Atomera Incorporated (ATOM)

Scott Bibaud has been president, chief executive and a director since October 2015, with more than 30 years in the chip industry behind him: he was at Broadcom from June 2000 to May 2011, latterly as executive vice president and general manager of its mobile platforms group, ran Altera's Communications and Broadcast Division from June 2012 to August 2014, and was an executive-in-residence at the venture capital firm Foundation Capital before joining Atomera. Dr. Robert Mears founded the company, has been its chief technology officer since the start and was its president until October 2015; the product carries his name, Mears Silicon Technology. He co-developed a technology for long-distance optical networks in the late 1980s, has written or co-written about 180 publications, and is an Emeritus Fellow of Pembroke College, Cambridge. Francis Laurencio has been chief financial officer since February 2016, after finance chief jobs at Sycomp, at Orbis Global through its sale to Infor, and at Smapper Technologies. 12345

The board has five members, four of them independent. John Gerber has been a director since 2007 and chairman since 2011, and is managing partner of Four Points, a specialty investment group. Steve Shevick joined the board in August 2016; from 1995 to 2005 he was general counsel and chief financial officer of Synopsys, the company whose simulation software Atomera's own MSTcad tool runs on. Duy-Loan T. Le, a director since October 2019, retired in July 2017 from Texas Instruments, where she was elected Senior Fellow in 2002, the only woman in its history to hold that rank. Suja Ramnath, a director since December 2021, has been president and chief executive of Integra Technologies, which makes power radio-frequency chips for defense and aerospace, since February 2017, and before that ran the transceiver division of Analog Devices. 6789101112

Pay followed the year's disappointments. The board judged that the company hit 86% of its goals for 2025 but, citing customer setbacks, the compensation committee cut the cash bonuses of the other executive officers by half and the chief executive's in full, while offering them the withheld part if the company reaches milestones in 2026 tied to commercializing the technology. The seven directors and executive officers together beneficially owned 8.1% of the shares, the chief executive 4.0% of them; the record this site holds shows all three officers still filing their trades, as they have since August 2016. 13141516

The company is small: 21 people full time at the date of the annual report, working from offices in Los Gatos, California, and Tempe, Arizona. Its sales side thinned in 2025, when selling and marketing costs fell 28% on a reduction in headcount, with recruiting under way to fill open positions; by the quarter to June 2026 those costs were climbing again on added headcount. The record also shows the business development seat changing hands: Jeffrey Lewis filed as senior vice president for marketing and business development from 2021 to 2024, and Shawn Thomas as a vice president in the same field in early 2025. 171819202116