CONTACT:
Rebecca Salner, Media Relations Officer
Silicon Valley Community Foundation
650.450.5525 or rsalner@siliconvalleycf.org

THREE NEW MEMBERS JOIN SILICON VALLEY COMMUNITY FOUNDATION'S BOARD

MOUNTAIN VIEW, Calif. — Silicon Valley Community Foundation today announced the addition of three new members to its board of directors.

The new members are C.S. Park, former chairman and CEO of Maxtor Corp.; Sanjay Vaswani, a managing director with the Center for Corporate Innovation; and Gordon Yamate, former vice president and general counsel of Knight Ridder.

"These three new members bring a wealth of diverse experience to our Board,” said Board Chair Patricia Bresee. “They combine corporate and nonprofit expertise, and with their individual commitments to civic and regional interests, each one is an ideal fit for the leadership of the Silicon Valley Community Foundation."

Park, who will formally join the community foundation’s board in October, currently serves as a director on the board of Seagate Technology. Maxtor was acquired by Seagate in 2006. He is also on the board of American Leadership Forum-Silicon Valley and the advisory boards of Markkula Center for Applied Ethics at Santa Clara University and International Security Studies at Yale University.

Previously, Park was chairman and CEO of Hynix Semiconductor based in Korea, and managing director and investment partner at H & Q Asia Pacific, a private equity firm.

Park has a doctorate in business administration from Nova Southeastern University in Fort Lauderdale, an MBA from the University of Chicago and an undergraduate degree from Yonsei University in Seoul.

Vaswani, who has been with the Center for Corporate Innovation since 1990, serves on the boards of Brocade Communications Systems of San Jose, Blue Star Infotech, an Indian software services firm, and Interplast, the Mountain View-based nonprofit that provides free reconstructive surgeries to children and women around the world who would not otherwise have access to such health care.

Before joining the Center for Corporate Innovation, Vaswani was with McKinsey & Company and with Intel Corp.

Vaswani received his MBA from the Wharton School of Business and his undergraduate degree from the University of Texas at Austin.

Yamate joined newspaper publisher Knight Ridder in 2000 and was responsible for company-wide legal affairs until Knight Ridder’s acquisition by McClatchy in 2006. Previously, he was vice president and general counsel at Liberate Technologies, a Silicon Valley firm that developed software to access the Internet through set-top television boxes and other appliances, and was a partner at the law firm of McCutchen, Doyle, Brown and Enersen.

Yamate is vice chair of the board of trustees of the Japanese American National Museum in Los Angeles and chair of the board of Silicon Valley FACES, formerly known as the Silicon Valley Conference for Community and Justice.

He received his law degree from Santa Clara University and an undergraduate degree in economics and political science from the University of California, Davis.

About Silicon Valley Community Foundation
The merger of Community Foundation Silicon Valley and Peninsula Community Foundation took effect on January 1, 2007, creating Silicon Valley Community Foundation, a catalyst and leader for innovative solutions to the region’s most challenging problems. Serving all of San Mateo and Santa Clara counties, the new community foundation is among the largest community foundations in the nation, with more than $1.9 billion in assets under management and 1,500 philanthropic funds. In a region known for innovation in business and technology as well as philanthropy, the new community foundation will address local needs and support Silicon Valley’s charitable giving to causes locally, nationally and around the globe. The integration marks the first merger of equals involving two of the country’s leading community foundations and sets new precedent in the philanthropic sector. Find out more at www.siliconvalleycf.org.