Tag Archives: Chairman

Steve Sanghi - Microchip Technology

Microchip’s Sanghi Headlines CEO Breakfast

The Association for Corporate Growth-Arizona will feature the leader of one of the Valley’s most dynamic and influential companies for its CEO Breakfast on September 10.

Steve Sanghi, Chairman, President & CEO of Microchip Technology Inc., and co-author of the book “Driving Excellence:  How the Aggregate System Turned Microchip Technology from a Failing Company to a Market Leader,” will address ACG’s audience of Valley business leaders.

The event will take place on Tuesday, September 10 from 7 to 9 a.m. at the Arizona Biltmore Resort & Spa Grand Ballroom in Phoenix. Registration begins at 7 and the breakfast begins at 7:30 a.m.

Sanghi is one of the most respected CEOs in the Arizona business community, and has overseen the extensive growth of Microchip into a significant player in the technology industry.

“We are very pleased to be able to feature someone with Mr. Sanghi’s broad experience and sharp insights into today’s business environment,” said Christine Nowaczyk, Board President for ACG-Arizona. “He’s a dynamic and visionary business leader who has a lot to share that can make other companies and ventures successful.”

Tickets for the September 10 event are available for $49 for ACG members and sponsors, and $69 for ACG non-members, if purchased by September 6; and $59 for ACG members and sponsors, and $79 for ACG non-members, if purchased after September 6. Tickets may be purchased by visiting www.acg.org/arizona or calling 602-343-6280.

Mr. Sanghi was named the President of the Company in August 1990, Chief Executive Officer in October 1991, and the Chairman of the Board of Directors in October 1993.  In June 1995, Mr. Sanghi received an Arizona Entrepreneur of the Year award. Mr. Sanghi and Microchip have won numerous awards and honors for business excellence throughout his tenure as President and CEO.

Microchip Technology Inc. (NASDAQ:  MCHP) is a leading provider of microcontroller, mixed-signal, analog and Flash-IP solutions, providing low-risk product development, lower total system cost and faster time to market for thousands of diverse customer applications worldwide. Headquartered in Chandler, Arizona, Microchip offers outstanding technical support along with dependable delivery and quality. For more information, visit the Microchip website at http://www.microchip.com.

Founded in 1954, the Association for Corporate Growth (ACG) is a global association for professionals involved in corporate growth, corporate development, and mergers and acquisitions. Today ACG stands at more than 13,000 members from corporations, private equity, finance, and professional service firms representing Fortune 500, Fortune 1000, FTSE 100, and mid-market companies in 55 chapters in North America, Europe, and Asia. The Arizona chapter of ACG includes representatives from corporate investment and private equity groups, financiers, venture capitalists and supporting consultant services. For more information, visit www.acg.org/arizona.

Steve Sanghi - Microchip Technology

Microchip's Sanghi Headlines CEO Breakfast

The Association for Corporate Growth-Arizona will feature the leader of one of the Valley’s most dynamic and influential companies for its CEO Breakfast on September 10.

Steve Sanghi, Chairman, President & CEO of Microchip Technology Inc., and co-author of the book “Driving Excellence:  How the Aggregate System Turned Microchip Technology from a Failing Company to a Market Leader,” will address ACG’s audience of Valley business leaders.

The event will take place on Tuesday, September 10 from 7 to 9 a.m. at the Arizona Biltmore Resort & Spa Grand Ballroom in Phoenix. Registration begins at 7 and the breakfast begins at 7:30 a.m.

Sanghi is one of the most respected CEOs in the Arizona business community, and has overseen the extensive growth of Microchip into a significant player in the technology industry.

“We are very pleased to be able to feature someone with Mr. Sanghi’s broad experience and sharp insights into today’s business environment,” said Christine Nowaczyk, Board President for ACG-Arizona. “He’s a dynamic and visionary business leader who has a lot to share that can make other companies and ventures successful.”

Tickets for the September 10 event are available for $49 for ACG members and sponsors, and $69 for ACG non-members, if purchased by September 6; and $59 for ACG members and sponsors, and $79 for ACG non-members, if purchased after September 6. Tickets may be purchased by visiting www.acg.org/arizona or calling 602-343-6280.

Mr. Sanghi was named the President of the Company in August 1990, Chief Executive Officer in October 1991, and the Chairman of the Board of Directors in October 1993.  In June 1995, Mr. Sanghi received an Arizona Entrepreneur of the Year award. Mr. Sanghi and Microchip have won numerous awards and honors for business excellence throughout his tenure as President and CEO.

Microchip Technology Inc. (NASDAQ:  MCHP) is a leading provider of microcontroller, mixed-signal, analog and Flash-IP solutions, providing low-risk product development, lower total system cost and faster time to market for thousands of diverse customer applications worldwide. Headquartered in Chandler, Arizona, Microchip offers outstanding technical support along with dependable delivery and quality. For more information, visit the Microchip website at http://www.microchip.com.

Founded in 1954, the Association for Corporate Growth (ACG) is a global association for professionals involved in corporate growth, corporate development, and mergers and acquisitions. Today ACG stands at more than 13,000 members from corporations, private equity, finance, and professional service firms representing Fortune 500, Fortune 1000, FTSE 100, and mid-market companies in 55 chapters in North America, Europe, and Asia. The Arizona chapter of ACG includes representatives from corporate investment and private equity groups, financiers, venture capitalists and supporting consultant services. For more information, visit www.acg.org/arizona.

Jack Barry 9607

Enterprise's Barry joins AzBA board

The Arizona Bankers Association today announced Jack Barry, chairman of Enterprise Bank & Trust’s Arizona region, was recently elected to the association’s board of directors.

“Jack is well-respected for his leadership at Enterprise as well as for his long-standing commitment to the Phoenix community,” said Lynne Herndon, AzBA board chairman. “We are delighted to welcome him to the board as we continue to expand the scope and reach of AzBA, the voice of Arizona’s banking industry for more than 100 years.”

Barry joined Enterprise in 2008 as President of the Bank’s Arizona Region. Previously, he served as Executive Vice President and Market Leader for the former M&I Bank in Phoenix, where he was responsible for all commercial banking operations in the Phoenix area. He has also held senior management positions at the former Southwest Bank in Arizona and Mark Twain Bancshares in St. Louis, Missouri.

Barry earned a BS from the University of Missouri and holds a Certificate of Accountancy from the State of Missouri. He is past President of the Arizona Chapter of the RMA, is a former director of the Arizona Chapter of the Association for Corporate Growth, is on the board of the Boys & Girls Club of Metropolitan Phoenix and is vice president of Phoenix Country Club.

Jack Barry 9607

Enterprise’s Barry joins AzBA board

The Arizona Bankers Association today announced Jack Barry, chairman of Enterprise Bank & Trust’s Arizona region, was recently elected to the association’s board of directors.

“Jack is well-respected for his leadership at Enterprise as well as for his long-standing commitment to the Phoenix community,” said Lynne Herndon, AzBA board chairman. “We are delighted to welcome him to the board as we continue to expand the scope and reach of AzBA, the voice of Arizona’s banking industry for more than 100 years.”

Barry joined Enterprise in 2008 as President of the Bank’s Arizona Region. Previously, he served as Executive Vice President and Market Leader for the former M&I Bank in Phoenix, where he was responsible for all commercial banking operations in the Phoenix area. He has also held senior management positions at the former Southwest Bank in Arizona and Mark Twain Bancshares in St. Louis, Missouri.

Barry earned a BS from the University of Missouri and holds a Certificate of Accountancy from the State of Missouri. He is past President of the Arizona Chapter of the RMA, is a former director of the Arizona Chapter of the Association for Corporate Growth, is on the board of the Boys & Girls Club of Metropolitan Phoenix and is vice president of Phoenix Country Club.

sales.tax

Arizona Business Community Supports HB2111

The undersigned organizations and businesses want to express their strong support for the passage of HB2111 with the floor amendment that will be offered by Senator Steve Yarbrough. This final amendment represents major concessions to address concerns that have been expressed by the city representatives.

This final amendment reflects the cities’ request for a separate online portal for the collection of sales taxes in the 18 non-program cities. In addition, the amendment reflects the cities’ demand to maintain the authority to audit single-location businesses in their city. Lastly, the amendment removes all of the changes to prime contracting tax except for the trade and service contractors.

While the Yarbrough amendment reflects major concessions to the cities that undermine some of the important reforms recommended by the Transaction Privilege (Sales) Tax Simplification Task Force, we believe this final proposal still reflects historic progress that deserves final passage.

The Senator Yarbrough floor amendment will provide for the following:

* Single Point of Administration – the Department of Revenue (DOR) will become the single point of administration and collection of TPT. However, at the request of the cities, there will be a separate online portal for the 18 non-program cities. Despite this concession, the cities remain opposed because they want to continue to require businesses making paper sales tax remissions to pay the state and city separately. Their proposal provides most small businesses no administrative relief from making multiple payments to multiple jurisdictions each month.

* Single and Uniform Audit – DOR will administer a standardized state audit program where all state and city auditors are trained and certified by DOR. Despite major concessions from the business community to allow cities to continue to audit local businesses, the cities continue to push for further changes that will undermine much needed reforms to standardize state and local audits.

* Trade/Service Contracting Reform – Service contractors working directly for an owner to maintain, repair, and replace existing property would pay tax on materials at retail and not be subject to the Prime Contracting Tax. During Task Force deliberations, the cities repeatedly conceded that this area of the prime contracting tax was problematic and should be changed. However, after almost a year of study and discussion, they have offered a change to the taxation of service contractors that provides no administrative relief and couples that change with a request that the state give the cities $80 million from use tax collections.

Arizona’s chaotic and dysfunctional sales tax system has been the subject of considerable controversy at the Capitol for over 30 years. The creation of the Task Force, as well as the appearance for the first time that the cities recognized the need for reform, gave Arizona businesses great hope that this system would finally be reformed. We strongly encourage state policymakers to pass a sales tax reform bill that is grounded in sound tax policy and focuses on reducing the extraordinary compliance costs on Arizona businesses.

Kevin McCarthy, President, Arizona Tax Research Association
Michelle Lind, Chief Executive Officer, Arizona Association of REALTORS
Bas Aja, Executive Vice President, Arizona Cattlemen’s Association
Glenn Hamer, President & CEO, Arizona Chamber of Commerce
Steve Macias, Chairman, Arizona Manufacturer’s Council
Francis McAllister, Chairman, Arizona Mining Association
Courtney LeVinus, Arizona Multihousing Association
Michelle Allen Ahlmer, Executive Director, Arizona Retailers Association
Steve Chucri, President/CEO, Arizona Restaurant Association
Rick Murray, Chief Executive Officer, Arizona Small Business Association
Steve Zylstra, President & CEO, Arizona Technology Council
Greg Turner, Vice President, Senior Tax Council, Council On State Taxation (COST)
Lisa Rigler, President, Small Business Alliance AZ
Todd Sanders, President & CEO, Greater Phoenix Chamber of Commerce
Tom Franz, President, Greater Phoenix Leadership
Connie Wilhelm, President, Home Builders Association of Central Arizona
Tim Lawless, Chapter President, NAIOP
Farrell Quinlan, Arizona State Director, NFIB
Ronald E. Shoopman, President, Southern Arizona Leadership Council
Scot Mussi, President, The Arizona Free Enterprise Club
Matt Beckler, Vice President, Treasurer & Chief Tax Officer, Apollo Group, Inc.
Steve Barela, State & Local Tax Manager, Arizona Public Service
Steve Trussell, Executive Director, Arizona Rock Products Association
Michael DiMaria, Director of Legislative Affairs, CenturyLink, Inc.
Gayle Shanks, Owner, Changing Hands Bookstore
Michelle Bolton, Director of Public Affairs, Cox Communications
Nikki Daly, Owner, Flair! Salons
David Karsten, President, Karsten’s Ace Hardware
Reuben Minkus, Minkus Advertising Specialties
PetSmart, Inc.
Tina Danloe, General Manager, Pima Ace Hardware
Molly Greene, Senior Government Relations Representative, Salt River Project
Les Orchekowsky, President & Co-Owner, Sierra Ace Hardware, Inc.
Ann Seiden, Administrator/Corporate Public Affairs, Southwest Gas Corporation
Joseph Hughes, Director of Government Affairs, U.S. Airways
Walgreens Co.

Glenn Hamer is president and CEO of the Arizona Chamber of Commerce and Industry. The Arizona Chamber of Commerce and Industry is committed to advancing Arizona’s competitive position in the global economy by advocating free-market policies that stimulate economic growth and prosperity for all Arizonans.

121198354

Ak-Chin Indian Community Invests $10M in Maricopa

During the May 7 Maricopa City Council meeting, Mayor Christian Price announced that the Ak-Chin Indian Community would be making an investment of $10 million in Maricopa. Of the $10 million investment, $2.6 million will support the Maricopa Unified School District and $7.4 million will be allocated to the operation of the City of Maricopa’s Copper Sky Recreational Complex, a multigenerational/aquatic center and regional park, currently under construction.

The Community’s investment in the District will assist with the short fall within the budget and the failure of the previous tax initiative.   Ak-Chin Tribal Chairman Louis J. Manuel, Jr. has long valued the importance of education and has made it a priority for the Tribal Council to find ways to improve upon it, not only for the Tribal community, but for the City of Maricopa as well.

“As true leaders to those our youth look to for guidance, we need to invest in them to promote and partake in a future yet to be determined but with the belief of opportunities,” said Chairman Manuel.  “The Ak-Chin Indian Community believes a partnership like this goes beyond the boundaries and creates a relationship to forge a strong future for everyone.”

The Copper Sky Recreational Complex, slated to open in spring 2014, includes a multigenerational/aquatic center and a regional park.  The 52,000-square-foot center will have many amenities, such as a gymnasium with two full-size basketball courts, a fitness area, an indoor running track, a competitive pool, a recreational pool, and a splash pad.  The regional park is approximately 120 acres and will be comprised of a five-acre lake, tennis, basketball and volleyball courts, a skate park, multi-use fields, a baseball/softball field, a dog park, and bike and multi-use trails.

“I am ecstatic to see the countless benefits that come from building positive and valuable relationships with our wonderful neighbors, the Ak-Chin Indian Community,” said Maricopa Mayor Christian Price.  “As we embark on this new era of collaboration, I look forward to seeing our partnerships continue to develop and our communities continue to thrive. I am encouraged that, together, we will continue to construct a highly-prized and decidedly-successful region.  The City of Maricopa is extremely grateful for the outstanding generosity of the Ak-Chin Community and we look forward to building a prosperous future together.”

The Community’s $10 million investment will be made in one payment to the City, who will serve as the grantor of the $2.6 million to the District.

“We have a life-long relationship with the City of Maricopa; we have shared in each other’s growth and helped when called upon.  We hope to continue our partnership into the future,” said Chairman Manuel.

flag

Morrissey won’t seek 2nd term as GOP chairman

Tom Morrissey has announced that he won’t seek a second term as chairman of the Arizona Republican Party.

He says his decision is due to upcoming knee surgeries that will likely require a lengthy recovery period.

Morrissey’s term will end when the party’s State Committee meets Jan. 26 and elects the chairman, secretary and treasurer.

In a statement issued Wednesday, Morrissey says he expects to be “fully involved in continuing to help conservative candidates for office” after his recovery is complete.

Morrissey says he’s proud of the numerous things the GOP has accomplished under his leadership.

He says that for the first time in Arizona’s history, Republicans hold all statewide offices and majorities in the Legislature.

Flag USA and New Mexico

Kavanagh returns as House Appropriations chair

Fountain Hills Republican John Kavanagh will return as chairman of the state House Appropriations Committee when Arizona lawmakers report in January for their 2013 regular session.

Kavanagh’s return as Appropriations chairman is among 18 committee chairmanships announced Thursday by Speaker Andy Tobin in a post-election reorganization.

Other returning House chairmen include Bob Robson for the Rules Committee, Doris Goodale and Eddie Farnsworth for Judiciary.

Newly appointed chairmen include Debbie Lesko for the tax-writing House Ways and Means Committee and Justin Olson for a new Federalism and Fiscal Responsibility Committee.

Lesko is currently House majority whip.

In all, the House will have 18 committees, all led by majority Republicans.

WEB - Mobile Mini - 2012-12

Mobile Mini CEO Bunger stepping down

Mobile Mini says Chairman, President and CEO Steven Bunger will step down from those posts at the end of the year.

Lead independent director Michael Watts will become chairman once Bunger departs. Watts has served as a board member since 2002 and became lead director in 2005.

The company, which sells and rents moving and storage units and mobile offices, said Tuesday that it has created a search committee to help find Bunger’s successor as CEO, with both internal and external candidates being considered.

Bunger has worked at Mobile Mini since 1983 and served in various roles. He became president and CEO in 1997 and became chairman in 2001.

Heidrick & Struggles has been hired to assist with the search process for a new CEO.

Mobile Mini Inc., which is based in Tempe, Ariz., says a new CEO is expected to be in place when Bunger departs or shortly after that.

Bunger said in a statement that he will help the new CEO over several months to ensure a smooth transition.

Shares of Mobile Mini rose 7 cents to $17.40 in afternoon trading. Its shares have traded in a range of $12.60 in late June to $23.08 in late February.