BNET Industries

Market Cap:$185.3M
Last Fiscal Year Sales:$890.2M
  • Public
  • US
Dow Jones Description

Powerwave Technologies, Inc. (NASDAQ: PWAV) is a global leader in end-to-end wireless coverage and capacity solutions for wireless communications networks. Offering cutting edge wireless infrastructure to address the demands of enterprise and commercial customers, Powerwave offers a comprehensive suite of solutions, including Antennas, Base Station Solutions and Coverage Solutions. Powerwave's product line supports all wireless network protocols and frequencies including Next Generation Networks in 4G technology such as WiMAX and LTE. Powerwave solutions, products and services also help wireless operators and OEMs reduce capital and operating expenses, speed rollout of services, improve coverage and capacity, and reduce environmental impact.

Chief Operating Officer
J. Marvin MaGee
Number of Employees 2,346
Contact Information

1801 E Saint Andrew Pl

Santa Ana, California 92705-5044

powerwave.com

(714) 466-1000

NAICS Code Radio and Television Broadcasting and Wireless Communications Equipment Manufacturing: 334220

Recent Events

  • Powerwave Continues to Drive Innovation with New Crossband Combiner/Diplexer Featuring DC Auto-Sense Capabilities

    11/23/09 - Product Announcement - View Story

  • Powerwave Opens Facility In Thailand

    11/04/09 - Site Opening - View Story

  • Powerwave Technologies reports net income in Q3

    11/02/09 - Financial Announcement - View Story

  • Powerwave Technologies Announces Third Quarter Conference Call Information

    10/12/09 - Financial Announcement - View Story

  • Powerwave Introduces Mobile RF Site Solutions, Rapid Mobile Deployment Unit, Delivering Real-Time Communications Support For...

    8/19/09 - Product Announcement - View Story

  • Powerwave Technologies Reports Preliminary 2Q Results

    8/04/09 - Financial Announcement - View Story

  • Powerwave Technologies Reports Second Quarter Results

    7/30/09 - Financial Announcement - View Story

News & Analysis

powerwave technologies inc. and wimax - All News and Analysis

Decision Makers

Name (plus bio) Position
J. Marvin MaGee Chief Operating Officer
Kevin T. Michaels CFO & Secretary
Khurram P. Sheikh Chief Product and Development Officer
Basem Anshasi Vice President, Worldwide Sales
Bill Vassilakis Global Vice President, Research and Product Development
Dave Quinn Vice President, Wireless Solution Group
Gregory K. Gaines Vice President, Global Sales, Marketing
Tom Mawhinney General Partner
Marc C. Cohodes
Carl W. Neun Director
Eugene L. Goda Director
Gregory M. Avis Director

Board of Directors

Name (plus bio) Position
David L. George Board of Directors
John L. Clendenin Board of Directors
Ken Bradley Board of Directors
Mikael Gottschlich Board of Directors
Moiz M Beguwala Board of Directors
Ronald J. Buschur Board of Directors
Safi Qureshey Board of Directors

J. Marvin MaGee, 56, is presently Chief Operating Officer of Powerwave. Mr. MaGee joined the Company in May 2007 as Senior Vice President, Operations and became Chief Operating Officer in December 2007. Mr. MaGee was employed by Celestica, Inc., a Toronto-based contract manufacturing service provider from 1997 through 2006, and was Executive Vice President of the World Wide Operations from 2005 through 2006 and from 2000 through 2002. Between 2002 and 2005, Mr. MaGee was Chief Operating Officer and President for Celestica. Mr. MaGee also served as Celestica’s Senior Vice President of North American Operations between 1997 and 1999. Prior to joining Celestica, Mr. MaGee was employed by IBM for 18 years in various management roles in Canada and the United States.

Organization Position Status
Powerwave Technologies, Inc. Chief Operating Officer Current
Celestica, Inc. President Former
Celestica, Inc. Chief Operating Officer Former
Powerwave Technologies, Inc. Senior Vice President, Operations Former
Celestica, Inc. Senior Vice President of North American Operations Former

Kevin T. Michaels, 50, is presently Chief Financial Officer and Secretary of Powerwave. Mr. Michaels joined the Company in June 1996 as Vice President, Finance and Chief Financial Officer and was appointed Secretary in June 1996. Mr. Michaels was named Senior Vice President, Finance in February 2000. Prior to joining the Company, Mr. Michaels worked for AST Research, Inc. for eight years, most recently as Vice President, Treasurer from October 1995 to June 1996. From July 1991 to October 1995, Mr. Michaels was Treasurer of AST Research, Inc. and from June 1988 to June 1991, he was Assistant Treasurer.

Organization Position Status
Powerwave Technologies, Inc. CFO & Secretary Current
Powerwave Technologies, Inc. Secretary Current

Khurram P. Sheikh, 36, is presently Chief Product and Development Officer of Powerwave. Mr. Sheikh joined the company in August 2007 in his current capacity. Mr. Sheikh was employed by Time Warner Cable from August 2005 through August 2007, as Vice President, Wireless Strategy and Development. Between 2000 and 2005, Mr. Sheikh was Chief Technology Advisor, Senior Director, for various divisions within Sprint, including the Broadband Wireless Group, Mass Markets Business Group and the Technology Development group.

Organization Position Status
Powerwave Technologies, Inc. Chief Product and Development Officer Current
Powerwave Technologies, Inc. Chf. Prod.&Development Officer Former
Stanford University Degrees In Electrical Engineering Former

Basem Anshasi, 42, is presently the Vice President of Worldwide Sales of Powerwave and has held this position since December 2008. Mr. Anshasi joined the Company in July 2006 as Senior Director for Global OEM Sales, and was later named Vice President of Global OEM Sales in January 2007. Prior to joining Powerwave, Mr. Anshasi was employed by ADC Telecommunications, Inc. from January 1991 through July 2006, where he held several management positions in Sales, Engineering and Operations and was most recently Director of Sales, Wireless. Mr. Anshasi holds a Bachelor of Science Degree in Electrical Engineering from the University of Alabama, and a Master of Science Degree in Biomedical Engineering from the University of Alabama in Birmingham.

Organization Position Status
Powerwave Technologies, Inc. Vice President, Worldwide Sales Current
ADC Telecommunications, Inc. Former
The University of Alabama Master of Science Degree In Biomedical Engineering Former
The University of Alabama Bachelor of Science Degree In Electrical Engineering Former

Organization Position Status
Powerwave Technologies, Inc. Global Vice President, Research and Product Development Current

Organization Position Status
Powerwave Technologies, Inc. Vice President, Wireless Solution Group Current

Organization Position Status
Powerwave Technologies, Inc. Vice President, Global Sales, Marketing Current
Intel Corporation Former
Hewlett-Packard Company Former
Digital Equipment Corporation Former

Organization Position Status
HAHT Commerce, Inc. General Partner Current
Intelliquest, Inc. General Partner Current
Pediatrix Medical Group, Inc. General Partner Current
Notiva Corporation General Partner Current
Powerwave Technologies, Inc. General Partner Current
JAFCO Co., Ltd. General Partner Current
Jafco America Ventures, Inc. General Partner Current
Postpath, Inc Board of Directors Current
North Systems, Inc. President Former
Summit Partners NA Former
North Systems, Inc. co-founded Former
Canaan Partners NA Former
Jafco America Ventures, Inc. Operating Executive Former
Stanford Graduate School of Business MBA Former
Harvard College Bachelor of Arts Degree In Government Former

Organization Position Status
Powerwave Technologies, Inc. Current

Eugene L. Goda, 73, has been a member of Powerwave's Board of Directors since November 1995. From June 1997 to March 2000, Mr. Goda served as Chairman of the Board, President and Chief Executive Officer of Objectshare Inc., a software company. From October 1991 to October 1995, Mr. Goda served as Chief Executive Officer of Simulation Sciences, Inc., a software company. From July 1989 to September 1991, he served as Chief Executive Officer of Meridian Software Systems.

Organization Position Status
Powerwave Technologies, Inc. Chairman Current
Planar Systems, Inc. Chair Current
Clarity Visual Systems, Inc. Director Current
RadiSys Corporation Board of Directors Current
Planar Systems, Inc. Board of Directors Current
Conner Peripherals Chief Financial Officer Former
Tektronix, Inc. Chief Financial Officer Former
Conner Peripherals Senior Vice President of Administration Former
Tektronix, Inc. Senior Vice President Former
Evraz Oregon Steel Mills, Inc. Chair of Board Former
Evraz Oregon Steel Mills, Inc. Director Former
Wharton Graduate School of the University of Pennsylvania M.B.A. Former
Hamilton College B.A. Former

David L. George, 55, has been a member of Powerwave's Board of Directors since November 1995. Since August 2007, he has been President of Prime Radio Products, a manufacturer of commercial radio accessories for public safety equipment. From January 2005 to August 2007, he served as Executive Vice President Operations of the Land Mobile Division of Vertex Standard Inc., a company that designs, manufactures and sells communications equipment for commercial land mobile, amateur radio and general aviation applications. From April 2002 to June 2004, Mr. George served as Chief Operating Officer, Chief Technical Officer and President of the Wireless Communications Division of Bizcom U.S.A., Inc., a public company specializing in emergency management software solutions and wireless communications systems. Prior to joining Bizcom, Mr. George was in private practice providing consulting services to participants in the wireless industry. From June 2000 to June 2001, he was Executive Vice President of Operations for Securicor Wireless, Inc., a large mobile radio network provider. Mr. George was the co-founder and served as Executive Vice President and Chief Technical Officer of ComSpace Corporation, formerly known as Unique Technologies, International, L.L.C., a wireless technology development company from February 1994 to June 2000. From November 1983 to February 1994, Mr. George served as Vice President, Director of Operations, and Commercial Communications Division of Uniden America. A member of the Institute of Electrical and Electronic Engineers for more than 22 years, he holds several patents relating to wireless technology and networks.

Organization Position Status
Powerwave Technologies, Inc. Board of Directors Current
Institute of Electrical and Electronics Engineers, Inc. member Former

Eugene L. Goda, 73, has been a member of Powerwave's Board of Directors since November 1995. From June 1997 to March 2000, Mr. Goda served as Chairman of the Board, President and Chief Executive Officer of Objectshare Inc., a software company. From October 1991 to October 1995, Mr. Goda served as Chief Executive Officer of Simulation Sciences, Inc., a software company. From July 1989 to September 1991, he served as Chief Executive Officer of Meridian Software Systems.

Organization Position Status
Powerwave Technologies, Inc. Director Current

Age 45. Mr. Avis has been a director of IMPAC since February 1998. Mr. Avis is a Managing Partner of Summit Partners, L.P., a private equity and investment firm, where he has been employed since the firm s founding in 1984. Currently, Mr. Avis also serves as a director of Ditech Communications Corporation, a telecommunications equipment company and Powerwave Technologies, a developer and manufacturer of radio frequency power amplifiers for wireless communications applications. Mr. Avis holds an M.B.A. degree from Harvard Business School and a B.A. degree in Political Economy from Williams College.

Organization Position Status
Pathologyoutlines.Com, LLC Director of Impac Current
RightNow Technologies Inc. Thomas W. Kendra Executive Officers Current
Pathologyoutlines.Com, LLC Chairman Current
Powerwave Technologies, Inc. Director Current
Improved Packaging Consolidating Corp. Director Current
National Outdoor Leadership School Board of Directors Current
Williams College Board of Directors Current
The James Irvine Foundation Board of Directors Current
Ditech Networks Inc. Board of Directors Current
RightNow Technologies Inc. Board of Directors Current
Ditech Communications Corporation Board of Directors Former
Globe Wireless Inc. Investor Former
Powerwave Technologies, Inc. Investor Former
Vertical Communications, Inc. Investor Former
Impac Medical Systems, Inc. Investor Former
BD Biosciences Clontech Investor Former
RightNow Technologies Inc. Investor Former
Harvard Business School M.B.A. Degree Former
Harvard University B.A. Degree Former
Williams College B.A. Degree In Political Economy Former
Summit Accelerator Fund member Former

John L. Clendenin, 73, was Lead Director from February 2005 to October 2007. Mr. Clendenin was non-executive Chairman of the Board of Directors of Powerwave from January 3, 1999 to February 2005 and has been a member of the Board of Directors since May 1998. Mr. Clendenin is a Chairman Emeritus of BellSouth Corporation, a telecommunications holding company. He served as Chairman of the Board of BellSouth until December 31, 1997 and as President and Chief Executive Officer from 1984 until his retirement at the end of 1996. Prior to BellSouth, Mr. Clendenin was President of Southern Bell from April 1981 to December 1983. He also serves on the Board of Directors of Equifax Inc., Acuity Brands, Inc., The Kroger Company and The Home Depot, Inc.

Organization Position Status
Acuity Brands, Inc. Board of Directors Current
The Kroger Co. Board of Directors Current
Powerwave Technologies, Inc. Board of Directors Current
Southern Bell President Former
Powerwave Technologies, Inc. Lead Director Former
Powerwave Technologies, Inc. Non-Executive Chairman of The Board of Directors Former
BellSouth Corporation Chairman Former
Coca-Cola Enterprises Inc. Board of Directors Former
The Home Depot, Inc. Board of Directors Former

Organization Position Status
Microware Systems Corporation Current
Muanalysis, Inc Board of Directors Current
Powerwave Technologies, Inc. Board of Directors Current
Synqor Inc. Board of Directors Current
Management Consulting Incorporated Director Current
Street Online Services, Inc. Board of Directors Current
RadiSys Corporation Board of Directors Current
Street Online Services, Inc. Committee Member Current
RadiSys Corporation Member Current
Coresim Chief Executive Officer Former
Lytica Inc President and CEO Former
RadiSys Corporation CEO Former
Nortel Chief Procurement Officer Former
Manugistics Group, Inc. Director of Eircom Group Former
American Microsystems, Inc. Former
Bell Northern Research Former
Nortel Networks Corporation Former
Lightbridge, Inc. Chairman of the Board Former
Adexa Inc. Director Former
Corrent Corporation Director Former

Organization Position Status
Powerwave Technologies, Inc. Board of Directors Current

Moiz M. Beguwala has served as one of SiRF's directors since September 2000. Since March 2004, Dr. Beguwala has been an independent consultant. From December 2002 to June 2003, Dr. Beguwala served as SiRF's acting Chief Executive Officer. From January 1999 to February 2004, Dr. Beguwala served as Senior Vice President and General Manager Wireless Communications of Conexant and most recently as a Senior Vice President of Conexant. From 1973 to December 1998, Dr. Beguwala held various positions at Rockwell Semiconductor Systems, Inc. Dr. Beguwala is a director of Skyworks Solutions, Inc., a publicly traded company. Dr. Beguwala holds a B.S. in electrical engineering from the University of California, Los Angeles, an M.S. and a Ph.D. in electrical engineering from the University of Southern California and an executive M.B.A. degree from the Anderson School of Management at the University of California, Los Angeles.

Organization Position Status
SiRF Technology Inc. Board of Directors Current
Rf Magic, Inc. Director Current
Skyworks Solutions, Inc. Director Current
Powerwave Technologies, Inc. Board of Directors Current
SiRF Technology Inc. Acting Chief Executive Officer Former
Entropic Communications, Inc. CTO Former
Conexant Systems, Inc. Senior Vice President Former
Rockwell International Corporation Vice President Former
Wireless Communications Inc. Vice President Former
Conexant Systems, Inc. General Manager Former
Rockwell International Corporation General Manager Former
Wireless Communications Inc. General Manager Former
SiRF Technology Inc. Independent Consultant Former
Conexant Systems, Inc. Executive Employee Former
ArvinMeritor, Inc. Former
University of Southern California Ph.D. in Electrical Engineering Former
University of California, Berkeley Ph.D. in Electrical Engineering Former
Anderson School of Management M.S. Former
University of California, Los Angeles B.S. In Electrical Engineering Former
Technion-Israel Institute of Technology BS and MS degrees in Electrical Engineering Former
Anderson School of Management B.A. Degree Former

Ronald J. Buschur, 45, became Chief Executive Officer of Powerwave and a member of the Board of Directors in February 2005. Mr. Buschur joined the Company in June 2001 as Chief Operating Officer. In May 2004, Mr. Buschur became President of the Company. Prior to joining the Company, Mr. Buschur held various positions at HMT Technology/Komag, an independent supplier of thin-film disks, including President and Chief Operating Officer from 1999 to 2000, Vice President of Sales, Marketing and Quality Assurance from 1997 to 1999 and Vice President of Quality Assurance from 1994 to 1997. From 1993 to 1994, Mr. Buschur was Director of Quality at Maxtor, a disk drive company. Mr. Buschur held various managerial positions at Digital Equipment Corporation, a computer manufacturer from 1987 to 1993.

Organization Position Status
Powerwave Technologies, Inc. Board of Directors Current
Powerwave Technologies, Inc. Chief Executive Officer Former
Maxtor Corporation Director of Quality Former

Organization Position Status
SACOR3D, Incorporated Director Current
Powerwave Technologies, Inc. Board of Directors Current
Nexgenix, Inc. Board of Directors Current
NextCard, Inc. Board of Directors Current
SACOR3D, Incorporated Founder Former
SACOR3D, Incorporated Chairman Former

Executive News

  • Ditech Networks and Lamassu Holdings LLC Settle Proxy Contest

    Business Wire - 9/02/09 - View Story

  • Powerwave Wins INTERNET TELEPHONY`s 2009 WiMAX Distinction Award

    Reuters - 6/01/09 - View Story

  • Powerwave Wins INTERNET TELEPHONYs 2009 WiMAX Distinction Award

    Business Wire - 6/01/09 - View Story

  • Powerwave Garners TechAmerica High-Tech Innovation Award

    Business Wire - 5/18/09 - View Story

  • Powerwave Technologies Posts 1Q Results

    TradingMarkets - 5/09/09 - View Story

  • Powerwave Technologies Posts 1Q Results

    TMC Net - 5/09/09 - View Story

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     PWAV $1.33 -0.07 (-5.00% )
Average Volume 1,506,300
Shares Outstanding 132.36M
Market Cap 176.0M
Year High 1.79
Year Low 0.22
Earnings Per Share -2.43
P/E Ratio -0.55
Dividend N/A
Yield N/A
Glass Door

Powerwave Technologies

CEO Rating

Ronald J. Buschur

President, CEO, and Director

0% Approve

Employer Rating
“Very Satisfied!” 4.0 3.0
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