8-K 1 a4341326.txt ELECTRO SCIENTIFIC 8-K UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): February 18, 2003 ELECTRO SCIENTIFIC INDUSTRIES, INC. (Exact name of registrant as specified in its charter) OREGON 0-12853 93-0370304 (State or other jurisdiction (Commission (IRS Employer of incorporation) File Number) Identification No.) 13900 NW Science Park Drive, Portland, Oregon 97229 (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code: (503) 641-4141 No Change (Former name or former address, if changed since last report) Item 5. Other Events On February 18, 2003, Electro Scientific Industries, Inc. (the "Company") announced that Richard Okumoto was appointed vice president of administration and chief financial officer of the Company. Mr. Okumoto will oversee finance and accounting as well as other administrative areas of the Company. The Company's press release announcing these events is attached hereto as Exhibit 99.1. Item 7. Financial Statements and Exhibits (c) Exhibits. 99.1 Press release dated February 18, 2003. SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Date: February 18, 2003. Electro Scientific Industries, Inc. By /s/ John E. Isselmann, Jr. ---------------------- John E. Isselmann, Jr. General Counsel and Assistant Corporate Secretary EXHIBIT INDEX Exhibit Description 99.1 Press release dated February 18, 2003. EXHIBIT 99.1 ESI Names Richard Okumoto Vice President of Administration and Chief Financial Officer Business Editors PORTLAND, Ore.--(BUSINESS WIRE)--Feb. 18, 2003--Electro Scientific Industries, Inc. (Nasdaq:ESIO) announced today that Richard Okumoto has been named vice president of administration and chief financial officer. Okumoto will oversee finance and accounting as well as other administrative functions for the company. Okumoto has broad financial and operating experience in high technology and the semiconductor capital equipment industry. His latest position was executive vice president of The Garrett Group, a technology financial services firm in San Francisco, California with a range of semiconductor industry clients. From 1998 to 2001 he was president and CEO of TMT, Inc. of Sunnyvale, California, a rapidly-growing manufacturer of automatic test equipment for wireless and mixed signal devices. For five years before that he was executive vice president and chief financial officer of Credence Systems Corporation, a leading automatic test equipment company in Fremont, California. From 1990 to 1993, he was corporate controller of Novellus Systems Corporation in San Jose. He is a graduate of San Jose State University. "Rich brings a wide range of skills and experience to ESI and adds to the depth of our management team," said James T. Dooley, chief executive officer of ESI. "In today's difficult industry environment, he will play a critical role in guiding our investments for growth as well as controlling our costs, strengthening our internal processes and improving our shareholder returns." About ESI ESI, headquartered in Portland, Oregon, supplies high-value, high-technology manufacturing equipment to the global electronics market. Using its expertise in laser/material interaction, small parts handling, machine vision and real-time control systems, the company enables the production of leading-edge products for customers in the semiconductor, passive component and electronic interconnect markets. ESI's web site is http://www.esi.com. --30--MRO/se* CONTACT: Electro Scientific Joe Reinhart, 503/671-5500 or Fletcher Chamberlin, 503/671-5233