
Executive Team
Chief Executive Officer and President
Vice President, Chief Financial Officer and Treasurer
Daniel Wallace
Vice President and Corporate Controller
Joseph A. Hedal
General Counsel and Secretary
Bruce R. MacDonald
Vice President
Peter S. Rood
Vice President
Thomas J. Young
Vice President
Board of Directors
Roger W. Blethen
Chairman of the Board
Roger W. Blethen was elected a director of LTX Corporation in 1980 and was appointed chairman of the board in December 2001.
Blethen was chief executive officer of the LTX Corporation, a position he held from September 1996 to October 2005. Blethen was also a president of the company from 1994 to 1996 and a senior vice president of the company from 1985 until 1994. In addition, he was a founder of the company and has served in a number of other senior management positions with the company since its formation in 1976.
Chief Executive Officer and President
David G. Tacelli was elected a director of LTX Corporation in November 2005.
Tacelli was appointed chief executive officer and president of LTX Corporation in November 2005. Prior to that, he served as president and chief operating officer from 2002 to 2005 and executive vice president from 1999 to 2002. He was also chief financial officer and treasurer from 1998 to 2000 and vice president of operations from 1996 to 1998. He has held other leadership positions at the company in sales management, manufacturing and customers service. Prior to joining LTX in 1988, Tacelli was employed by Texas Instruments for seven years in various management positions. (Click here for more information on David Tacelli)
Mark S. Ain
Independent Director
Mark S. Ain was elected a director of LTX Corporation in September 2001.
Ain is a founder and executive chairman of the board of Kronos Incorporated. He held the position of chairman and chief executive officer of the company since its founding in 1977 to 2005. Ain was a consultant from 1974 to 1977, specifically in strategic planning, product development, market research, and organizational development. Prior to that, he was employed by Digital Equipment Corporation both in product development and as sales training director. Ain also serves as a director of Park Electromechanical Corporation and KVH Industries, Inc.
Stephen M. Jennings
Independent Director
Stephen M. Jennings was elected a director of LTX Corporation in September 1997.
Jennings has been a director of Monitor Company, a strategy consulting firm, since 1996. From 1992 to 1996, he was a consultant to that company. Jennings also serves as chairman of the board of Aspen Technology, Inc.
Roger J. Maggs
Independent Director
Roger J. Maggs was elected a director of LTX Corporation in June 1994.
Maggs is a partner and founder of Celtic House Venture Partners, a private investment firm. Previously, Maggs was a vice president of Alcan Aluminum Limited from 1986 until 1994.
Robert E. Moore
Independent Director
Robert E Moore was elected a director of LTX Corporation in April 1989.
Moore was acting president of Reliable Power Meters, Inc., which manufactures and sells power measurement instruments, from April 2002 when it was purchased by Fluke Corporation until June 2003. Since founding Reliable Power Meters, Inc. in 1992, Moore served as the company’s president and chairman of the board until its purchase in 2002. He was also a founder of Basic Measuring Instruments, Inc., which manufactures and sells power measurement instruments. Moore served as a director of that company from 1982 until 1990 and as a senior vice president responsible for marketing and sales from 1985 until 1990.
Samuel Rubinovitz
Independent Director
Samuel Rubinovitz was elected a director of LTX Corporation in September 1994 and served as chairman of the board from December 1997 to 2001.
Rubinovitz was an executive vice president of EG&G, Inc., responsible for the aerospace, optoelectronics and instrument product groups from 1989 until his retirement in 1994. He is also a director of Richardson Electronics, Ltd. and Kronos Incorporated.
Patrick J. Spratt
Independent Director
Patrick J. Spratt was elected a director of LTX Corporation in November 2005.
Spratt is currently chief financial officer of KVH Industries, Inc., a position he has held since 2002. From 2001 to 2002, Spratt served as an independent consultant, including service as the chief financial officer of FabCentric, Inc., a semiconductor manufacturing software provider. Spratt also served as a director and chief financial officer of NEGEN Access, Inc. from 2000 to 2001, and as chief financial officer and treasurer of BioReliance Corporation from 1998 to 2000. Spratt previously had a 25-year career at Digital Equipment Corporation, including terms of service in investor relations, business operations, and finance.
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