Exhibit 99.1
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Company Contact:
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Uma Subramaniam
Director, Corporate Communications
(408) 875-5473
uma.subramaniam@kla-tencor.com |
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Agency Contact:
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David Moreno
Senior Account Director, MCA
(650) 968-8900 x125
dmoreno@mcapr.com |
FOR IMMEDIATE RELEASE
KLA-TENCOR APPOINTS RICK WALLACE PRESIDENT
AND CHIEF OPERATING OFFICER
SAN JOSE, Calif., July 21, 2005 KLA-Tencor Corporation (NASDAQ: KLAC) today announced that
Richard P. (Rick) Wallace has been promoted to president and chief operating officer (COO). Rick
brings extensive industry experience to his new role with nearly two decades in senior
management roles leading the operations and strategic direction of several of KLA-Tencors largest
product organizations, as well as its customer group.
Ricks unique combination of strong customer focus, broad semiconductor industry experience, and
long track record in contributing to the companys success make him an outstanding choice for
KLA-Tencor, stated Ken Schroeder, KLA-Tencors chief executive officer (CEO). I am delighted to
make this announcement, and believe that Rick is ideally positioned to help lead KLA-Tencors
operations as we strengthen our global leadership and enable our customers success in todays
consumer-driven semiconductor market.
Rick earned a bachelors degree in electrical engineering from the University of Michigan, and a
masters degree in engineering management from Santa Clara University. A complete biography is
attached to this press release.
About KLA-Tencor: KLA-Tencor is the world leader in yield management and process control solutions
for semiconductor manufacturing and related industries. Headquartered in San Jose, Calif., the
company has sales and service offices around the world. An S&P 500 company, KLA-Tencor was named
one of the Best Managed Companies in America for 2005 by Forbes Magazine and is the only company in
the semiconductor industry to receive the accolade for this year. KLA-Tencor is traded on the
Nasdaq National Market under the symbol KLAC. Additional information about the company is
available on the Internet at http://www.kla-tencor.com
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BIOGRAPHY
Richard P. (Rick) Wallace
President and Chief Operating Officer, KLA-Tencor
Rick Wallace brings 17 years of experience at KLA-Tencor to his new role as president and COO.
Previously, Rick served as executive vice president, overseeing the Reticle and Photomask
Inspection Division, Films and Surface Technology Division, CTO Software and Customer Group. He
assumed this role in May of 2004.
Prior to this, Rick was named executive vice president of the Wafer Inspection Group in 2000, and
had P&L responsibility for seven product divisions, which collectively generate more than 50
percent of the companys revenue and profit. He has also served as group vice president for the
Lithography Control Group, as well as vice president/general manager and vice president of
marketing for the Wafer Inspection Division. He joined KLA-Tencor in 1988 as director of
applications engineering.
Earlier in his career, Rick built his expertise in lithography and yield management through
engineering positions with Ultratech Stepper and Cypress Semiconductor. He earned his bachelors
degree in electrical engineering from the University of Michigan and his masters degree in
engineering management from Santa Clara University, where he also taught strategic marketing and
global competitiveness courses upon his graduation.