Technology >> CEO Interviews >> October 26, 1998

Arthur R. Buckland – C.p. Clare Corporation (cpcl)

ARTHUR R. BUCKLAND is Chairman, President & CEO of CP Clare Corporation, a position he has held since September 1993. He has previously held senior management positions for Texas Instruments, Fairchild, Teradyne and Schlumberger and run several independent companies. Mr. Buckland has started several businesses and joint ventures throughout Asia and has lived and worked in many European and North American locations. As a PDG and Vice President, Mr. Buckland converted Schlumberger's largest, most unprofitable non-oil division into the most profitable multi- technology, high growth division with operations in eleven countries. As President of Lex Electronics ( a $1 billion per year company headquartered in London), he turned Lex from a loss to a profit which ultimately led to a U.S. $500 million gain on book value from the sale of Lex to Arrow. In July of 1996, Mr. Buckland was awarded the Entrepreneur of the Year award, Turnaround category, sponsored by Ernst & Young, NASDAQ and others. The award was for his work at CP Clare, almost doubling the revenues while taking the company from near insolvency to IPO in less than two years. Two successful public offerings raised $75 million. Mr. Buckland has an M.B.A. with Honors from Harvard Business School, an MSEE from Syracuse University, and speaks five languages. He sits on the boards of Helix Corporation, General Scanning and Emerson Hospital. Mr. Buckland is married and has one son. His interests range from international travel and diverse cultures to participating in sports activities. Profile
TWST: Could you please give us a brief overview of C.P. Clare history,

products, customers, those kinds of things?

Mr. Buckland: C.P. Clare is interesting. The company is 61 years old

and