GARRETT E. PIERCE - Corporate Board Profile

KULICKE & SOFFA INDUSTRIES INC

Filing Date	Source Excerpt
2014-01-07	Mr. Pierce has served as Vice Chairman and Chief Financial Officer of Orbital Sciences Corporation. The board of directors has determined that Mr. Pierce is independent. He serves as Chair of the Audit Committee. Director compensation table shows Mr. Pierce received $71,000 in fees and $119,973 in stock awards for a total of $190,973 in fiscal 2013.
2014-12-19	Garrett E. Pierce Mr. Pierce has served as the Chairman of the Company’s board of directors since September 2014. Mr. Pierce has served as Vice Chairman and Chief Financial Officer of Orbital Sciences Corporation, a developer and manufacturer of small- and medium-class rockets and space systems for commercial, military and civil government customers since April 2002 and as a member of its board of directors since August 2000. Between August 2000 and April 2002, he was Executive Vice President and Chief Financial Officer of Orbital Sciences Corporation. From 1996 until August 2000, Mr. Pierce was Executive Vice President and Chief Financial Officer of Sensormatic Electronics Corp., a producer of electronic surveillance systems, and in July 1998 was also named its Chief Administrative Officer. Before that, Mr. Pierce was the Executive Vice President and Chief Financial Officer of California Microwave, Inc. He has also served as Chief Financial Officer, President and Chief Executive Officer of Materials Research Corporation which was acquired by Sony Corporation in 1989. From 1972 to 1980, Mr. Pierce held various management positions with The Signal Companies. The following table presents all compensation paid to the Company’s directors in fiscal 2014. Mr. Pierce $71,250 fees earned or paid in cash, $119,961 stock awards, total $191,211.
2016-01-04	During fiscal 2015, directors who are not officers of the Company received annual retainers of $50,000. The chairman of the board of directors also received an additional annual retainer of $50,000. The Chairmen of the Audit Committee, Management Development and Compensation Committee and Nominating and Governance Committee each received additional annual retainers of $25,000, $15,000 and $10,000 respectively. Members of the Audit Committee, Management Development and Compensation Committee and Nominating and Governance Committee received additional annual retainers of $11,250, $7,500 and $5,000 respectively. Board and committee members did not receive any fees for board or committee meetings held during fiscal 2015. Annual retainers were paid in four equal installments. The 2009 Equity Plan provides for the grant of common shares to each non-employee director upon initial election to the board of directors and on the first business day of each calendar quarter while serving on the board of directors. In fiscal 2015, each non-employee director was granted a number of common shares closest in value to $30,000 on the first business day of each calendar quarter while serving on the board of directors. The following table presents all compensation paid to the Company’s directors in fiscal 2015. Mr. Guilmart was not paid any additional compensation for serving as a director: Garrett E. Pierce $145,313 Fees Earned or Paid in Cash, $149,967 Stock Awards, Total $295,280.
2017-01-20	Mr. Pierce has served as the Chairman of the Company’s board of directors since September 2014. ... The board of directors has determined that directors Brian R. Bachman, Peter T. Kong, Chin Hu Lim, Gregory F. Milzcik, Garrett E. Pierce and Mui Sung Yeo are each “independent" ... Audit Committee met ten times during fiscal 2016. ... Audit Committee members are independent ... Gregory F. Milzcik, Brian R. Bachman, Garrett E. Pierce and Mui Sung Yeo qualify as “audit committee financial experts" ... Committees of the Board of Directors ... Audit Committee: Gregory F. Milzcik (Chair), Brian R. Bachman, Garrett E. Pierce, Mui Sung Yeo ... Nominating and Governance Committee: Brian R. Bachman (Chair), Peter T. Kong, Chin Hu Lim, Garrett E. Pierce ... Director Compensation for Fiscal 2016 ... Garrett E. Pierce Fees Earned or Paid in Cash $87,188, Stock Awards $89,975, Total $177,163.
2018-01-19	Garrett E. Pierce (73) ... Chairman of the Company’s board of directors since September 2014 ... Committee Members ... Audit Committee: Garrett E. Pierce ... Nominating and Governance Committee: Garrett E. Pierce ... DIRECTOR COMPENSATION FOR FISCAL 2017 ... Garrett E. Pierce Fees Earned or Paid in Cash $116,250 Stock Awards $124,958 Total $241,208.
2019-01-18	Garrett E. Pierce (74) Mr. Pierce has served as the Chairman of the Company’s board of directors since September 2014. The board of directors has determined that Garrett E. Pierce is independent. Committee memberships: Audit Committee. Director compensation total: $242,446.
2020-01-03	Garrett E. Pierce (75) ... Mr. Pierce has served as the Chairman of the Company’s board of directors since September 2014 ... Director Compensation for Fiscal 2019 ... Garrett E. Pierce $123,750 fees earned or paid in cash, $138,960 stock awards, total $262,710 ... Audit Committee member
2021-01-13	Garrett E. Pierce $121,250 Fees Earned or Paid in Cash, $147,947 Stock Awards, $269,197 Total * Mr. Pierce retired in September 2020 and amounts reported cover services through his retirement date. Committee membership: Audit Committee.