Board of Directors
Dr. Schmidt heads QVT’s Palo Alto office. He focuses primarily on technological investments. Prior to joining QVT in May 2013, Dr. Schmidt was employed by Intel Corporation as Senior Director of Wireless Engineering from 2004 to 2010 and as Chief Technology Officer in the Intel Foundry from 2010 to 2013. Between 2000 and 2004, Dr. Schmidt co-founded and was the Chief Executive Officer of Airify Communications Corporation, a wireless multi-protocol semiconductor company, which was sold to Intel in August 2004. Prior to that he also co-founded Pixel Devices International, a CMOS imaging company, in 1997, which was sold to Agilent in 2002 and served as Vice President of Technology there until 1999. In addition, Dr. Schmidt has worked at the Stanford Linear Accelerator Center/Argonne National Labs (from 1999 to 2004) and at Altera Corporation (as a Senior Engineer from 1989 to 1997). He has taught at U.C. Berkeley, Tsinghua University in Beijing and the International Technological University and written more than 70 technical papers and has over 90 patents. Dr. Schmidt earned a B.S. in Electrical Engineering/Materials Science from U.C., Berkeley in 1989, an M.S. in Electrical Engineering in 1995, an M.S. Management in 1998, a Ph.D. minor in Aeronautical Engineering, in 1999 and a Ph.D., Electrical Engineering in 2003 all from Stanford University.
Tracy Fu is a co-founder and Managing Member of QVT Financial. Tracy is a member of QVT’s Investment Committee and also oversees QVT’s Asian offices and convertible bond portfolio. Prior to QVT, Tracy was a Managing Director at Deutsche Bank. Tracy has a M.S. in Electrical Engineering from the University of California at Berkeley, and a BS in Applied Physics from the California Institute of Technology.
Dr. Truman is Vice President of Strategy & Marketing for the Patterning & Packaging Group at Applied Materials, having rejoined Applied Materials in September, 2016, after more than 13 years in technology start-ups and academia. Kelly was CEO and President of Translarity from July 2014 to September 2016, moving the company from its scientific origins in Oregon to an engineering focus in Silicon Valley, where he led the company through product innovation, successful customer engineering qualifications and revenue. Prior to joining Translarity, Kelly was Senior Vice President of Business Development at stationary energy storage technology start-up Imergy Power Systems (previously Deeya Energy). He was CEO/President of Deeya Energy from June 2010 through 2013, leading the change from science culture to product culture while guiding a breakthrough change in the core technology. Prior to this Kelly held a variety of executive Silicon Valley positions including Senior Vice President of Marketing and Business Development at photovoltaic product manufacturer Solyndra, Vice President of Marketing at semiconductor metrology provider ReVera Inc. and executive general management and marketing positions at semiconductor manufacturing equipment leader Applied Materials, Inc. Kelly holds a B.S. in Metallurgical Engineering and Materials Science from the University of Notre Dame, and a M.S. and Ph.D. in Materials Science and Engineering from the University of Florida.
Read more about our management team.