Agilent Technologies Inc. has named Keith Barnes as president and chief executive officer of its semiconductor test subsidiary, Verigy Pte. Ltd., effective May 1.
Verigy filed its registration statement with the SEC for its initial public offering last month, and Agilent plans to complete its spin-off of Verigy by Oct. 31, 2006, the end of its fiscal year.
Barnes is currently the chairman and CEO of Electroglas based in San Jose, Calif.
Prior to his work at Electroglas, Barnes was chairman and CEO of Integrated Measurement Systems (IMS), an Oregon-based company recognized for its work in mixed-signal and memory-IC verification before it was acquired by Credence Systems Corp. in 2001.
Barnes also served as a division president at Cadence Design Systems for the Prototype Verification Division and at Valid Logic Systems prior to its acquisition by Cadence.
Barnes replaces long-time Agilent veteran Jack Trautman. Trautman has most recently served as interim president of the company's Semiconductor Test Business, and was president of Agilent's Automated Test Group prior to the spin-off announcement. Trautman will continue to support Verigy as a senior advisor through its transition into a separate company.
Adrian Dillon, Agilent's chief financial officer and executive vice president of finance and administration said, "Keith brings a wealth of experience to this leadership position. His many years of managing public companies will be a great asset to our company, and help to realize the full potential of our semiconductor test business."
"I am very excited to be joining Verigy," said Barnes. "Agilent has long had a powerful reputation for technology leadership and innovation, and a strategic position in the test industry. I look forward to helping build the world's premier semiconductor test business."
Barnes, 54, was born in San Francisco, Calif. He currently serves on the Boards of Cascade Microtech and Clarity Visual Systems. Barnes holds a B.S. degree in Environmental Science from San Jose State University.