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- Intevac Expands Board of Directors with Appointment of Eiji Miyanaga
Intevac Expands Board of Directors with Appointment of Eiji Miyanaga
Slice of Manufacturing Team
August 28, 2024
Key Highlights:
Intevac appoints Eiji Miyanaga as an independent director.
Miyanaga brings extensive expertise in Asia-based electronics manufacturing.
Focus on expanding Intevac's market presence in Asia.
Source (Business Wire)
Notable Quotes:
“Intevac’s commitment to enhancing shareholder value is squarely focused on accessing new markets that represent significant growth potential for our unique value proposition.”
“This will require success in the Asia markets, and I look forward to making positive contributions to the relationships that will help shape the future growth trajectory of Intevac.”
“Eiji brings significant global leadership experience to the Intevac board, with an impressive history of success as a seasoned industry executive.”
Our Take:
Intevac's strategic decision to expand its Board of Directors with the addition of Eiji Miyanaga is a clear move to bolster its presence in Asia's electronics manufacturing markets. Miyanaga's extensive experience and deep understanding of the Asian electronics supply chain will be instrumental in driving Intevac's growth, particularly with the recent launch of their TRIO™ platform. This appointment reflects Intevac's ongoing commitment to enhancing shareholder value by expanding into new, high-potential markets, aligning with the company's vision of combining materials science with manufacturing agility.