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Board of Directors’ Background
WALTER S. CATLOW
Director since 1999
Age 66
Mr. Catlow
recently retired as Dean of the College of Business at Concordia
University. Mr. Catlow served as President of Ameritech Cellular
Services, a wireless communications service provider, from 1998 until
his retirement in 2000. Prior to that, Mr. Catlow served as Executive
Vice President of Ameritech and as President of Ameritech International,
Inc., where he directed Ameritech international investments and was
responsible for global acquisitions and alliances. The Board believes
Mr. Catlow’s experience in international business, his experience in the
wireless communications infrastructure industry and his experience as a
top level executive make him well qualified to serve as a director.
LAWRENCE J. CIANCIA
Director since 1990
Age 68
Mr. Ciancia has
been a partner in Corporate Development International, Inc., a corporate
search firm specializing in mergers, acquisitions and divestitures,
since 1998. Previously, Mr. Ciancia served as President of Uponor ETI, a
supplier of PVC pipe products, specialty chemicals and PVC compounds.
The Board believes Mr. Ciancia’s experience in international mergers and
acquisitions and his experience as a top level executive make him well
qualified to serve as a director.
THOMAS G. CODY
Director since 1998
Age 69
Mr. Cody is the
Lead Independent Director of the Board. He is the retired Vice Chairman
of Macy’s, Inc. (formerly known as Federated Department Stores, Inc.), a
nationwide department store retailer, serving from February 2003 through
March 2010. Prior to assuming that position, he served as Executive Vice
President, Legal and Human Resources of Federated Department Stores,
Inc. since 1992. Until May 2008, Mr. Cody was also a director of LCA
Vision, Inc. The Board believes that Mr. Cody’s extensive legal, tax,
human resources, and top level executive experience, garnered in service
of a major New York Stock Exchange listed corporation, as well as his
experience serving as a director of another company, make him well
qualified to serve as a director.
PATRICIA K. COLLAWN
Director since 2003
Age 52
Ms. Collawn is
President and Chief Executive Officer of PNM Resources, Inc., a
multi-state utilities corporation serving electricity and natural gas
customers. PNM Resources, Inc. is traded on the New York Stock Exchange
under the symbol PNM. Ms. Collawn has served in this capacity since
March 2009. In March of 2009 she was also made a director of PNM
Resources, Inc. Immediately prior to that, she was President and Chief
Operating Officer since August 2008 and Utilities President at PNM
Resources, Inc. from June 2007 to August 2008. Prior to that, Ms. Collawn
was President and Chief Executive Officer of Public Service Company of
Colorado, an Xcel Energy, Inc. subsidiary, from October 2005.
Previously, Ms. Collawn had served as President of Customer and Field
Operations of Xcel Energy from July 2003 and as President of the Retail
Services Group of Xcel Energy from March 2001. The Board believes that
Ms. Collawn’s experience as a sitting President and Chief Executive
Officer of a publicly traded corporation, as well as substantial
operations experience, make her well qualified to serve as a director.
ROGER R.
HEMMINGHAUS
Director since 2000
Age 74
Mr. Hemminghaus is
the retired Chairman and Chief Executive Officer of Ultramar Diamond
Shamrock Corporation, a corporation that refined and marketed petroleum
products on a retail and wholesale basis, serving from 1996 until 2000.
Mr. Hemminghaus is also a past Chairman of the Federal Reserve Bank of
Dallas. Mr. Hemminghaus currently serves as Lead Independent Director of
Tandy Brand Accessories, Inc. and as a director of the Southwest
Research Institute. Until May 2009, he was a director of Xcel Energy,
Inc. Mr. Hemminghaus has previously served as Chairman of CTS’ Board,
from July 2007 to May 2009, and Lead Independent Director, from May 2009
to May 2010. The Board believes that Mr. Hemminghaus’ experience as
Chief Executive Officer of a publicly traded corporation, experience in
leadership roles on CTS’ Board, and experience serving as a director of
other companies makes him well qualified to serve as a director.
MICHAEL A. HENNING
Director since 2000
Age 70
Mr. Henning is the
retired Deputy Chairman of Ernst & Young LLP, an independent accounting
firm, serving from 1999 to 2000. Mr. Henning served as Chief Executive
Officer of Ernst & Young International, Inc. from 1993 until 1999.
Mr. Henning also serves as a director of Omnicom Group, Inc., Landstar
System, Inc., and Black Diamond, Inc. (formerly Clarus Corporation).
Until October 2009, Mr. Henning was a director of Highlands Acquisition
Corporation. The Board believes that Mr. Henning’s substantial
international tax and accounting experience garnered through service
with one of the world’s preeminent accounting firms, and his experience
serving as a director of other companies, makes him well qualified to
serve as a director. Mr. Henning’s tax and accounting acumen also enable
his service as CTS’ Audit Committee financial expert.
GORDON
HUNTER
Director since 2011
Age 59
Mr. Hunter is the
Chairman, President and Chief Executive Officer of Littelfuse, Inc., a
global electronics company. Mr. Hunter has served as a director of
Littelfuse, Inc. since June 2002, and joined the company as Chief
Operating Officer in November 2003. He assumed the role of Chairman,
President and Chief Executive Officer of Littelfuse, Inc. on January 1,
2005. He is currently a member of the Board of Directors of Veeco
Instruments, Inc., and also serves on the Veeco Instruments, Inc.
Compensation Committee. Mr. Hunter also serves on the Council of
Advisors of Shure Incorporated. The Board believes that Mr. Hunter’s
experience as a sitting President and Chief Executive Officer of a
publicly traded corporation serving global markets, as well as
substantial experience in the electronics industry, make him very well
suited to serve as a director.
VINOD M. KHILNANI
Director since 2007
Age 58
Mr. Khilnani is Chairman of the Board
of Directors, President, and Chief Executive Officer of CTS. Mr. Khilnani
joined CTS in May 2001 as Senior Vice President and Chief Financial
Officer. In July 2007, he was elected President and appointed Chief
Executive Officer. He was appointed Chairman of the Board of Directors
in May of 2009. Mr. Khilnani also serves as a Director of Materion
Corporation and is a member of Materion Corporation’s Nominating and
Governance Committee and Compensation Committee. The Board believes that
Mr. Khilnani’s more than 30 years of leadership experience and acumen in
finance, strategy, mergers and acquisitions and operating roles based in
the United States and Europe, including 18 years at Cummins, Inc., as
well as extensive experience as a top executive at CTS, all make him
well qualified to serve as a director.
DIANA M.
MURPHY
Director since 2010
Age 54
Ms. Murphy is currently the Managing Director of Rocksolid
Holdings, LLC, a private equity firm, serving in that capacity since
January of 2007. From 1997 to that time, she
was a Managing Director at Chartwell Capital Management Company, a
private equity firm. She is also currently a Director of Landstar
System, Inc., Georgia Research Alliance Venture Fund, LLC, the Coastal
Bank of Georgia, Abeome Corporation, The Boys and Girls Club of
Southeast Georgia, the College of Coastal Georgia Foundation and other
privately held companies. The Board believes that Ms. Murphy’s
extensive experience in business management, strategic planning,
marketing, public relations, and experience on the boards of other
companies all make her well qualified to serve as a director.
ROBERT A. PROFUSEK
Director since 1998
Age 61
Mr. Profusek is
the Head of Mergers & Acquisitions for Jones Day, a global law firm
which he joined in 1975. Mr. Profusek also serves as the lead Director of
Valero Energy Corporation and is a member of the company's Compensation and
Nominating and Governance Committees. The Board believes that Mr. Profusek's
substantial experience in mergers and acquisitions, corporate
governance, and experience serving as a director of other companies make
him well qualified to serve as a director.
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