BNET Industries

Market Cap:$1.0B
Last Fiscal Year Sales:$1.8B
  • Public
  • US
Dow Jones Description

Plexus is unique within the Electronic Manufacturing Services (EMS) industry with more than 25 years experience in turning customer's concepts into world-class products through our unique set of value-added product realization solutions. These solutions include mechanical, electronic and software design, printed circuit board development, prototyping services, new product introduction, material procurement and supply chain management, printed circuit board and higher level assembly, test development, in-circuit and functional testing, final system box build, fulfillment, service, and repair. This range of capability provides for the seamless transition of products from one service offering to another, reducing time to market and total cost. Plexus supports a variety of market sectors including Wireline/Networking, Wireless Infrastructure, Medical, Industrial/Commercial, Defense/Security/Aerospace. Plexus has no proprietary products, but its product realization solutions have created complex, high-tech products for major technology companies and high-tech start-ups. Plexus is where ideas become reality.

President and CEO
Dean A. Foate
Number of Employees 7,900
Contact Information

55 Jewelers Park Dr

Neenah, Wisconsin 54956-3704

plexus.com

(920) 722-3451

NAICS Code Bare Printed Circuit Board Manufacturing: 334412

Recent Events

  • Ticonderoga Securities Maintains a 'Buy' on Plexus PLXS; Raises Estimates & PT

    10/29/09 - Bond / Stock Rating - View Story

  • Outlook roundup: Plexus, AmeriGas

    10/28/09 - Financial Announcement - View Story

  • Plexus Earnings Preview: Encouraging 4Q Guidance

    10/05/09 - Financial Announcement - View Story

  • Plexus projects rebound in fourth quarter

    7/30/09 - Financial Announcement - View Story

  • More

    7/05/09 - Joint Venture / Alliance - View Story

  • Plexus announces Coca-Cola manufacturing deal

    6/11/09 - Joint Venture / Alliance - View Story

  • Plexus Announces Manufacturing Agreement With The Coca-Cola Company [PR Newswire]

    6/10/09 - Joint Venture / Alliance - View Story

  • Plexus Awarded Development Contract With QIAGEN

    5/28/09 - Joint Venture / Alliance - View Story

News & Analysis

plexus - All News and Analysis

Decision Makers

Name (plus bio) Position
Dean A. Foate President and CEO
Bob Kronser Chief Technology & Stategy Officer
F. Gordon Bitter Chief Financial Officer.
George W.F. Setton Chief Treasury Officer
Ginger M. Jones Vice President, Chief Financial Officer
Gordon Bitter Chief Financial Officer
J. Robert Kronser Chief Technology and Strategy Officer
Paul Ehlers Plexus' Coo
Peter Kelly Chief Financial Officer and Executive Vice President, Agere Systems
Simon J. Painter Chief Accounting Officer.
Thomas J. Czajkowski Chief Information Officer
Mike Buseman Senior Vice President, Global Manufacturing Operations
Steve Frisch Senior Vice President, Global Engineering Services
Todd Kelsey Senior Vice President, Global Customer Services
Andy Hyatt Vice President
Angelo Ninivaggi Vice President, General Counsel and Secretary
David Clark Vice President
Joseph E. Mauthe Vice President, Corporate Human Resources
Mark Wolfgram Vice President, Sales & New Business Dev, North America
Michael T. Verstegen Vice President
Pamela Anderson Vice President, Commercial Market Sector
Scott Theune Vice President, Supply Chain Operations
David Lafferty Corporate Director of Information Technology
Jan K. VerHagen Director
Paul S. Atkinson Business Development Director
Steve Davis Site Director
Caroline McClurg
Charles Wimberly
David B. Christofferson
David Rubenking
Liz Arbinger Financial Analyst
Louis Primmer

Board of Directors

Name (plus bio) Position
David J. Drury Chair
John L. Nussbaum Chairman
Ralf R. Boer Chair
Charles M. Strother Board of Directors
Ernest Adzentoivich Board of Directors
Mary A. Winston Board of Directors
Michael V. Schrock Board of Directors
Rolf R. Boer Board of Directors
Stephen P. Cortinovis Board of Directors
Thomas J. Prosser Board of Directors

Mr. Foate was named chief executive officer in May 2002. Previously, Mr. Foate served as chief operating officer since March 2001 and has been a director of Plexus since March 2000. Mr. Foate joined the company in 1984 and has served in various key leadership roles in the engineering and new product introduction business units. Mr. Foate holds a BS in Electrical Engineering from the University of Wisconsin and a masters degree in Engineering Management from the Milwaukee School of Engineering.

Organization Position Status
Plexus Corp. President and CEO Current
Regal-Beloit Corporation Board of Directors Current
Plexus Corp. Director Current
Plexus Corp. Chief Operating Officer Former
Milwaukee School of Engineering Masters Degree In Engineering Management Former
University of Wisconsin BS In Electrical Engineering Former

Organization Position Status
Plexus Corp. Chief Technology & Stategy Officer Current
Plexus Corp. Executive Vice President Current
Plexus Corp. Marketing Executive Former
University of Wisconsin Former

Organization Position Status
Plexus Corp. Chief Financial Officer. Current
Plexus Corp. Senior Vice President Current

Mr. Setton joined Plexus in 2001 as corporate treasurer and chief treasury officer. Previously, from 2000 to 2001, Mr. Setton was a partner in Euram, Inc., a financial consulting firm, and from 1997 to 1999, Mr. Setton served as a group treasurer for Carr Futures, Inc. He previously held various positions at Square D/Groupe Schneider, including assistant treasurer of Schneider North America, trésorier adjoint of Groupe Schneider, and assistant treasurer of Square D Company. He has a BA and MA degree from the University of Wisconsin and an MBA from Columbia University.

Organization Position Status
Plexus Corp. Chief Treasury Officer Current
Eur-Am Partner Former
Carr Futures, Inc. Group Treasurer Former
Square D Co. Assistant Treasurer Former
Plexus Corp. Corporate Treasurer Former
Plexus Corp. Board of Directors Former
Carr Futures, Inc. Board of Directors Former
Columbia University MBA Former
University of Wisconsin MA Degree Former
University of Wisconsin BA Former

Ms. Jones joined Plexus in April 2007 as VP of Finance and was named Chief Financial Officer, in August 2007. Prior to joining Plexus Ms. Jones was Vice President, Corporate Controller for Banta Corporation, where she was responsible for financial planning and analysis, financial consolidation and reporting, SEC filings, the treasury function and other senior financial and accounting responsibilities. Ms. Jones earned a Bachelor of Science Degree in Accounting at the University of Utah and a Master's in Business Administration from Ohio State University.

Organization Position Status
Plexus Corp. Vice President, Chief Financial Officer Current
Banta Corporation Vice President Former
Banta Corporation Corporate Controller Former
The Ohio State University Master's In Business Administration Former
University of Utah Bachelor of Science Degree In Accounting Former

Organization Position Status
Plexus Corp. Chief Financial Officer Current
Isola Group, Inc Executive Vice President and Chief Financial Officer Current
Plexus Corp. Vice President Former
Wharton Graduate School of the University of Pennsylvania MBA Former
Bucknell University BS In Mathematics Former

J. Robert Kronser joined Plexus in 1981 serving in various engineering roles and has served as an Executive Vice President and Chief Technology and Strategy Officer since 2001. From 1999 to 2001, Mr. Kronser served as Vice President of Sales and Marketing.

Organization Position Status
Plexus Corp. Chief Technology and Strategy Officer Current
Plexus Corp. Executive Vice President and Ct&So Current
Plexus Corp. NA Former

Organization Position Status
Plexus Services Corp. President Current
Plexus Corp. Plexus' Coo Current
Plexus Corp. Manager Current
Plexus Corp. President, Plexus Electronic Assembly & Senior Vice President Former

Organization Position Status
Agere Systems Inc. Chief Financial Officer Current
Plexus Corp. Chief Financial Officer and Executive Vice President, Agere Systems Current
Plexus Corp. Board of Directors Current
The Baum School of Art Board Member Current
Agere Systems Inc. Executive Vice President Former
Texas Instruments Incorporated Former
University of Manchester Institute of Science and Technology Bachelors Degree Former

Organization Position Status
Plexus Corp. Chief Accounting Officer. Current
Plexus Corp. Corp Controller, Prin Accounting Off. Current

Organization Position Status
Plexus Corp. Chief Information Officer Current
Plexus Corp. Vice President Current
Deloitte Consulting Llp Senior Manager Former
The University of Texas MBA Former
The University of Texas at Austin MBA Former
University of Colorado BA In Finance Former

Mr. Buseman was named Senior Vice President, Global Manufacturing Operations in August 2007. Previously, Mr. Buseman has held various management roles in the Company's manufacturing organization. Mr. Buseman has more than 24 years of electronics industry experience. He holds an MBA from the University of St. Thomas, St. Paul, MN and a BS in Mechanical Engineering from South Dakota State University.

Organization Position Status
Plexus Corp. Senior Vice President, Global Manufacturing Operations Current
Celestica, Inc. Vice President Former
Celestica, Inc. General Manager Former
University of St. Thomas MBA Former
South Dakota State University BS In Mechanical Engineering Former

Mr. Frisch was named Senior Vice President, Global Engineering Services in August 2007. Previously, Mr. Frisch has held various management positions in the Company's engineering services organization. Mr. Frisch has more than 18 years of electronics industry experience. He holds an MS degree in Electrical Engineering from Marquette University and a BS degree in Electrical Engineering and Technology from the Milwaukee School of Engineering.

Organization Position Status
Plexus Corp. Senior Vice President, Global Engineering Services Current
Plexus Corp. Vice President Former
Milwaukee School of Engineering BS Degree In Electrical Engineering and Technology Former

Mr. Kelsey was named Sr. VP Global Customer Services in August 2007. Previously, Mr. Kelsey held various management positions in the Company's engineering services and manufacturing organizations. Mr. Kelsey has more than 19 years of electronics industry experience. He holds an MBA from the University of Wisconsin, Oshkosh, and MS and BS degrees in Electrical Engineering from the University of Wisconsin, Madison.

Organization Position Status
Plexus Corp. Senior Vice President, Global Customer Services Current
University of Wisconsin Oshkosh MBA Former

Organization Position Status
Plexus Corp. Vice President Current

Mr. Ninivaggi joined Plexus in 2002 and has served as Vice President, General Counsel and Secretary since August 30, 2006. Previously, Mr. Ninivaggi served as Plexus' Director of Legal Services. Prior to joining Plexus, Mr. Ninivaggi served as General Counsel of MCMS, Inc. and as the Associate General Counsel of Micron Electronics, Inc. Prior to joining Micron Electronics, Inc., Mr. Ninivaggi was an Associate at the law firm of Weil, Gotshal & Manges in its New York City office. He holds a Bachelor of Arts in Economics from Columbia University and a Juris Doctor and Masters in Business Administration from Fordham University.

Organization Position Status
Plexus Corp. Vice President, General Counsel and Secretary Current
Plexus Corp. Director of Legal Services Former
Fordham University Juris Doctor Former
Fordham University Masters In Business Administration Former
Columbia University Bachelor of Arts In Economics Former

Organization Position Status
Plexus Corp. Vice President Current
Plexus Corp. Director of Procurement Former

Mr. Mauthe joined Plexus in March 2007 as VP, Corporate Human Resources and was named VP, Global Human Resources in February 2008. Prior to joining Plexus, he was Senior Director of Human Resources for Kimberly-Clark Corporation. Mr. Mauthe has over 20 years of HR experience in a variety of roles with Kimberly-Clark. He holds a Bachelor of Science degree from St. Norbert College.

Organization Position Status
Plexus Corp. Vice President, Corporate Human Resources Current
Kimberly-Clark Corporation Senior Director of Human Resources Former

Organization Position Status
Plexus Corp. Vice President, Sales & New Business Dev, North America Current

Organization Position Status
Plexus Corp. Senior Vice President, Global Market Dev Former
Plexus Corp. President Former
Plexus Corp. Leadership Roles Former
Plexus Corp. Board of Directors Former
University of Wisconsin BS In Computer Science Former

Organization Position Status
Plexus Corp. Vice President, Commercial Market Sector Current

Organization Position Status
Plexus Corp. Vice President, Supply Chain Operations Current
Plexus Corp. Director, Manufacturing Process & Technology Former

Organization Position Status
Plexus Corp. Corporate Director of Information Technology Current
Itawi Board of Directors Current
DeVry Institute of Technology Bachelor's Degree In Computer Information Systems Former

Organization Position Status
Plexus Corp. Director Current
Plexus Corp. Director Former

Paul is a seasoned executive with over twenty-one years of experience in management, operations, marketing, business development, and sales for a wide variety of technology services and products. His business-growing experience includes using a variety of business models to bring more than twenty new high tech products and services to market. Atkinson's track record includes creating scalable sales and marketing structures and implementing them to create highly successful sales and marketing teams. His considerable resume includes companies ranging from pre-revenue startups, such as Confio Software, to multi-billion dollar public companies, such as Plexus Corp. Recently, Mr. Atkinson was VP of Sales & Marketing when Confio obtained its first customer, raised venture funding, and won the APEX award for 2003 CSIA Rookie of the year. While in the role of Business Development Director at Plexus, he created a profitable go-to-market strategy for a new engineering services division that grew from three to sixty people in eighteen months. He also served on the M&A team that grew the company from $360M to $1.2B in revenue. Mr. Atkinson is active in the startup community, serving on several startup advisory boards, and has a Bachelor of Science degree in Electronic Engineering with a minor in Technical Marketing from the University of Wisconsin.

Organization Position Status
Plexus Corp. Business Development Director Current
Inthedoor.Com Board of Directors Current
Confio Corporation Vice President of Sales & Marketing Former
University of Wisconsin Bachelor of Science Degree In Electronic Engineering Former

Organization Position Status
Plexus Corp. Site Director Current

Prior to joining Plexus, Ms. McClurg was Treasurer at Forest Oil Corporation. From 1989 to 2002, Ms. McClurg held positions in banking and investing at the First National Bank of Chicago, Great-West Life Assurance, Enron Capital and Trade, and U.S. Bank. She has worked on transactions that range from $5 million to $900 million. Deal structures include senior secured debt, volumetric production payments, drilling partnerships, senior bonds, land acquisition funds, and equity. Ms. McClurg earned a Bachelor of Science degree in Geology from the University of Arizona in 1983 and an MBA from Thunderbird, The Garvin School for International Management, in 1988. She has also completed advanced degree courses in Geology at the Colorado School of Mines.

Organization Position Status
Plexus Capital, LLC Partner Current
Forest Oil Corporation Treasurer Current
Plexus Corp. Current
First National Bank of Chicago Former
Forest Oil Corporation Treasurer Former
The University of Arizona Bachelor of Science Degree In Geology Former

Organization Position Status
Plexus Corp. Current
Iie Seminars Current

Mr. Christofferson has over twenty-five years of executive level experience primarily focused upon capital formation and financial and legal management in the upstream energy industry. Prior to joining Plexus in 2007 he was CFO for Venoco, Inc. (NYSE:VQ) where he was instrumental in the company's IPO and arranged public and private debt financings of up to $500 million. He also formed and led Venoco's Sarbanes-Oxley team. Mr. Christofferson possesses proven abilities in the areas of capital formation, transaction structuring, negotiation and documentation, risk and financial management and analysis. His experience includes capital formation in the form of private and public equity, private and public debt, mezzanine capital and end user financing. In addition he has negotiated and implemented an array of M&A transactions in both the private and public sectors. Mr. Christofferson is proficient in diverse areas of corporate law including securities, business transactions and corporate governance. Mr. Christofferson earned a B.B.A. degree in 1971 and a J.D. degree in 1974 from Oklahoma University. He also earned an M.Div.degree grant ed magna cum laude from Phillips Theological Seminary in Tulsa. He has been admitted to practice law in federal and state court in Oklahoma.

Organization Position Status
Plexus Capital, LLC Partner Current
Plexus Corp. Current
Venoco Inc. Cfo Former
The University of Oklahoma J.D. degrees Former
Phillips University Master of Divinity degree Former

Array

Organization Position Status
Plexus Corp. Current
Indiana University Bachelor of Science Degree In Accounting Former

Liz Arbinger, a licensed Certified Public Accountant (CPA), and her husband Don joined LCU in 2001. Liz was a board member from 2004 to 2007, then took a break due to other commitments. She is now a Financial Analyst at Plexus and is close to completing her MBA. Liz is pleased to again volunteer to share her experience in making Lakeview a great place to be a member.

Organization Position Status
Plexus Corp. Financial Analyst Current
Lakeview Credit Union Board Member Current

Lou has extensive experience in the Printed Circuit board service business stemming from a firm foundation of electro-mechanical design and PCB design layout in his earlier career. Having founded and managed several successful businesses over the past 30 years in this industry. Lou was a partner and founder in Alternate Circuit Design Technologies in 1985. He was a principal owner in Mosher Design Services 1995, a founder of e2E Corporation in 2000 and Co-founder in FCS in 2003. Through the transition (merges and acquisitions) of these companies Lou held positions in manufacturing companies associated with design at Praegizer Industries and Plexus Corporation as senior design manager where he developed a better understanding of DFM. Lou's current responsible at Freedom CAD Services, Inc. are business development, executive planning and financial stability of FCS.

Organization Position Status
Plexus Corp. Current
E2E Founder Former

Organization Position Status
Plexus Corp. Chair Current
Plexus Corp. Board of Directors Former

Mr. Nussbaum is a former executive officer of Plexus. He ceased being considered an executive officer or employee of Plexus when he retired as Chief Executive Officer on July 1, 2002. However, as a consequence of his many years of service as an executive officer of Plexus, he continues to be compensated under deferred compensation arrangements which were put in place during his service as an executive officer and as the non-executive Chairman of the Board.

Organization Position Status
Plexus Corp. Chairman Current
Plexus Corp. Executive Officer Former

Organization Position Status
Plexus Corp. Chair Current

Organization Position Status
Plexus Corp. Board of Directors Current

Organization Position Status
Ernest Adzentoivich Current
Plexus Corp. Board of Directors Current
Plexus Corp. Member Current
Wally's café Inc. Former

Organization Position Status
Plexus Corp. Board of Directors Current

Organization Position Status
Plexus Corp. Board of Directors Current
Plexus Corp. President and Chief Operating Officer, Pentair, Inc. Former

Organization Position Status
Plexus Corp. Board of Directors Current

Organization Position Status
The Cypress Group LLC Senior Advisor Current
Insituform Technologies, Inc. Board of Directors Current
Plexus Corp. Board of Directors Current
Emerson Electric Co. President Â?? Europe Former
Emerson Electric Co. Vice President International Former
Plexus Corp. Chair Former

Organization Position Status
Plexus Corp. Board of Directors Current

Executive News

  • Plexus Awarded Development Contract With QIAGEN

    TradingMarkets - 5/28/09 - View Story

  • Plexus Awarded Development Contract With QIAGEN

    Street Insider - 5/28/09 - View Story

  • Plexus to Hold Investor Day on June 11, 2009

    PR Newswire - 5/21/09 - View Story

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     PLXS $26.94 +0.07 (0.26% )
Average Volume 198,319
Shares Outstanding 39.48M
Market Cap 1.1B
Year High 27.97
Year Low 10.48
Earnings Per Share 1.17
P/E Ratio 23.03
Dividend N/A
Yield N/A
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