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Ultratech's Art Z. gets haircut, opens NASDAQ |
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Sep 26, 2007 at 04:30 PM |
For many publicly traded company execs, a chance to open up a stock-market exchange like NASDAQ or NYSE is a thrill of a lifetime, one for which they might even get a haircut.
Such was the case Tuesday, September 18, when semiconductor equipment industry living legend and Ferrari fanatic Art Zafiropoulo of Ultratech (who by a shocking coincidence was in New York for the company's annual analyst day) opened trading on the Nasdaq floor.
Since then, the company's share price has not significantly benefited from the "CEO opens trading" bounce, closing trading today at $13.60, only slightly higher than its final price last Tuesday. But at least Ultratech's shares haven't tanked since then either.
Shown whooping it up below are, from left to right: company senior vp, HR, Dave Holmes; senior vp, operations, Ron Volk; senior vp, finance, and CFO, Bruce Wright; the recently coiffed and dapper Art Z. himself, signing in; Colleen Darfler, managing director of Nasdaq; UTEK's Laura Rebouche, vp, investor relations, corporate and marketing comm; and Bruce Aust, exec vp of Nasdaq.
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