Roy Vallee

Mr. Vallee is a senior technology executive and director with more than 25 years of experience leading the operations of global technology companies as a senior executive or as a member of the Board of Directors. Mr. Vallee most recently served as the Chairman and Chief Executive Officer of Avnet, Inc. (NYSE: AVT), one of the world’s largest global distributors of electronic components and information technology solutions. During his tenure as CEO, Avnet completed more than 50 acquisitions and more than quadrupled sales to over $25 billion while significantly improving return on capital employed and cash flow by establishing and driving value based management principles globally. While with Avnet, Mr. Vallee earned a number of awards and widespread industry recognition for his vision, leadership and service to the community.

Active in the community and in various roles outside of Avnet, Mr. Vallee recently served as Chairman of the Board of Directors at the Federal Reserve Bank of San Francisco, and Chairman of the Federal Reserve System’s Conference of Chairs in Washington, D.C. Mr. Vallee is currently Chairman of Teradyne Inc. (NYSE: TER), a global provider of semiconductor and wireless test products and services with a market capitalization of approximately $20 billion. Mr. Vallee is also the Lead Independent Director of Synopsys, Inc. (NASD: SNPS), a provider of electronics design automation software products used to design and test integrated circuits with a market capitalization of approximately $40 billion. He is also an investor and Director of four early stage companies including Cardon Global, Tallwave, Ryver and Autonet Mobile.

Mr. Vallee served as a Director of The Arizona Commerce Authority and was a longstanding member of the Center for Corporate Innovation. He is a former co-chair of then-Arizona Governor Janet Napolitano’s Council on Innovation & Technology. In 2008, Governor Napolitano invited him to join the board of the Arizona Economic Resource Organization, a private nonprofit group that seeks to boost the state’s economic development efforts. Mr. Vallee previously served as the Chairman of the Global Technology Distribution Council and was a Director of the National Association of Wholesalers.