News Article
Ken Levy joins Jordan Valley
KLA founder joins board of directors
Jordan Valley Semiconductors Ltd. (JVS), the market leader in X-Ray and VUV based metrology tools for the semiconductors industries, announced today that Ken Levy has been named chairman of its board of directors. Levy replaces Kalman Kaufman, who remains a member of the JVS Board.
Avi Fischer, Deputy Chairman of IDB Group (the largest shareholder in the company, through Clal Industries and Elron) said: "Jordan Valley led by the leadership of founder and CEO Isaac Mazor, presented impressive and unique progress in 2010. We thought that at this time the company could benefit from the skills and expertise of one of the most experienced, talented and highly regarded managers in the industry - Ken Levy.
With the addition of Ken and the continued tenure of Kalman Kaufman, who has played a great part in the dramatic progress that the company made, the company enjoys one of the most impressive boards of directors for a private company in it's industry.
"I am pleased to assume the role of Chairman of the board," stated Ken Levy. "Jordan Valley's products are enabling X-Ray systems to move onto the high volume production applications. Their systems will enable the semiconductors industry to control its most advanced processes. I expect the company to continue to innovate and expand its business opportunities".
"It has been an honor to serve as Chairman of the Board these past three years and to be a part of Jordan Valley's board," said Kalman Kaufman. "I look forward to continuing to work with Ken, a seasoned business executive and visionary technologist, who founded and led KLA-Tencor for over 30 years".
"We are extremely pleased that Ken has accepted the position of Chairman. His experience and knowledge in the semiconductors capital equipment business will be a valuable asset to Jordan valley" noted Isaac Mazor, Founder and CEO of Jordan valley Semiconductors Ltd.
"I believe the next few years will prove to be a period of increased market penetration and high growth for Jordan Valley following it's outstanding growth in 2010. As a chairman of the board, Ken will play a key role in driving the company's strategy," added Mr. Mazor.
