PC Tel Inc : Richard Alberding Retires From PCTEL Board After 13 Years
06/15/2012| 09:00am US/Eastern
PCTEL Reduces Board Size to Six Independent Directors
PCTEL, Inc. (NASDAQ: PCTI), a leader in antenna and scanning receiver
solutions, announced today the planned retirement of Richard (Dick)
Alberding from its Board of Directors. Alberding was one of the three
original independent directors on the PCTEL board and was initially
elected in 1999. Alberding served on both the Audit and Compensation
Committees and chaired the Compensation Committee during his entire
tenure. With Alberding's retirement the Board will now have six
independent directors and the Chairman and CEO.
"Dick has been an outstanding director and established best compensation
practices at PCTEL, served as a mentor to other board members and was
invaluable to my development as a public company CEO," said Marty
Singer, PCTEL's Chairman and CEO, who along with Giacomo Marini, also
began serving as a PCTEL director with Dick Alberding in August, 1999.
"Dick provided great insights as we made the transition from a
struggling modem company to a stable provider of wireless products and
solutions. While we will miss his contributions, our future success will
reflect his influence on our culture and operations," added Singer.
"It has truly been an honor and privilege to work with fellow Board
Members and the Management Team these past 13 years," said Dick
Alberding. "It has been exciting to be part of an organization that
dramatically transitioned the Company from a single computer component
offering to wide ranging and ever expanding PCTEL product families
focused on 'simplifying wireless' in key Vertical Markets on a global
playing field," added Alberding.
Mr. Alberding enjoyed a highly successful career at Hewlett Packard
where he retired as Executive Vice President of Global Sales and
Corporate Marketing. He has served on several public company and
non-profit boards including Sybase, Cytec, Quick Eagle, Inc, Kennametal,
Page Net and several privately held companies. He also served as a
member of the Board of Trustees of Cazenovia College.
PCTEL, Inc. (NASDAQ: PCTI), develops antenna, scanning receiver, and
network solutions for the global wireless market. The company's SeeGull®
scanning receivers, SeeHawk® visualization tool, and CLARIFY® system
measure, monitor and optimize cellular networks. PCTEL develops and
supports scanning receivers for LTE, TD-LTE, EVDO, CDMA, WCDMA,
TD-SCDMA, GSM, and WiMAX networks.
PCTEL's MAXRAD®, Bluewave™ and Wi-Sys™ antenna solutions address private
network, public safety, and government applications. PCTEL develops and
delivers high-value YAGI, Land Mobile Radio, WiFi, GPS, In-Tunnel,
Subway, and broadband antennas (parabolic and flat panel). The company's
vertical markets include SCADA, Health Care, Smart Grid, Precision
Agriculture, Indoor Wireless, Telemetry, Off-loading, and Wireless
Backhaul. PCTEL Secure focuses on Android mobile platform security. For
more information, please visit the company's web sites www.pctel.com,
© Business Wire 2012