Amgen CEO to step down
Kevin Sharer, chairman and CEO of Amgen, is set to retire in May, the Thousand Oaks-based company said on Dec. 15. Current president and chief operating officer Robert Bradway will become the company’s new CEO. Sharer led Amgen, the largest private-sector employer in Ventura County, for 11 years. He oversaw the company’s transition from the Read More →
Superconductor to move HQ to Austin
Superconductor Technologies, a company that produces high temperature superconducting materials for cell phones, is moving its corporate headquarters from Santa Barbara to Austin, Texas, the company said in a news release on Monday. The company’s Conductus superconducting wire manufacturing center will also be based in Austin. Superconducter will continue to house some of its research Read More →
Kavli talks philanthropy at CCC event
Fifty years after Fred Kavli immigrated to the United States from Norway, he started the journey from entrepreneurship to philanthropy by establishing the Kavli Foundation in 2000 to support scientific research and education. In the 11 years since, the foundation has handed out millions of dollars in prizes recognizing research excellence in three types of Read More →
Amgen wraps up buyback auction
[wikichart align=”right” ticker=”NASDAQ:AMGN” showannotations=”true” livequote=”true” startdate=”08-06-2011″ enddate=”08-12-2011″ width=”300″ height=”245″] Amgen, based in Thousand Oaks, expects to repurchase 9.6 percent of its outstanding shares at a price of $60 per share after asking shareholders to name their price in a buyback auction. The biotech giant and major Ventura County employer said Dec. 8 it had completed Read More →
Deckers boots up new HQ
Construction has begun on Deckers Outdoor Corp.’s 152,000-square-foot headquarters in the Cabrillo Business Park.
Buffett plugs into SLO solar farm
The 550-megawatt Topaz solar project in northern San Luis Obispo County got a new owner on Dec. 7 when Warren Buffett’s Berkshire Hathaway announced it was acquiring the project from Arizona-based First Solar. The price was not disclosed, but the project is expected to cost about $2 billion. After a lengthy permitting process, First Solar Read More →
Defense firm to cut 170 jobs in Thousand Oaks
A defense contractor is cutting about 170 jobs in Thousand Oaks as it shutters a facility that made signal jammers to prevent IED attacks during the Iraq war. McLean, Va.-based ITT Exelis’ electronic systems division operated a factory with about 215 employees on Willow Lane in Thousand Oaks. About 45 of those workers will be Read More →
