PMC-Sierra's 2012 Annual Shareholders Meeting - Transcript

PMC - Sierra, Inc. (PMCS)

PMC-Sierra’s 2012 Annual Shareholders Meeting

May 10, 2012 12:00 AM ET

Executives

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

Presentation

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?

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