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February 09, 2016 11:47 PM ET

Semiconductors and Semiconductor Equipment

Company Overview of Isola Group Ltd.

Company Overview

Isola Group Ltd., a material sciences company, engages in the design, development, manufacture, and sale of copper-clad laminates and dielectric prepregs used to fabricate multilayer printed circuit boards. Its material-based printed circuit boards provide physical platforms for semiconductors, passive components, and connection circuitry that power and control various types of electronic products, including computers, networking and communications equipment, and high-end consumer electronics, as well as products designed for use in automotive, aerospace, military, and medical markets. It also offers RF/microwave/high-speed material for applications, such as power amplifier boards for 4G LTE...

3100 West Ray Road

Suite 301

Chandler, AZ 85226

United States

Founded in 1912

1,927 Employees

Phone:

480-893-6527

Fax:

480-893-1409

Key Executives for Isola Group Ltd.

Chief Executive Officer and President
Age: 50
Interim Chief Financial Officer and Director
Age: 62
Global Supply Chain Officer and President of Asia
Age: 51
President of Europe
Age: 57
Chief Accounting Officer, Vice President of Finance and Corporate Controller
Compensation as of Fiscal Year 2015.

Isola Group Ltd. Key Developments

Isola Group Announces Management Changes

Isola Group announced that its board of directors has appointed Jeff Waters as president and CEO, effective immediately. Waters succeeds Interim CEO Jeffery McCreary, who was brought in to enable leadership continuity after Ray Sharpe’s retirement in August 2015. McCreary will continue to serve on Isola’s board of directors, a position he has held since 2006. Waters brings 25 years of experience in the semiconductor industry, having held senior leadership positions at Altera, Texas Instruments and National Semiconductor. As senior vice president and general manager of Altera’s business units, Waters was responsible for $1.7 billion in revenue across the company’s product lines, including development of high growth data center and automotive markets.

Isola Group Announces Management Changes

Isola Group announced the decision of its current President and Chief Executive Officer Ray Sharpe to retire. Mr. Sharpe will stay with Isola until his successor has joined to ensure a smooth transition. Separately, the company announced the retirement of its Executive Vice-President and Chief Financial Officer, F. Gordon Bitter. Mr. Donald Colvin, a member of Isola's board of directors and the former Chief Financial Officer of ON Semiconductor and Caesars Entertainment, has been named as interim Chief Financial Officer.

Isola Expands its Portfolio of Halogen-Free Materials for High-End Mobile Applications

Isola Group announced the introduction of IS350MD that expands its portfolio of halogen-free laminates and prepregs for high-end mobile applications. IS350MD fits nicely between Isola's well-established standard dielectric constant (Dk) material, DE156, and the company's ultralow Dk material, IS300MD, which was introduced in 2014 and quickly gained momentum in the High Density Interconnect (HDI) market. The demand for faster processing and more efficient designs in smartphones and tablets is driving the need for thinner, more powerful PCBs. These thin PCBs require low-Dk laminate materials to meet the impedance requirements of these advanced designs. IS350MD with a Dk of 3.51 was engineered specifically for these types of ultrathin dielectric applications. IS350MD is an FR-4 type base material with a resin matrix; it is based on a modified epoxy resin reinforced with conventional E-glass fabric. The requirements of flammability class V-0 per UL-94 are met without the addition of antimony compounds. As the IS350MD material does not contain halogens, it displays greater thermal stability than a standard FR-4, as demonstrated in its Time to Delamination (T288) measurements.

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