FARIBA DANESH - Corporate Board Profile

AEHR TEST SYSTEMS

Filing Date	Source Excerpt
2021-09-24	Fariba Danesh has been a director of the Company since May 2021. Ms. Danesh is currently Chief Operating Officer at PsiQuantum. The Compensation Committee of the Board currently consists of directors Danesh, Oliphant and Slayen. The Compensation Committee Chair is Laura Oliphant. The Compensation Committee held two meetings during fiscal year 2021. Fariba Danesh was appointed to the Board of Directors on May 10, 2021. Ms. Danesh was appointed to the Compensation Committee, but was not a member for fiscal year 2021, notwithstanding her signature on the report of the Compensation Committee contained herein. The following table sets forth the compensation paid by the Company during the fiscal year ended May 31, 2021 to the Company’s directors other than Mr. Erickson: Fariba Danesh 2021 Total $22,103.
2022-09-23	Fariba Danesh has been a director of the Company since May 2021. Ms. Danesh is currently Chief Operating Officer at PsiQuantum, a quantum computing startup based in Palo Alto, California that is using silicon photonics to build the world’s first useful quantum computer, applying existing semiconductor and photonics manufacturing processes. Prior to joining PsiQuantum in January 2021, Ms. Danesh served for nine years as Chief Executive Officer of Glo AB, a venture-funded photonics/compound semiconductor company that designs and develops microLEDs chips and panels suitable for high brightness display applications. Prior to that, she was SVP, General Manager Fiber Optics Products Division of Avago Technologies (now Broadcom) for three years, where she had complete P&L responsibility for a $400 million annual revenue photonics business. Prior to Avago, Ms. Danesh held executive positions as EVP of global operations at Maxtor Corp, COO of Finisar, and CEO of Genoa Corp. Ms. Danesh received a BS in Biochemistry from Santa Clara University. As a technology industry veteran, with 30 years of executive-level technology and operating leadership in multiple enterprise and consumer hardware markets, with special emphasis on semiconductor, photonics, telecommunications, and data storage, Ms. Danesh brings to the Board extensive knowledge, experience, and contacts in the compound semiconductor and optical semiconductor spaces. The Compensation Committee of the Board currently consists of directors Danesh, Oliphant and Slayen, each of whom is an independent member of the Board, as defined by the Nasdaq director independence standards, as well as applicable SEC rules, as currently in effect. The Compensation Committee Chair is Laura Oliphant. The Compensation Committee held three meetings during fiscal year 2022.
2023-09-13	Fariba Danesh (2) 65 Director 2021 ... Each other outside director received (1) an annual retainer of $40,000 paid in quarterly installments (2) $2,500 for each regular board meeting such member attended, and (3) $1,500 for each special telephonic board meeting such member attended. ... Committee members attending a committee meeting not held in conjunction with a regular board meeting received the following amounts: ... Compensation Committee chair - $2,500; other compensation committee members - $2,000; ... ... On July 14, 2022, outside directors Fariba Danesh, Laura Oliphant, Rhea Posedel, Mario Rosati, Geoffrey Scott and Howard Slayen were each granted an award of 5,000 RSUs which vested on October 18, 2022, and another award of 5,000 RSUs, each of which vested at the end of fiscal year 2023 upon the achievement of certain revenue goals in fiscal year 2023. ... The following table sets forth the compensation paid by the Company during the fiscal year ended May 31, 2023 to the Company’s outside directors: ... Fariba Danesh 2023 54,500 -- 120,000 -- -- 174,500
2024-09-11	Fariba Danesh (2)(3) 66 Director 2021... (2) Member of the Compensation Committee (3) Member of the Corporate Governance and Nominating Committee... The following table sets forth the compensation paid by the Company during the fiscal year ended May 31, 2024 to the Company’s outside directors: Fariba Danesh 2024 63,500 0 140,000 0 203,500.