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Message: Rick vs. Cliff
Rick Goerner
President and Chief Executive Officer
Patriot Scientific Corporation
Carlsbad , CA
Sector: TECHNOLOGY / Communication Equipment
Officer since February 2008
61 Years Old
Rick Goerner became our President and Chief Executive Officer on February 29 2008. He has extensive experience as an operating manager and CEO with technology companies on a global scale. He served as President and COO of the Storage Products Group of Texas Instruments a one billion dollar supplier of mixed signal and analog integrated circuits for the hard disk drive market. From February 2002 to March 2006 Mr. Goerner served as President and CEO of TransDimension Inc an Irvine California based venture-financed technology start-up company providing embedded Universal Serial Bus (USB) silicon and software solutions to a global customer base. TransDimension was acquired by Oxford Semiconductor in 2005. Mr. Goerner has recently been involved in the development of other early stage technology companies serving as a Technical Advisor as Executive Chairman as a member of the Board of Directors and in the capacity of Interim President and CEO.
Compensation for 2008
| Salary | $66,508.00 |
| Bonus | $83,000.00 |
| Restricted stock awards | $0.00 |
| All other compensation | $0.00 |
| Option awards $ | $153,849.00 |
| Non-equity incentive plan compensation | $0.00 |
| Change in pension value and nonqualified deferred compensation earnings | $0.00 |
| Total Compensation | $303,357.00 |
Options Granted
| Grant Date |
All other stock awards (# of shares of stocks or units) | Number of securities underlying options | Exercise or base price |
Percent of total options granted in fiscal year | Grant date fair value of stock and option awards | See More |
| 02/29/2008 | - | - | $0.40 | 0% | $86,818.00 | |
| 02/29/2008 | - | - | $0.40 | 0% | $274,972.00 | |
| 02/29/2008 | - | - | $0.40 | 0% | $472,462.00 |
Clifford L. Flowers
Chief Financial Officer and Secretary
Patriot Scientific Corporation
Carlsbad , CA
Sector: TECHNOLOGY / Communication Equipment
Officer since September 2007
51 Years Old
Cliff Flowers became our Chief Financial Officer on September 17 2007 and is Secretary of the Company. Prior to that date and from May 2007 Mr. Flowers was the interim CFO for BakBone Software Inc. working as a consultant on behalf of Resources Global Professionals Inc. From June 2004 through December 2006 Mr. Flowers was the senior vice president of finance and operations and CFO for Financial Profiles Inc. a developer and marketer of software for the financial planning industry. Prior to joining Financial Profiles Mr. Flowers served as CFO of Xifin Inc. a provider of hosted software services to the commercial laboratory marketplace. Prior to Xifin Mr. Flowers served for nine years in positions of increasing responsibility at Previo Inc. a developer and marketer of various PC and server-based products including back up and business continuity offerings. As CFO of Previo Mr. Flowers' global responsibilities included all financial operations and legal affairs. He earlier served as an audit manager with Price Waterhouse LLP. Mr. Flowers is a graduate of San Diego State University with a B.S. summa cum laude in Business Administration with an emphasis in accounting and holds a CPA license in California.
Compensation for 2008
| Salary | $160,096.00 |
| Bonus | $0.00 |
| Restricted stock awards | $0.00 |
| All other compensation | $2,856.00 |
| Option awards $ | $62,530.00 |
| Non-equity incentive plan compensation | $0.00 |
| Change in pension value and nonqualified deferred compensation earnings | $0.00 |
| Total Compensation | $225,482.00 |
Options Granted
| Grant Date |
All other stock awards (# of shares of stocks or units) | Number of securities underlying options | Exercise or base price |
Percent of total options granted in fiscal year | Grant date fair value of stock and option awards | See More |
| 09/17/2007 | - | - | $0.45 | 0% | $220,899.00 |
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