BNET Industries

White Electronic Designs Corp.

(WEDC) is in the Technology Industry

Market Cap:$100.6M
Last Fiscal Year Sales:$56.3M
  • Public
  • US
Dow Jones Description

We are a defense electronics manufacturer and supplier that designs, develops and manufactures innovative electronic components and systems for inclusion in high technology products for the defense and aerospace markets. Our defense electronic solutions include advanced semiconductor and state of the art multi-chip packaged components, circuit card assemblies and electromechanical assemblies, as well as our proprietary process for applying anti-tamper protection to mission critical semiconductor components. Our customers, which include military prime contractors and the contract manufacturers who work for them in the United States, Europe and Asia, outsource many of their defense electronic components and systems to us as a result of the combination of our design, development and manufacturing expertise. We are an Indiana corporation, originally incorporated in 1951 as Bowmar Instrument Corporation (Bowmar). On October 26, 1998, Bowmar merged with Electronic Designs, Inc. (EDI). In connection with the merger, Bowmar changed its name to White Electronic Designs Corporation. The merger provided us with a diversified platform to expand our product offerings within both the military and commercial markets. Two additional acquisitions followed the EDI merger in an effort to expand our commercial electronics product offerings. Panelview, Inc. (Panelview), a designer and manufacturer of enhanced commercial flat panel display products, was acquired in 2001. ...

Chairman and Chief Executive OfficerHamid R. Shokrgozar
Number of Employees 223
Contact Information

3601 E University Dr

Phoenix, Arizona 85034-7254

www.whiteedc.co...

(602) 437-1520

NAICS Code Semiconductor and Related Device Manufacturing: 334413

Recent Events

  • Avnet Electronics Marketing and White Electronic Designs Ink Distribution Pact

    6/23/09 - Joint Venture / Alliance - View Story

  • White Electronic Designs WEDC Completes Strategic Alternative Process: to Remain as Stand-Alone Entity; Chairman Retires,...

    6/17/09 - Board Member - Entering - View Story

  • White Electronic Designs turns slight profit, sees increased revenue

    5/13/09 - Financial Announcement - View Story

  • White Electronic Designs Corporation Reports First Quarter Fiscal 2009 Financial Results

    2/11/09 - Mgmt. Change Entering - Director - View Story

  • Stockwire.com: White Electronic Designs Corporation (Nasdaq: WEDC) just released some important news.

    2/13/09 - Financial Announcement - View Story

  • White Electronic Designs and Shareholder Group Reach Agreement

    2/04/09 - Joint Venture / Alliance - View Story

News & Analysis

white electronic designs corp. - All News and Analysis

Additional Resources

Decision Makers

Name (plus bio) Position
James S Cogswell First Chief
Jim Kritcher CIO
Roger A. Derse Chief Financial Officer
Dante V. Tarantine Executive Vice President, Strategic Dev
B.J. Heggli Vice President, Engineering & Business Dev, Microelectronics
Bev Cameron Vice President, Operations, Microelectronics
Dan Doyle Vice President,Business Development, Display Systems
Dan Wyss Vice President, Plant Manager, Fort Wayne
David Slobodin Vice President & General Manager, Display Systems
Jeff Eidinger Vice President, Supply Chain Management, Microelectronics
Karen Kock Vice President, Corporate Human Resources
Wayne Parkinson Vice President of Business Development
Jack A. Henry Managing Director of Sierra Blanca Ventures
Paul Quadros Managing Partner, Tenex Greenhouse Ventures
Eric Tzeng Director, Asia Operations
Jim Hajimomen Director, Corporate, Quality Assurance
Marlene Maat Director, Quality Assurance
Aaron Olsen Operations Manager, Interface Electronics
Dan V Tarantine Executive Vice President of Sales and Marketing and Member of The Interim Office of The President

Board of Directors

Name (plus bio) Position
Hamid R. Shokrgozar Chairman and Chief Executive Officer
Thomas M. Reahard Chairman & CEO, Symmetry Software Corporation, Wedc Lead Director
Edward A. White Chairman of the Board
Thomas Toy Board Director
Brian R. Kahn Board of Directors
Melvin L. Keating Board of Directors
Organization Position Status
White Electronic Designs Display Systems Div. CEO Current
White Electronic Designs Corporation Chairman and Chief Executive Officer Current
Bow Mar Chief Executive Officer Former
Bow Mar President Former
California State University Bachelor of Science Degree In Electrical Engineering Former
White Electronic Designs Corporation Board of Directors Former
Organization Position Status
Symmetry Software Chief Executive Officer Current
White Electronic Designs Corporation Chairman & CEO, Symmetry Software Corporation, Wedc Lead Director Current
Scottsdale Company Founder Current
Scottsdale.Com, LLC Founder Current
Arizona Technology Council Co-Founder Current
Symmetry Software Chairman Current
White Electronic Designs Corporation Director Current
Corporate Governance Board of Directors Current
Corporate Governance Member Current
University of Missouri Master of Science Degree In Industrial Engineering Former
University of Missouri Degree In Industrial Engineering Former
Organization Position Status
White Electronic Designs Corporation First Chief Current
Organization Position Status
White Electronic Designs Corporation CIO Current
White Electronic Designs Corporation Board of Directors Current
White Electronic Designs Corporation Vice President, Corp IT Former
White Electronic Designs Corporation Director, Corporate Information Technology Former
Grand Valley State University Former

Roger A. Derse has been our Vice President and Chief Financial Officer since March 2004. Mr. Derse has over 25 years of finance and accounting experience. He previously served as Consultant/ Acting CFO for Vitron Manufacturing from 2002 through February 2004 and was Executive Vice President and Chief Operating and Financial Officer for Nanonics Corporation from 1998 to 2001. He was Chief Financial Officer for the White Microelectronics Division of Bowmar Instrument Corporation from 1993 to 1997. Mr. Derse holds a Bachelors of Science in Industrial Engineering from the University of Michigan, a Masters in Accounting from the University of Arizona and is a Certified Public Accountant.

Organization Position Status
White Electronic Designs Corporation Chief Financial Officer Current
White Electronic Designs Corporation Board of Directors Current
Vitron Manufacturing Acting Cfo Former
Vitron Manufacturing Consultant Former
The University of Arizona Masters In Accounting Former
University of Michigan Bachelors of Science In Industrial Engineering Former
Organization Position Status
White Electronic Designs Corporation Executive Vice President, Strategic Dev Current
California State University Bachelors of Science In Electrical Engineering Former
Organization Position Status
White Electronic Designs Corporation Vice President, Engineering & Business Dev, Microelectronics Current
Organization Position Status
White Electronic Designs Corporation Vice President, Operations, Microelectronics Current
White Electronic Designs Corporation Plant Manager Current
Organization Position Status
White Electronic Designs Corporation Vice President,Business Development, Display Systems Current

Mr. Wyss was born and raised in Fort Wayne, Indiana. He graduated from the University of Wisconsin with BSEE degree in 1985 and was hired by Bowmar Technologies as a Production Engineer. From 1988 to 2002, Mr. Wyss was served as a Project Engineer, Design Manager, and an Engineering Manager. In 2002, he was promoted to his current position as the Plant Manager of our Electromechanical Products division.

Organization Position Status
White Electronic Designs Corporation Vice President, Plant Manager, Fort Wayne Current
University of Wisconsin Bsee Degree Former
Organization Position Status
White Electronic Designs Corporation Vice President & General Manager, Display Systems Current
Princeton University Ph.D. Former
Organization Position Status
White Electronic Designs Corporation Vice President, Supply Chain Management, Microelectronics Current
Organization Position Status
White Electronic Designs Corporation Vice President, Corporate Human Resources Current
Society for Human Resource Management Board of Directors Current
Society for Human Resource Management Member Current
Organization Position Status
White Electronic Designs Corporation Vice President of Business Development Current

Array

Organization Position Status
White Electronic Designs Corporation Managing Director of Sierra Blanca Ventures Current
Vistacare Hospice Foundation Managing Partner for the Arizona Current
White Electronic Designs Corporation Chairman Current
American Ag Credit Board of Directors Current
White Electronic Designs Corporation Board of Directors Current
Vistacare Hospice Foundation Director Current
VistaCare, Inc. Board of Directors Current
Vodavi Communications Systems Inc. Board of Directors Former
Simula, Inc. Board of Directors Former
Sos Staffing Services, Inc. Board of Directors Former
University of Michigan MBA Former
University of Michigan Bachelor of Business Administration Degree Former
Organization Position Status
Via Pharmaceuticals, Inc. Co-Founder Current
Theracyte, Inc. Founder Current
Novostent Chairman of the Board, Managing Partner, Tenex Greenhouse Ventures Former
White Electronic Designs Corporation Managing Partner, Tenex Greenhouse Ventures Current
Tenex Greenhouse Ventures Managing Partner Current
Theracyte, Inc. Developer Current
White Electronic Designs Corporation Chairman of the Compensation Committee Current
Artielle Immunotherapeutics, Inc Board of Directors Current
Novostent Board of Directors Current
White Electronic Designs Corporation Director Current
Theregen, Inc. Chief Executive Officer Current
Technology Funding General Partner Former
Technology Funding Director of Equity Investments Former
Endocare, Inc. Advisor Former
Neovision, Inc. Consultant Former
Cardiac Science Corporation Chairman Former
Via Pharmaceuticals, Inc. Chairman of the Board Former
Neovision, Inc. Director Former
UCLA Anderson School of Management MBA Former
Anderson School of Management MBA Degree Former
California State University BA Degree In Finance Former
Organization Position Status
White Electronic Designs Corporation Director, Asia Operations Current
Co-Operations Inc Director Current
White Electronic Designs Corporation Board of Directors Current
Organization Position Status
White Electronic Designs Corporation Director, Corporate, Quality Assurance Current
Organization Position Status
White Electronic Designs Corporation Director, Quality Assurance Current
White Electronic Designs Corporation Director, Quality Assurance Former
Organization Position Status
White Electronic Designs Corporation Operations Manager, Interface Electronics Current
Organization Position Status
White Electronic Designs Corporation Chairman of the Board Current
Corporate Governance Board of Directors Current
White Electronic Designs Corporation Co-Chairman, Vice Chairman Former
White Electronic Designs Corporation Board of Directors Former
Tufts University Bachelor of Science Degree In Engineering Former
Organization Position Status
Pacrim Venture Partners Managing Director Current
SmartForest Ventures General Partner Current
UTStarcom, Inc. Lead Director Current
White Electronic Designs Corporation Board Director Current
White Electronic Designs Corporation Chairman Current
UTStarcom, Inc. Chairman of The Board Current
SmartForest Ventures Advisory Board Member Current
CafePress.com, Inc. Board Director Current
UTStarcom, Inc. Board of Directors Current
Solarfun Power Holdings Co., Ltd. Director Current
Technology Funding Vice President Former
Technology Funding Managing Director Former
Pacrim Venture Partners Co-founder Former
Technology Funding Partner Former
Technology Funding Chairperson, Investment committee Former
Northwestern University Master of Management Former
Northwestern University Bachelor of Arts Former
Northwestern University Degrees Former

Brian R. Kahn joined our Board in February 2009 and is a member of the Corporate Governance and Nominating, Compensation, and Strategic Alternatives Committees. He founded and has served as the investment manager of Caiman Partners L.P. ( Caiman ) and the managing member of the general partner of Caiman s general partner, Caiman Capital GP, L.P., since their inception in August 2003. He founded and has served as the investment manager of Kahn Capital Management, LLC ( KCM ) since 1998. Caiman and KCM focus on public and private market investments in consumer, manufacturing and defense industries. Mr. Kahn graduated cum laude and holds a Bachelor of Arts degree in Economics from Harvard University.

Organization Position Status
White Electronic Designs Corporation Board of Directors Current
Corporate Governance Board of Directors Current
Harvard University Bachelor of Arts Degree In Economics Former
Organization Position Status
Kitty Hawk Cargo, Inc. Chairman Current
Alliance Semiconductor Corp. Board of Directors Current
Aspect Medical Systems Inc. Board of Directors Current
White Electronic Designs Corporation Board of Directors Current
Kitty Hawk, Inc. Board of Directors Current
LCC International, Inc. Board of Directors Current
Sunbelt Management Company CEO Former
Sunbelt Management Company President Former
Quovadx, Inc. Chief Financial Officer Former
Quovadx, Inc. Executive Vice President Former
Kitty Hawk, Inc. Chair of Board Former
Quovadx, Inc. Treasurer Former
Tower Semiconductor Ltd. Board of Directors Former
Plymouth Rubber Company, Inc. Board of Directors Former
Wharton Graduate School of the University of Pennsylvania Masters Degrees Former
Rutgers University B.A. In History Former
Wharton Graduate School of the University of Pennsylvania Degree In Finance Former

Dante V. Tarantine is responsible for the strategic development activities for the corporation. He most recently served as our Corporate Executive Vice President, Sales and Marketing. Mr. Tarantine served as our Senior Vice President of Sales from August 1998 to January 2003. He previously served as our Senior Vice President Sales and Marketing from September 1991 to August 1998 and as Vice President of Marketing for White Microelectronics from February 1987 to September 1991. Mr. Tarantine holds a Bachelors of Science in Electrical Engineering from California State University, Northridge.

Organization Position Status
White Electronic Designs Corporation Executive Vice President of Sales and Marketing and Member of The Interim Office of The President Current
California State University Bachelors of Science In Electrical Engineering Former

Executive News

  • White Electronic Designs Corp. Q2 2009 Earnings Call Transcript

    Seeking Alpha - 5/14/09 - View Story

  • White Electronic Designs turns slight profit, sees increased revenue

    Biz Journals - 5/13/09 - View Story

  • White Electronic Designs Corporation Reports Second Quarter Fiscal 2009 Financial Results

    NewsBlaze - 5/13/09 - View Story

  • White Electronic Designs turns slight profit, sees increased revenue

    The Business Journal of Phoenix - 5/13/09 - View Story

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     WEDC $4.55 -0.13 (-2.78% )
Intraday | 3 Month | 6 Month | 1 Year
Average Volume 113,092
Shares Outstanding 22.92M
Market Cap 104.3M
Year High 5.25
Year Low 3
Earnings Per Share N/A
P/E Ratio -
Dividend N/A
Yield N/A
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