Agere Adds Two to Board

Richard S. Hill, chairman and CEO of Novellus Systems, and Thomas P. Salice, vice chairman of AEA Investors, join Agere's board

July 18, 2003

1 Min Read

ALLENTOWN, Pa. -- Agere Systems (NYSE: AGR.A - News, AGR.B - News) today announced that it has added two new members to its board of directors. Richard S. Hill and Thomas P. Salice will join Agere's board effective immediately.

Richard S. Hill is chairman and CEO of San Jose, Calif.-based Novellus Systems Inc. and has been with that company since 1993. Novellus, an S&P 500 company, manufactures, markets and services advanced deposition, surface preparation and chemical mechanical planarization equipment for advanced integrated circuits. Prior to his current position, Hill spent 12 years at Tektronix Inc., and earlier held engineering management positions with General Electric, Motorola and Hughes Aircraft.

Thomas P. Salice is vice chairman of AEA Investors LLC, a private equity firm with offices in New York and London. Salice is also a director of Marbo Inc., Mettler-Toledo International Inc., Sovereign Specialty Chemicals Inc. and Waters Corporation.

"I'm very pleased to welcome Rick and Tom to Agere's board," said H. A. Wagner, chairman of Agere's board of directors. "Both executives have deep experience in the management of fast-paced global businesses like Agere's. Their guidance will be invaluable as we position Agere for long-term growth."

Other members of the Agere board include Rajiv L. Gupta, CEO of Rohm and Haas Co.; Richard Clemmer, former CFO of Quantum Corp. and former CEO of PurchasePro.com; Rae F. Sedel, managing director of Russell Reynolds Associates; Krish Prabhu, a partner with Morgenthaler Ventures; John A. Young, former president and CEO of Hewlett-Packard; and John T. Dickson, president and CEO of Agere.

Agere Systems

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