This Day On The Street
Continue to site right-arrow
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

PMC-Sierra's 2012 Annual Shareholders Meeting - Transcript

Stocks in this article: PMCS

PMC - Sierra, Inc. (PMCS)

PMC-Sierra’s 2012 Annual Shareholders Meeting

May 10, 2012 12:00 AM ET


Jonathan Judge - Chairman of the Board & Compensation Committee

Greg Lang - Director and President and Chief Executive Officer

Jim Diller - Vice-Chairman of the Board

Ric Belluzzo - Member of the Audit Committee

Mike Farese - Member of the Compensation Committee

Mike Klayko, Member of the Compensation Committee

Bill Kurtz - Chair of the Audit Committee

Frank Marshall - Chair of the Nominating and Corporate Governance Committee Richard Nottenburg - Member of the Audit Committee.

Alinka Flaminia - Vice President of General Counsel and Corporate Secretary


John Judge

Good morning ladies and gentleman. I am John Judge, Chairman of the Board and Chair of the Compensation Committee. On behalf of the board and the PMC management team, welcome and thank you for joining us here in Sunnyvale or listening to the webcast of PMC-Sierra’s 2012 Annual Shareholders Meeting. I’d like to start with introductions of our board of directors all of which are in attendance today.

First, Greg Lang, Director and President and Chief Executive Officer of PMC; Jim Diller, Vice-Chairman of the Board, Ric Belluzzo, Member of the Audit Committee and Nominating in Corporate Governance Committee; Mike Farese, Member of the Compensation Committee and Nominating and Corporate Governance Committee; Mike Klayko, Member of the Compensation Committee; Bill Kurtz, Chair of the Audit Committee; Frank Marshall, Chair of the Nominating and Corporate Governance Committee and Richard Nottenburg, Member of the Audit Committee.

Before our Corporate Secretary conducts the formal part of the meeting, Greg Lang will spend a few minutes giving a brief update on our business, Greg?

1 of 3

Select the service that is right for you!

Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!


DOW 17,804.80 +26.65 0.15%
S&P 500 2,070.65 +9.42 0.46%
NASDAQ 4,765.38 +16.9840 0.36%

Brokerage Partners

Rates from

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs