Research and Development Group. Mr. Cannon studied mechanical engineering at Michigan State University and completed the Advanced Management Program at Harvard Business School. Mr. Cannon also serves as a director of Adobe Systems Inc. and Seagate Technology, Inc.

Organization Position Status
Solectron Corporation President and Chief Executive Officer Current
Dell Inc. President, Global Operations Current
US-China Business Council Board of Directors Current
Adobe Systems Incorporated Board of Directors Current
Maxtor Corporation President & CEO Former
Maxtor Corporation Board of Directors Former
Solectron Corporation Board of Directors Former

Organization Position Status
Solectron Corporation Chief Technical Officer Current
Solectron Corporation Executive Vice President Former
Honeywell Corporation Vice President of Engineering Former
Monsanto Company Management and Technology Related Positions Former
University of Illinois Bachelors Degree Former

Organization Position Status
Solectron Corporation Chief Accounting Officer & Senior Vice President Current

Organization Position Status
Solectron Corporation President, Solectron Asia, Pacific & Executive Vice President Current

Organization Position Status
Solectron Corporation Executive Vice President, Sales Current

Organization Position Status
Solectron Corporation Executive Vice President, Sales and Account Management Current
Future Electronics Inc. Regional Vice President Former
California State University, Chico Bachelors Degree Former
University of London NA Former

Organization Position Status
Solectron Corporation Executive Vice President, Sales & Accounting Management Current

Organization Position Status
Solectron Corporation Executive Vice President Current

Organization Position Status
Solectron Corporation Executive Vice President, HR Current

Organization Position Status
Solectron Corporation President, Americas Region & Senior Vice President Current

Organization Position Status
Solectron Corporation President, Solectron Asia & Senior Vice President Current

Organization Position Status
Solectron Corporation President, Solectron Washington, Inc & Senior Vice President Current

Organization Position Status
Solectron Corporation Senior Vice President, EMEA Current

Organization Position Status
Solectron Corporation Senior Vice President, Investor Relations & Treasurer Current

Organization Position Status
Solectron Corporation Vice President, Corp Communications & Public Relations Current

Organization Position Status
Solectron Corporation Vice President Current

Organization Position Status
Solectron Corporation Vice President Current

Organization Position Status
Solectron Corporation Managing Director, Solectron Asia, Pacific & Senior Vice President Current

Organization Position Status
Solectron Corporation Senior Director, Investor Relations Current

Organization Position Status
Solectron Corporation Strategic Marketing Director Current
Sigmaquest, Inc. Advisory Board Member Current
Rapt, Inc. Founder Former
The Black Pearl, Inc. Former
Timogen Systems, Inc. Former
National Semiconductor Corporation Former
Santa Clara University M.B.A. in Operations Research Former
San Jose State University B.S. degree in Industrial Management Former

Organization Position Status
Solectron Corporation General Manager Current

Organization Position Status
My-Esm Senior Director, Environmental Compliance Current
Solectron Corporation Current

Glenn Tamaru is vice president of operations for Aperto Networks and is responsible for guiding, directing and coordinating the external manufacturing and global operations of Aperto Networks. Glenn, who has 25 years of operations experience with several leading technology companies, including Ascend/Lucent, Bay Networks/Nortel and Solectron, was most recently vice president of operations at GoDigital Networks in Fremont, Calif. He received his BS in Finance and his MBA from California State University, Hayward.

Organization Position Status
Aperto Networks Vice President, Operations Current
Solectron Corporation Current
Godigital Networks Corporation Vice President of Operations Former
Fujitsu Limited Former
California State University Bs In Finance and Mba Former

John Osmer, a Menlo Park resident, was elected to the Board in November 2003. His focus as a board member has been on strengthening the financials of the district, increasing inter-government collaboration to improve efficiency, and promoting training for citizens on how to respond in emergency situations until help arrives. John is employed by Solectron Corporation, a global electronics manufacturing and services company. He is currently General Manager of a production operation in Milpitas, California. John has held a variety of manufacturing and supply chain related roles at Solectron and elsewhere. Earlier in his career, he worked in Washington, D.C. on the staffs of two members of the U.S. House of Representatives. He holds a BA in government and an MBA in materials and logistics management.

Organization Position Status
Solectron Corporation Current
Menlo Park Fire Director Current

Organization Position Status
Nxnw Theatre Founder Current
Solectron Corporation Senior Buyer Current

As Fernbacher Production's Technical Director, Luis handles all the details of making sure shows run smoothly. His expertise in video technology, audio engineering and computer interfacing, make him essential for all our major projects. Before joining Fernbacher Productions, he was staff coordinator and show manager for one of the largest audiovisual companies in Denver. His client list includes Sun Microsystems, EMC2, Sybase, BEA, USB, Indus, Solectron, OSIsoft, NASA, and Accenture. His true passion is hunting throughout the Rocky Mountains of Colorado.

Organization Position Status
Fernbacher Productions Technical Director Current
Solectron Corporation Current
National Aeronautics and Space Administration Current
Fernbacher Productions Show Manager Former
Fernbacher Productions Coordinator Former

Mr. C. Wesley M. Scott has served as a director of the Company since 2001. In May 2001, he was appointed a director of C-MAC Industries Inc., whose combination with the Company was completed in December 2001. From February 2000 until March 2001, Mr. Scott was Chief Corporate Officer of BCE Inc. From February 1999 until January 2000, Mr. Scott was Vice Chairman of Bell Canada. From July 1995 until January 1999, Mr. Scott was Executive Vice President (Corporate) and, from April 1997 until January 1999, also Chief Financial Officer, of Nortel Networks. Mr. Scott also serves as a director of CGI Group Inc. and certain subsidiary companies of Aviva plc.

Organization Position Status
Solectron Corporation Chairman Current
Solectron Corporation Board of Directors Former
CGI Group Inc. Board of Directors Former

Dr. Paul R. Low has served as a director of the Company since 1993. He is currently President of PRL Associates, a position he has held since 1992. Dr. Low worked for IBM from 1957 to 1992. During his tenure at IBM, Dr. Low held senior management and executive positions with successively increasing responsibility, including President, General Technology Division and Corporate Vice President; President of General Products Division; and General Manager, Technology Products business line. Dr. Low also served on IBM s corporate management board. Dr. Low also serves as a director of Veeco Instruments, Inc.

Organization Position Status
Solectron Corporation Chairman Current
Applied Materials, Inc. Board of Directors Current
Solectron Corporation Board of Directors Former
BlueShift Technologies, Inc. Board of Directors Current
Veeco Instruments, Inc. Board of Directors Current

Organization Position Status
Solectron Corporation Board of Directors Current
Convergent Technologies Inc. President Former
Unisys Corporation Former
Read-Rite Corporation Chairman of The Board of Directors Former
Stanford University M.S. Degree In Electrical Engineering Former

Daniel H. Schulman has served as a member of our Board of Directors since June 2009. He is the Chief Executive Officer and Director for Virgin Mobile USA, a wireless service provider. Mr. Schulman also served as the Chief Executive Officer of Priceline.com from June 1999 to May 2001. Prior to joining Priceline, Mr. Schulman served more than 18 years at AT&T. Mr. Schulman is a member of the Board of Directors of Symantec and the Chair of its Compensation Committee. Mr. Schulman also serves on the Board of Trustees of Rutgers University and Autism Speaks.

Organization Position Status
Solectron Corporation Board of Directors Current
Autism Speaks Board of Directors Current
Shinei International Pte, Ltd. Board of Directors Current

Organization Position Status
Anadarko Petroleum Corporation Chairperson Current
Solectron Corporation Board of Directors Current
Halliburton Company Director Current
Anadarko Petroleum Corporation Board of Directors Current
American Institute of Certified Public Accountants Board of Directors Current
Fluor Corporation Director Current
Amd Focus Choose Language Board of Directors Current
American Institute of Certified Public Accountants Member Current
Invensys Process Systems Chief Executive Officer Former
Seagull Energy Corporation Chief Executive Officer Former
Invensys Process Systems President Former
Solutions Consulting President Former
Seagull Energy Corporation President Former
Federal Reserve Bank of Dallas Chairman Former
Ocean Energy, Inc. Chairman of the Board Former
Bowling Green State University Bachelor of Science Degree Former

H. Raymond Bingham has served as a member of our Board of Directors since October 2005 and as Chairman of the Board since January 2008. Mr. Bingham served in a number of capacities with Cadence Design Systems, Inc., a supplier of electronic design automation software and services. He served Cadence as its Executive Chairman from May 2004 to July 2005, Director from November 1997 to April 2004, President and Chief Executive Officer from April 1999 to May 2004, and Executive Vice President and Chief Financial Officer from April 1993 to April 1999. Mr. Bingham also currently serves as a director of Freescale Semiconductor, Inc., KLA Tencor Corporation, and Oracle Corporation.

Organization Position Status
Solectron Corporation Board of Directors Current

Organization Position Status
Solectron Corporation Board of Directors Current
NYNEX Former

Mike McNamara has served as Flextronicsis Chief Executive Officer since January 2006, and has served as a member of the Board of Directors since October 2005. Mr. McNamara previously served as Chief Operating Officer from January 2002 to December 2005.

Organization Position Status
Solectron Corporation Member of The Board of Directors Current

Organization Position Status
Solectron Corporation Board of Directors Current

Organization Position Status
Solectron Corporation Board of Directors Current

Robert L. Edwards has served as a member of our Board of Directors since October 2008. Mr. Edwards, executive vice president and chief financial officer of Safeway Inc. was appointed to his current position in March 2004, and was previously executive vice president and chief financial officer of Maxtor Corporation. Prior to joining Maxtor, Mr. Edwards was an officer at Imation Corporation, a developer, manufacturer and supplier of magnetic and optical data storage media, where he held the position of senior vice president, chief financial officer and chief administrative officer.

Organization Position Status
Solectron Corporation Board of Directors Current

Organization Position Status
Trident Capital Advisory Director Current
Sage Group, Inc. Chairman Current
Avail Medical Products, Inc. Board of Directors Current
Invotronics Board of Directors Current
Trident Capital Board of Directors Current
WEDBUSH Board of Directors Current
Outsource Partners International, Inc. Board of Directors Current
Flextronics International Ltd. Board Member Current
Lhoist Group Board Member Current
Solectron Corporation Board of Directors Current
Bateman & Co President Former
Trident Capital Managing Director Former
Trident Capital Founder Former
Trident Capital Founding Partner Former
U.S. Department of Commerce Deputy Secretary Former
Commerce Corp. Board of Directors Former
Department of Commerce Board of Directors Former
Pepperdine University Doctorate Former
Trinity College Former

Organization Position Status
Solectron Corporation Board of Directors Current

Organization Position Status
The Mosaic Company Chair Current
Archimedes Model Board of Directors Current
Archimedes LLC Director Current
The Mosaic Company Board of Directors Current
Kaiser Permanente News Center Board of Directors Current
Solectron Corporation Board of Directors Current
Kaiser Foundation Health Plan, Inc. Board of Directors Current
Mead Corporation Chief Financial Officer Former
Mead Corporation Vice President Former
Mead Corporation Controller Former
Mead Corporation Treasurer Former
Washington State University Bachelor's Degree In Mathematics Former

Organization Position Status
Solectron Corporation Board of Directors Current
Shinei International Pte, Ltd. Board of Directors Current
Maxim Integrated Products, Inc. Board of Directors Current

Executive News

  • CSA Medical CryoSpray Ablation System to be Manufactured and Distributed from Solectron Charlotte

    Business Wire - 5/07/07 - View Story

  • Solectron Expands Relationship with Kronos(R) to Manage Global

    Business Wire via MSN Money - 3/19/07 - View Story

  • Solectron Expands Relationship with Kronos(R) to Manage Global Workforce

    Business Wire - 3/19/07 - View Story

  • Is Your Supply Base Changing Without You?

    Medical Design Technology - 2/08/07 - View Story

  • Solectron Forges Medical Alliance Program

    Business Wire - 2/07/07 - View Story

  • Solectron's Milpitas Plant Receives ISO 13485:2003 Medical Certification

    Business Wire - 1/30/07 - View Story

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