HTCH on NASDAQ

Hutchinson Technology

American technology company

Hutchinson Technology is an engineering company established and headquartered in Minnesota, United States, specializing in the design and manufacture of precision technologies. Hutchinson's primary products are suspension assemblies that hold magnetic read-write heads at microscopic distances above the disks in rigid disk drives.3 From Wikipedia, CC BY-SA 4.0

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Last updated Oct 18, 2026.

Overview

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  • TickerHTCH on NASDAQ1
  • IndustryElectronic Components, NEC1
  • HeadquartersHutchinson1
  • Websitehtch.com
  • Incorporated inMN4
  • Business address40 W Highland Park, Hutchinson, Mn 553504
  • Filer categoryAccelerated filer4

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2012-0814-HutchinsonTech
Photo: Bobak Ha'Eri, CC BY 3.0, via Wikimedia Commons6

Hutchinson Technology is an engineering company established and headquartered in Minnesota, United States, specializing in the design and manufacture of precision technologies. Hutchinson's primary products are suspension assemblies that hold magnetic read-write heads at microscopic distances above the disks in rigid disk drives.3

The story

Hutchinson Technology was founded in 1965 by Jon Geiss and Jeffrey Green, initially to produce gyroscope components for missiles. It subsequently supplied printed circuit boards to Minnesota's two largest computer companies, Univac and Control Data. With contracts from Control Data and IBM in the 1970s, it developed specialized mechanisms that precisely position the read-write heads for magnetic disk drives. The company grew to employ 3,000 people (2001-2010).

On November 2, 2015 Japanese electronics company TDK announced plans to purchase Hutchinson Technology for $126 million.

From Wikipedia’s article on Hutchinson Technology, shared under CC BY-SA 4.0.5

Leadership

Who has led Hutchinson Technology, and when. Pick a name to see everywhere that person has worked.

Chief executive

  1. Wayne M. Fortun2006–2011
  2. Richard J. Penn2012–2016

Chair

  1. Jeffrey W. Green2006–2007

President

  1. Wayne M. Fortun2006–2011
  2. Richard J. Penn2012–2016

Chief financial officer

  1. John A. Ingleman2006–2010
  2. Steve Polacek2010
  3. David P. Radloff2010–2016
2010201520202025
Board members and other officers (25)

Timeline

  1. Oct 15, 2012New chief executive Richard J. Penn becomes CEO7
  2. Oct 19, 2006New chief executive Wayne M. Fortun becomes CEO8

Sources

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