Edition:
United Kingdom

CPS Technologies Corp (CPSH.OQ)

CPSH.OQ on NASDAQ Stock Exchange Capital Market

1.00USD
16 Aug 2019
Change (% chg)

$0.03 (+2.84%)
Prev Close
$0.97
Open
$1.01
Day's High
$1.02
Day's Low
$1.00
Volume
339
Avg. Vol
3,281
52-wk High
$1.82
52-wk Low
$0.66

Summary

Name Age Since Current Position

Francis Hughes

68 2018 Chairman of the Board

Grant Bennett

64 1992 President, Chief Executive Officer, Treasurer, Director

Charles Griffith

2019 Chief Financial Officer

Thomas Breen

57 2016 Senior Vice President - Sales and Marketing

Thomas Culligan

67 2014 Independent Director

Daniel Snow

47 2008 Independent Director

Biographies

Name Description

Francis Hughes

Mr. Francis J. Hughes, Jr., serves as an Chairman of the Board of the Company. He has served as President of American Research and Development Corporation (“ARD”), a venture capital firm, since 1992. ARD owns 17% of the Company’s shares. Mr. Hughes joined ARD’s predecessor organization in 1982, and became Chief Operating Officer of that entity in 1990. Prior to joining ARD, Mr. Hughes was a consultant at The Boston Consulting Group, a Boston based management consulting firm. Mr. Hughes has co-founded and served as a General Partner of many venture capital funds. Throughout his career, Mr. Hughes has served in management roles, including chairman, CEO and CFO in non-financial companies, both public and private. Mr. Hughes has a S.B. and M.S. from the Massachusetts Institute of Technology and an M.B.A from the Harvard Business School.

Grant Bennett

Mr. Grant C. Bennett is President, Chief Executive Officer, Treasurer, Director of the Company. Mr. Bennett has held the positions of President, Chief Executive Officer and Treasurer of the Company, and has been a member of the Board, since September, 1992. Prior to that time, he served as Vice President of Business Development of the Company from November, 1985 to September, 1992. Before joining CPS, Mr. Bennett was a consultant at Bain & Company, a Boston-based management consulting firm. Mr. Bennett has a BA from the University of Utah and an MS from the Massachusetts Institute of Technology. Mr. Bennett’s qualifications for election to and service on the Board of Directors include his strategic, technical and leadership experience, his financial acumen, and his deep understanding of the Company’s products, clients, business and industry.

Charles Griffith

Mr. Charles K. Griffith Jr. is appointed as Chief Financial Officer of the Company, effective May 6, 2019. Mr. Griffith was most recently the CFO of SPRI Clinical Trials Global, LLC, a company managing clinical trials for the pharmaceutical industry with offices in the USA, Ukraine, Georgia and Russia. Prior to joining SPRI, Mr. Griffith was the Vice President-Finance at Vertex Distribution (previously known as Pawtucket Fasteners and Bell Fasteners), a Rhode Island-based, private-equity owned, $80 million manufacturer and distributor of corrosion resistant fasteners. He was at Vertex for 27 years. Mr. Griffith has an accounting degree from The College of William and Mary, and an MBA from Bryant University.

Thomas Breen

Mr. Thomas E. Breen is Senior Vice President - Sales and Marketing of the Company. Mr. Breen joins CPS having risen through the ranks of sales and marketing at world-class companies including BAE, L3, General Dynamics, United Technologies and Lockheed Martin. Most recently he led global sales for Headwall Photonics, a leading producer of spectral imaging instruments. Mr. Breen brings deep experience in commercial and defense markets, many of which are target markets for CPS. Mr. Breen's educational background includes BSEE and MBA degrees from Northeastern University.

Thomas Culligan

Mr. Thomas M. Culligan is an Independent Director of the Company. From 2001 until his retirement in December 2013, Mr. Culligan was a Senior Vice President of Raytheon Company and served as the Chairman and Chief Executive Officer of Raytheon International, Inc., an international aerospace and defense company. Prior to joining Raytheon in 2001, Mr. Culligan held senior positions with Honeywell International, Inc. (and its predecessor, Allied Signal, Inc.) and McDonnell Douglas Corp. Mr. Culligan earned his undergraduate and master’s degrees from Florida State University. He is a member of the Board of Advisors of M International, Inc., a leading provider of aftermarket support solutions for the global aerospace and defense industry, a member of the Board of Directors of Optics 1, Inc., a privately-held global leader in full-service, state-of-the-art design and production of electro-optical products, systems and sensors, and a member of the Foundation Board of Florida State University. Mr. Culligan also currently serves on the Board of Directors of Heico Corporation, a publicly-traded manufacturer of Federal Aviation Administration-approved jet engine and aircraft component replacement parts and electronic equipment for the aviation, defense, space, industrial, medical, telecommunications and electronics industries. He also serves on the Environmental, Health and Safety Committee of Heico’s Board of Directors.

Daniel Snow

Mr. Daniel C. Snow is an Independent Director of the Company. Dr. Snow has served as an associate professor at the Marriott School of Management at Brigham Young University since 2010, was a visiting professor at Oxford University for 2015, and has been a visiting professor at Dartmouth College’s Tuck School of Business since December, 2015. From 2004 to 2010, he served on the faculty of the Harvard Business School. His research focuses on technological innovation, specifically furthering the understanding of the complex interplay between old and new technologies. Dr. Snow previously worked for Ford Motor Company as a financial analyst and has served as a director of the Company since 2008. Dr. Snow holds a BA and MBA from Brigham Young University and a PhD from the University of California, Berkeley. Dr. Snow’s qualifications for election to and service on the Board of Directors include his business and management experience and his academic background and achievements. His experience as a financial analyst also enhances the ability and functioning of the Board and in particular the Audit Committee in discharging its responsibilities to assist the Board with overseeing management’s conduct of CPS’s financial reporting processes. .

Basic Compensation

Name Fiscal Year Total

Francis Hughes

--

Grant Bennett

178,542

Charles Griffith

--

Thomas Breen

--

Thomas Culligan

229,457

Daniel Snow

--
As Of  29 Dec 2018

Options Compensation