Santa Barbara, Calif.-- Dec. 22, 1997--Superconductor Technologies, Inc. announced that John D. Lockton has been appointed to the boardof directors.
Lockton is currently president, CEO, and a director of International Wireless Communications, Inc., an operator of cellular systems in developing countries, of which he was a cofounder in 1992. As STI expands its market position in the wireless market, Lockton will be contributing his valuable expertise gained from his many years in the wireless and financial services industries, including positions as an executive vice president at Pacific Bell and as a senior vice president with Dun & Bradstreet.
Lockton will be filling the position left vacant by the retirement of Charles Crocker from the STI board of directors. Crocker was a founder of the company and has served on its board since inception. Crocker is president, CEO, and chairman of BEI Electronics, Inc. Crocker cited personal commitments and time constraints as his reason for stepping down from the board.
Lockton has held senior management positions at a number of companies within the wireless industry. From May 1990 to August 1991he was managing partner of Corporate Technology Partners, a joint-venture with Bell Canada Enterprises that formed local wirelessbusinesses in developing countries. In 1988, Lockton founded Cellular Data, Inc., a cellular wireless data technology company, andStar Associates, Inc., a cellular radio RSA company. He founded and was a director of Interactive Network, Inc., a wireless-based television company and was chairman of the board of directors until December 1994. In 1987, Lockton led a successful buy-out of Wells Fargo alarm service businesses, where he introduced wireless technology to alarm services.
From 1983 to 1987, Lockton was executive vice president of Pacific Bell (now Pacific Telesis), where his responsibilities included Pacific Bell's wireless business, the revenue-generating departments of Pacific Bell, and more than 20,000 employees. From 1980 to 1983, he was president of Warner Amex (now Time Warner) Cable Television, Inc.
From 1968 to 1980, Lockton served in various capacities at Dun & Bradstreet. His positions included senior vice president with responsibility for several divisions, president of Dun & Bradstreet International with responsibility for service businesses in more than40 countries, president of Moody's Investor Services, Inc., executivevice president of Funk & Wagnalls, Inc., and general counsel of Rueben H. Donnelly & Co., a Dun & Bradstreet subsidiary. From 1962 to 1968, he was associated with White & Case, a law firm.
Lockton is the primary inventor of a patented wireless technologyfor Personal Communication Services (PCS). Lockton is a graduate of Yale University (Phi Beta Kappa), Harvard Law School, and received an Executive MBA from Columbia University.
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