Board of Directors
Mr. Caraccio serves as vice president, general counsel, and secretary of Applied Micro Circuits Corporation, a global leader in energy-conscious computing solutions for telecommunications, enterprise, and consumer applications. At AppliedMicro, Mr. Caraccio is responsible for all legal matters, including corporate financing strategies; merger and acquisition transactions; intellectual property development, protection, and licensing; material contracts; regulatory compliance; and general corporate governance.
Prior to joining AppliedMicro, Mr. Caraccio was a co-founder and senior vice president and general counsel of RMI Corporation until its acquisition by NetLogic Microsystems in 2009. Mr. Caraccio previously was a partner in the Silicon Valley office of Pillsbury Madison and Sutro LLP (now Pillsbury Winthrop LLP), where he practiced in the Corporate, Securities and Technologies group and served as co-leader of the firm’s Technology: Internet, Communications, Computers and Data industry group. His practice focused on private placement and registered public financing transactions, mergers and acquisitions, federal and state securities law, commercial transactions, and general corporate matters. His portfolio included more than 80 private and public companies in sectors such as information and communications technology, Internet, biotech, life sciences, and entertainment. He has lectured and published articles on various legal aspects of private placement financings and corporate governance.
Mr. Caraccio received his JD from the University of California at Berkeley, Boalt Hall School of Law (including serving as associate editor of the California Law Review), and his BA from the University of California at Irvine.
Mr. Caraccio is a member of the California and New York state bars, the American Bar Association (Business Law section), and the Santa Clara County Bar Association.
Mr. Kummeth is president of the Laboratory Consumables Division at Thermo Fisher Scientific. He has worked in the industrial, semiconductor, scientific, and healthcare industries for 30 years, including 24 years at 3M. His initial work was on data storage devices; an early project was helping Apple with peripheral solutions for the first Macintosh computer. Later, Mr. Kummeth managed 3M’s International Mergers and Acquisitions group, and was vice president of Electronics Materials and Medical Products divisions. He spent three years in Europe as the head of 3M’s industrial businesses and also served as managing director of the company’s UK/Ireland subsidiary.
In 2009, Mr. Kummeth moved to Thermo Fisher, where he heads up a 21-site, 5000-person global business. Thermo Fisher is the world leader in laboratory consumables, including well known brands such as Nunc and Nalgene.
Mr. Kummeth has a BS in Electrical Engineering, an MS in Software Design and Engineering, and an MBA from the Carlson School of Business at the University of Minnesota.
Philip Khoury has more than 30 years of experience in the energy sector, specializing in price risk management; crude and oil products trading; and refining, distribution, and shipping. Currently, he is president and CEO of Atlantic Trading & Marketing Inc. (ATMI), the trading and shipping affiliate of Total SA in the Americas. He is also a director of ATMI and of Total Trading & Marketing Canada (TTMC).
Prior to joining ATMI, Mr. Khoury spent more than a decade with ELF Trading, including serving as the company’s senior vice president for the CIS, Africa and the Caribbean, and the Americas. Before that, he was vice president of Refining and Marketing for Total Switzerland and its successor company Gatoil.
Mr. Khoury holds a BA in Business Administration and an MA in Economics and Finance from Webster University in St. Louis.