FCD Announces New Members to Its 2010 Board of Directors
NEWPORT BEACH, CA--(Marketwire - August 17, 2009) - The Forum for Corporate Directors (FCD),
a leading Southern California resource for achieving corporate board
excellence and good governance, announces four new members to its 2010
Board of Directors. The new board members are Scott Capifoni, President of
Focus Financial Management; Charles F. Cargile, Senior Vice President,
Chief Financial Officer & Treasurer of Newport Corporation; Dean M.
Samsvick, Managing Partner of the Orange County Office of KPMG LLP; and
Dean A. Yoost, Director of Pacific Life, Emulex Corporation, Union Bank and
iGlyko.
In a separate release, the FCD announced that John Della Grotta, Partner,
Paul, Hastings, Janofsky & Walker LLP has been elected Chairman of the
Board.
Capifoni is President of Focus-Financial Management, an executive financial
management company for both middle market companies and entrepreneurial
ventures throughout the West Coast. Focus-Financial helps companies better
understand their true financial operating results by developing measurable
key financial indicators and making necessary adjustments in systems and
processes. Capifoni is a CPA, and holds a Masters of Business
Administration from The Paul Merage School of Management at UC Irvine, and
a Bachelors of Science degree in Accounting from San Diego State
University.
Cargile is Senior Vice President, Chief Financial Officer & Treasurer of
Newport Corporation, a leading global supplier of advanced technology
products and systems to the research, microelectronics, life and health
science and other industrial customers. In addition to his
responsibilities for all of finance and information technology, he leads
Newport's Global Corporate Operations, including manufacturing operations
in China. In his role, he acts as the financial liaison with the Board of
Directors as well as the Audit and Investment Committees. He has extensive
experience in strategic financial management, various corporate finance and
credit transactions, and mergers & acquisitions. Cargile is a CPA, holds a
Masters in Business Administration from USC and a Bachelors of Science
Degree in Accounting from Oklahoma State University.
Samsvick is Managing Partner of the Orange County office of KPMG LLP. He
also is Partner-in-Charge of KPMG's Orange County audit practice. As
Managing Partner of the Orange Office, Samsvick oversees the three primary
KPMG practices, audit, tax and advisory. Samsvick, who has been with KPMG
since 1981, has extensive audit experience serving clients in the
technology, medical technology and healthcare industries and manages KPMG's
relationship with many of the Firm's significant Orange County clients in
all three practice groups. Samsvick also serves on Cal State Fullerton's
Dean's Advisory Board for the College of Business, the Board of the Cal
State Fullerton Center for Corporate Reporting and Governance, the UCI CEO
Roundtable and the Elder Board at Kindred Community Church in Anaheim
Hills. He also very recently completed a nine year term on the Board of
Trustees of South Coast Repertory Theater. Samsvick is a CPA and holds a
Bachelors of Science in Accounting from California State University,
Fullerton.
Yoost is a member of the Board of Directors of Pacific Life Company, a
Fortune 500 company and California's largest life insurer; a member of the
Board of Emulex Corporation, a NYSE-listed company and a leading source of
advanced storage networking infrastructure solutions; and a board member of
Union Bank, one of the largest twenty-five banks in the United States.
Yoost also is a founder and serves as the Chairman of the Board of iGlyko,
Inc., a medical device start-up company developing a continuous glucose
monitor for in-hospital use. Yoost spent 32 years with
PricewaterhouseCoopers before retiring. At PWC, he held numerous
leadership positions. Among his many accomplishments, Yoost was a member of
the Global Oversight Board of PWC International Limited, the coordinating
entity for the global network of PWC affiliated firms; the Managing Partner
of PWC's Orange County Office; and Treasurer, CFO and a member of the
executive Board for the Southern California Olympic Games.
"FCD is committed to promoting the highest standard of corporate governance
and to bringing together directors, executive officers, capital providers
and those who support boards in a dialogue to address today's most topical
and challenging corporate governance issues through peer relationships,
education and thought leadership," said John Della Grotta, FCD Chairman.
"Our upcoming Governance Outlook in September and our expanded Directors'
Institute in November are just a couple of examples of this commitment."
About Forum for Corporate Directors
Founded in 1991, the Forum for Corporate Directors is a non-profit
organization that helps directors, C-level executives and others who
support boards set the highest standards in corporate governance. FCD
provides a forum where peer-to-peer relationships develop and valuable
insights are gained through world-class programs and ISS/Risk
Metrics-certified director education.
FCD members include many of Southern California's top business and
corporate leaders. In addition, corporate members include Advanced Medical
Optics; Alacer Corp.; Conexant Systems, Inc.; CSUF Mihaylo College of
Business & Economics; DDi Corp.; Emulex Corporation; Local.com; MFLEX;
Microsemi Corporation; National Technical Systems; Powerwave Technologies;
QLogic Corporation; Quality Systems, Inc.; RealtyTrac; Resources Global
Professionals; SRS Labs; and The Paul Merage School of Business at UC
Irvine.
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