BNET Industries

Solectron Corp.

is in the Technology Industry

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. ...

President and Chief Executive OfficerMichael R. Cannon
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

  • Solectron EMS Q4 Net Profit Dips

    6/07/09 - Financial Announcement - View Story

News & Analysis

solectron corp. - All News and Analysis

Decision Makers

Name (plus bio) Position
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
Craig London Executive Vice President, Solectron Global Services
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
Dave Busch Strategic Marketing Director
Ray Artsdalen General Manager
Leanne Pounds Senior Buyer
Rich D'Amore Director

Board of Directors

Name (plus bio) Position
C. Wesley M. Scott Chairman
Dr. Paul R. Low Chairman
Cyril Yansouni Board of Directors
H. Paulett Eberhart Board of Directors
Heinz Fridrich Board of Directors
Paulett Eberhart Board of Directors
Richard A. D. Amore Board of Directors
William R. Graber Board of Directors

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, 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
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 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
Nxnw Theatre Founder Current
Solectron Corporation Senior Buyer Current

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
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
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
Organization Position Status
Invensys Process Systems Chief Executive Officer Current
Invensys Process Systems President Current
Federal Reserve Bank of Dallas Chairman Current
Anadarko Petroleum Corporation Chairperson Current
Solectron Corporation Board of Directors Current
Amd Focus Choose Language Board of Directors Current
Anadarko Petroleum Corporation Board of Directors Current
American Institute of Certified Public Accountants Board of Directors Current
Halliburton Company Director Current
Fluor Corporation Director Current
American Institute of Certified Public Accountants Member Current
Seagull Energy Corporation Chief Executive Officer Former
Solutions Consulting President Former
Seagull Energy Corporation President Former
Ocean Energy, Inc. Chairman of the Board Former
Bowling Green State University Bachelor of Science Degree Former
Organization Position Status
Solectron Corporation Board of Directors Current
NYNEX Former
Organization Position Status
Solectron Corporation Board of Directors Current
Organization Position Status
North Bridge Venture Partners Founder Current
North Bridge Venture Partners General Partner Current
Aushon Biosystems, Inc. Managing Partner at North Bridge Current
Convoq, Inc. Current
Clarix Ivrs and Edc Director Current
Veeco Instruments, Inc. Director Current
Worldvideoconferencing.Com Board of Directors Current
Pragmatech Software, Inc. Board of Directors Current
Chen Pr, Inc. Director Current
Cambridge Bio Collabrative Inc. Director Current
Recherche Clinique Director Current
Bio-IT World, Inc. Director Current
Phase Forward Incorporated Director Current
Whitman Consulting Group, Inc. Director Current
Solectron Corporation Director Current
Arthur Young, Inc. Accountant Former
Bain & Company consultant Former
Bain & Company Consultant Former
Dassault Systemes Former
Solidworks Corporation Former
Centra Software, Inc. Former
Northeastern University Graduate Former
Harvard University Baker Scholar Former
Harvard Business School Graduate 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
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