Richard D. Barton
*** ***** ****** ( Nederland, CO 80466
Home: 303-***-**** ( abmqtl@r.postjobfree.com ( Cell: 720-***-****
Chief Executive Officer - High Tech Companies
Capturing New Market Opportunities ( Driving Revenue Growth (
Accelerating Return on Equity for Investors
Distinguished 25+ year career reflects achievements in starting, building,
growing, and improving the profitability, performance, and value of
companies. Maintain big picture view, common sense approach, and highest
degree of integrity. Qualifications summary:
P&L Management ( International Operations Management ( General
Management ( Leadership
Startup ( Change Management ( Venture Capital Funding ( Strategic
Partnerships
Product Development ( International Deal Negotiations ( Board Relations
( Risk Management
Process Development ( Cost Analysis, Reduction & Control ( Team
Building, Coaching & Development
Professional Experience
Micron, Longmont, CO
$4.8B leading provider of advanced semiconductor solutions with over 10,000
employees.
General Manager (2009-2010): Full general management authority for
operations during transitional period after Micron acquired Displaytech in
2009 - key focus on merging the 2 companies without losing momentum or
staff, continuing product development pace of Displaytech, and setting
course for the new business.
( Business Transition. Skillfully managed Displaytech operations and
external partnerships through transition to Micron without any loss in
momentum or personnel.
( Business Plan Development. Developed and executed new business plan
with objective to build a $500M business by 2012 with significantly
larger addressable market than previously available to Displaytech. Grew
operation to meet new strategy by adding several new technical members.
( Product Development. Expanded Micron's capabilities from display
component design/manufacturing to development of projector/projector
engines. Demonstrated new projector products 8 months after acquisition.
Displaytech, Longmont, CO 1998-2009
Pioneer in the development and commercialization of liquid crystal on
silicon microdisplays.
Chief Executive Officer (2002-2009): Appointed as CEO to establish proper
culture, drive organizational change, and steer a new vision and direction
for 50-employee company with emphasis on growing and maturing its base
technology, and utilizing technology to develop commercial products and
value. Recruited, developed, and retained talented people. Participated as
member of Board; reported regularly to Board of Directors. Full P&L
responsibility. Supervised 10-person team (management, finance, HR,
administration).
( Restructuring & Innovation. Restructured company to focus on
Electronic Viewfinder business to match technology abilities to real
market need and drive growth. Championed a hard working, "blue collar"
atmosphere, and fostered an open culture creating an environment for
continued innovation and welcomed everyone's opinions and ideas.
( Japan Subsidiary & Revenue Growth. Established/operated subsidiary in
Japan that supported overall company growth from $0 to $42M in revenues.
Frequently traveled to Asia and built multiple relationships in Japan to
have products accepted by major consumer manufacturers (Sony, Olympus,
Minolta, JVC, Hitachi, Kodak). Shipped over 21M displays, captured 20%
of worldwide market, and established high quality with little and/or no
returns.
( Initial Public Offering. Took company through IPO process. Completed
all documents and road trip prior to public sale, with current investors
of company deciding to fund privately in 2005.
( VC Funding. Raised in excess of $50M in venture capital funding,
which required running an organization that fulfilled on commitments
(e.g., meeting timelines in product development and business objectives
in plan).
Richard Barton ( Page 2 ( abmqtl@r.postjobfree.com
( New Market Opportunity. Determined that the company had matured in
the electronic viewfinder market and identified new opportunity in the
larger $1B pico projection market. Built key relationships in pico
projection market with current 3M projectors using Displaytech panels.
( Business Licensing. Licensed Electronic Viewfinder business to
Citizen Miyota to acquire funding for addressing this new pico projector
opportunity; royalty bearing license is still in place and will yield in
excess of $30M.
( Company Sale. Led effort to sell Displaytech as directed by the
Board. Evaluated offers from 3 companies and sold Displaytech to Micron
Technologies
Chief Operations Officer (1998-2002): In charge of all aspects of startup
operations, including manufacturing process development, product
development, and supply chain functions. Key focus on steering company's
direction toward building manufacturing partnerships - allowing company's
limited resources to focus on its highest value items.
( Product Development & IP. Led development of microdisplay products
that drove corporate success, including the world's first microdisplay
products; generated significant intellectual property in the microdisplay
market.
( Partnerships. Cultivated manufacturing partnerships in Asia,
including Citizen Miyota - a company that invested $30M to set up
Displaytech's process in Japan.
( Volume Growth. Ramped volumes from 0 to 1M displays at Displaytech in
1st year of production while transferring process to partner (Citizen
Miyota).
Planar, Beaverton, OR 1994-1998
$200M worldwide leader in the development, manufacture, and marketing of
high performance commercial flat panel EL display components.
Director of Manufacturing: Directed manufacturing functions for 24 x 7
operation. Established new LCD assembly facility and installed state-of-the-
art LCD assembly process. Oversaw 200 employees.
( Efficiencies, Volume Growth & Cost Reduction. Delivered operational
efficiencies and drove production volume growth in excess of 100% while
reducing costs to meet new corporate objectives.
Lowrance ELECTRONICS, Tulsa, OK 1989-1994
$100M world leading designer, manufacturer, and marketer of high quality
sport fishing SONAR and Global Positioning System (GPS) mapping
instruments.
Vice President of Manufacturing: Delivered significant financial/efficiency
improvements and developed key processes for new technology. Scope of
responsibility included company's manufacturing output and its contract
manufacturing business. Oversaw up to 1000 employees (average of 200 people
during off season).
( Operational Restructuring. Achieved an in-line operation with major
cost reductions in manufacturing while growing capacity by restructuring
operations - eliminating greater than $1M dollars of manufacturing
overhead; initially changed operation in existing US-based plant followed
by relocation to new factory in Mexico.
( Process Development. Teamed with design engineering on developing
several new manufacturing processes that facilitated highly innovative
and low cost products in consumer electronics market.
( Facility Setup. Devised operating plan and set up Mexican
manufacturing facility operation.
( Contract Manufacturing. Developed and executed business plan for
contract manufacturing business; successfully secured several accounts to
fill factory during off season period.
Early Career - Vice President, Engineering / Operations - PC Technologies;
Principle Engineer - Irwin/Olivetti; Senior Design Engineer - SYCOR. Gained
extensive engineering and entrepreneurial development experience that
provided a strong foundation for accountabilities and successes in later
positions:
Education
( B.S., Electrical Engineering - Lawrence University, Southfield, MI