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Hutchinson Technology Inc. (HTCH)On Dec 24: 9.98   0.00 (0.00%)  
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Hutchinson Technology Inc.
40 West Highland Park Drive NE
Hutchinson, MN 55350
United States - Map
Phone: 320-587-3797
Fax: 320-587-1810
Web Site: http://www.htch.com

DETAILS 
Index Membership:S&P 600 SmallCap
S&P 1500 Super Comp
Sector:Technology
Industry:Data Storage Devices
Full Time Employees:2,448

BUSINESS SUMMARY 
Hutchinson Technology Incorporated, together with its subsidiaries, designs, develops, manufactures, and supplies suspension assemblies for disk drives in Thailand, Hong Kong, Japan, the United States, China, and internationally. It operates in two divisions, Disk Drive Components and BioMeasurement. The Disk Drive Components division manufactures suspension assemblies for various sizes and types of hard disk drives. These suspension assemblies are primarily used as components of disk drives that hold the read/write heads in position above the spinning magnetic disks. This division also manufactures and sells etched and stamped component parts, such as flexures and baseplates for suspensions. It sells its suspension assemblies to original equipment manufacturers and to subassemblers. The BioMeasurement division provides the InSpectra StO2 System for use in the trauma, emergency medicine, and critical care settings to directly monitor the compromised tissue perfusion associated with hemorrhagic and other forms of shock. This device provides a measure of local tissue oxygen saturation, which quantifies the ratio of oxygenated hemoglobin to total hemoglobin in the microcirculation of skeletal or peripheral muscle. The company was founded in 1965 and is headquartered in Hutchinson, Minnesota.
Key Statistics

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    CORPORATE GOVERNANCE 
    Hutchinson Technology Inc.'s Corporate Governance Quotient (CGQ®) as of 1-Dec-09 is better than 91.9% of S&P 600 companies and 95.1% of Technology Hardware & Equipment companies.
    Brought to you by Institutional Shareholder Services.

    KEY EXECUTIVES 
     PayExercised
    Mr. Wayne M. Fortun , 60
    Chief Exec. Officer, Pres
    $ 573.00K $ 0
    Mr. John A. Ingleman , 63
    Chief Financial Officer, Principal Accounting Officer and Sr. VP
    $ 293.00K $ 0
    Mr. Richard J. Penn , 53
    Sr. VP and Pres of Biomeasurement Division
    $ 353.00K $ 0
    Ms. Kathleen S. Skarvan , 53
    VP and Pres of Disk Drive Components Division
    $ 290.00K $ 0
    Mr. R. Scott Schaefer , 56
    Chief Technical Officer and VP
    $ 295.00K $ 0
    Dollar amounts are as of 31-Dec-09 and compensation values are for the last fiscal year ending on that date. "Pay" is salary, bonuses, etc. "Exercised" is the value of options exercised during the fiscal year.
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