UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
FORM
8-K
CURRENT
REPORT
Pursuant
to Section 13 or 15(d)
of the
Securities Exchange Act of 1934
Date of
Report (Date of earliest event reported): June 3, 2008 (June 2,
2008)
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FORMFACTOR,
INC.
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(Exact
name of Registrant as specified in its charter)
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Delaware
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(State
or other jurisdiction of incorporation)
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000-50307
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13-3711155
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(Commission
File
Number)
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(IRS
Employer Identification No.)
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7005 Southfront
Road, Livermore, CA
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94551
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(Address of
principal executive offices)
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(Zip
Code)
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(925)
290-4000
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(Registrant’s
telephone number, including area code)
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Not
Applicable
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(Former
name or former address, if changed since last report)
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Check
the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the Registrant under any
of the following provisions (See General Instruction
A.2.):
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o
Written communications pursuant to Rule 425 under the Securities Act
(17 CFR 230.425)
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o
Soliciting material pursuant to Rule 14a-12 under the Exchange Act
(17 CFR 240.14a-12)
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o
Pre-commencement communications pursuant to Rule 14d-2(b) under the
Exchange Act (17 CFR 240.14d-2(b))
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o
Pre-commencement communications pursuant to Rule 13e-4(c) under the
Exchange Act (17 CFR 240.13e-4(c))
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Item 5.02. Departure
of Directors or Certain Officers; Election of Directors; Appointment of Certain
Officers; Compensatory Arrangements of Certain Officers.
On June 3,
2008, FormFactor, Inc. (“FormFactor”) announced that its board of directors has
appointed Mario Ruscev, currently president, as its next chief executive officer
(CEO). Dr. Ruscev will succeed Igor Y. Khandros, FormFactor’s
founder, who will become Executive Chairman of the FormFactor board of
directors. Dr. Khandros will succeed Jim Prestridge, 76, its current
non-executive chairman, who will continue on the FormFactor board of directors
and become its lead independent director. The changes will become
effective at the beginning of FormFactor’s fiscal third quarter of
2008.
Dr.
Ruscev, age 51, has served as president and a member of the board of directors
since joining FormFactor in January 2008. Dr. Ruscev served from April 2006 to
December 2007 as President of Testing Schlumberger Oilfield Services of
Schlumberger Limited, a services company supplying technology, project
management and information solutions for optimizing performance in the oil and
gas industry. He also held several other executive positions at Schlumberger
during his 23-year career with that company, including President of Schlumberger
Water and Carbon Services from April 2002 to March 2006, President of Wireline
Schlumberger Oilfield Services from January 2001 to March 2002 and President of
Geco-Prakla Schlumberger Oilfield Services from April 1999 to December 2000. Dr.
Ruscev received a Doctorate in nuclear physics from Université, Pierre et Marie
Curie in Paris, France and a Ph.D. in nuclear physics from Yale
University.
Item
9.01 Exhibits.
Exhibit
Number Exhibit Title or
Description
99.01 Press
Release dated June 3, 2008
SIGNATURE
Pursuant
to the requirements of the Securities Exchange Act of 1934, the Registrant has
duly caused this report to be signed on its behalf by the undersigned hereunto
duly authorized.
| FORMFACTOR, INC. | ||||
| Date: June 3, 2008 | ||||
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By: /s/ Stuart L.
Merkadeau
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Stuart
L. Merkadeau
Senior Vice
President,
General Counsel and
Secretary
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Exhibit 99.1
News
Release
Contacts:
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FormFactor,
Inc.
Michael
Magaro
Investor
Relations
(925)
290-4949
IR@FormFactor.com
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Investor
Relations
David
Viera
Corporate
Communications
(925)
290-4681
dviera@FormFactor.com
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FormFactor
Board Appoints Mario Ruscev FormFactor CEO
Current
CEO Igor Khandros to become FormFactor Executive Chairman
LIVERMORE, Calif. — June 3, 2008
— FormFactor, Inc. (Nasdaq: FORM) today announced that its board of
directors has appointed Mario Ruscev, currently president, as its next chief
executive officer (CEO). Ruscev, 51, will succeed Igor Khandros, 53,
FormFactor’s founder, who will become Executive Chairman of the FormFactor board
of directors. Khandros will succeed Jim Prestridge, 76, its current
chairman, who will remain on the FormFactor board of directors and become its
lead independent director. The changes will become effective at the
beginning of the company’s fiscal third quarter of 2008.
“The
FormFactor board of directors is confident that Mario and Igor are the right
team to lead the company through its next stages of growth,” said Jim
Prestridge, FormFactor’s chairman. “Mario is an unusually capable
operating executive who has a proven track record of driving revenue growth,
product innovation and development and market introductions. Igor is
an incredible visionary who has a wealth of knowledge about the industry and
technology and will play a key role in shaping the long term strategic direction
of the company.”
About
FormFactor:
Founded
in 1993, FormFactor, Inc. (Nasdaq: FORM) is the leader in advanced wafer probe
cards, which are used by semiconductor manufacturers to electrically test
integrated circuits, or ICs. The company’s wafer sort, burn-in and device
performance testing products move IC testing upstream from post-packaging to the
wafer level, enabling semiconductor manufacturers to lower their overall
production costs, improve yields, and bring next-generation devices to market.
FormFactor is headquartered in Livermore, California with operations in Europe,
Asia and North America. For more information, visit the company’s website at
www.formfactor.com.
###
FormFactor
and MicroSpring are registered trademarks of FormFactor, Inc. All
other product, trademark, company or service names mentioned herein are the
property of their respective owners.