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): February 18, 2003
ELECTRO SCIENTIFIC INDUSTRIES, INC.
(Exact name of registrant as specified in its charter)
OREGON 0-12853 93-0370304
(State or other jurisdiction (Commission (IRS Employer
of incorporation) File Number) Identification No.)
13900 NW Science Park Drive, Portland, Oregon 97229
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (503) 641-4141
No Change
(Former name or former address, if changed since last report)
Item 5. Other Events
On February 18, 2003, Electro Scientific Industries, Inc. (the
"Company") announced that Richard Okumoto was appointed vice president of
administration and chief financial officer of the Company. Mr. Okumoto will
oversee finance and accounting as well as other administrative areas of the
Company. The Company's press release announcing these events is attached hereto
as Exhibit 99.1.
Item 7. Financial Statements and Exhibits
(c) Exhibits.
99.1 Press release dated February 18, 2003.
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.
Date: February 18, 2003.
Electro Scientific Industries, Inc.
By /s/ John E. Isselmann, Jr.
----------------------
John E. Isselmann, Jr.
General Counsel and Assistant Corporate Secretary
EXHIBIT INDEX
Exhibit Description
99.1 Press release dated February 18, 2003.
EXHIBIT 99.1
ESI Names Richard Okumoto Vice President of Administration and Chief Financial
Officer
Business Editors
PORTLAND, Ore.--(BUSINESS WIRE)--Feb. 18, 2003--Electro Scientific
Industries, Inc. (Nasdaq:ESIO) announced today that Richard Okumoto
has been named vice president of administration and chief financial
officer.
Okumoto will oversee finance and accounting as well as other
administrative functions for the company.
Okumoto has broad financial and operating experience in high
technology and the semiconductor capital equipment industry. His
latest position was executive vice president of The Garrett Group, a
technology financial services firm in San Francisco, California with a
range of semiconductor industry clients. From 1998 to 2001 he was
president and CEO of TMT, Inc. of Sunnyvale, California, a
rapidly-growing manufacturer of automatic test equipment for wireless
and mixed signal devices. For five years before that he was executive
vice president and chief financial officer of Credence Systems
Corporation, a leading automatic test equipment company in Fremont,
California. From 1990 to 1993, he was corporate controller of Novellus
Systems Corporation in San Jose. He is a graduate of San Jose State
University.
"Rich brings a wide range of skills and experience to ESI and adds
to the depth of our management team," said James T. Dooley, chief
executive officer of ESI. "In today's difficult industry environment,
he will play a critical role in guiding our investments for growth as
well as controlling our costs, strengthening our internal processes
and improving our shareholder returns."
About ESI
ESI, headquartered in Portland, Oregon, supplies high-value,
high-technology manufacturing equipment to the global electronics
market. Using its expertise in laser/material interaction, small parts
handling, machine vision and real-time control systems, the company
enables the production of leading-edge products for customers in the
semiconductor, passive component and electronic interconnect markets.
ESI's web site is http://www.esi.com.
--30--MRO/se*
CONTACT: Electro Scientific
Joe Reinhart, 503/671-5500
or
Fletcher Chamberlin, 503/671-5233