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    <td valign="top"><p><span class="subheading">Russell  Ellwanger<br>
    </span>Chief Executive Officer </p>
        <p>Mr.  Ellwanger was appointed Chief Executive Officer in May 2005. Previously, from  1998 to 2005, he served in various executive positions for Applied Materials  Corporation, including Group Vice President, General Manager of the Applied  Global Services (AGS) division from 2004 to 2005, and Group Vice President, General  Manager of the CMP and Electroplating Business Group from 2002 to 2004. Mr.  Ellwanger also served as Corporate Vice President, General Manager of the  Metrology and Inspection Business Group from 2000 to 2002, during which he was  based in Israel. From 1998 to 2000, he served as Vice President of Applied  Materials' 300-mm Program Office, USA. Mr. Ellwanger also served as General  Manager of Applied Materials' Metal CVD Division from 1997 to 1998 and from  1996 to 1997, he served as Managing Director of CVD Business Development,  during which he was based in Singapore. In addition, Mr. Ellwanger held various  managerial positions at Novellus Systems, Inc. from 1992 to 1996 and at Philips  Semiconductors from 1980 to 1992. </p></td>
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    <td valign="top"><p><span class="subheading">Oren Shirazi <br>
    </span>Chief Financial Officer, Vice President of Finance </p>
        <p>Mr. Shirazi was appointed Chief Financial  Officer in November 2004, after serving as Controller since July 2000. He joined  Tower in October 1998 serving as Vice Controller. Previously, he was employed  as an Audit Manager in the accounting firm of Ratzkovski-Fried &amp; Co., which  merged into Ernst &amp; Young (Israel), commencing August 1995. Mr. Shirazi is  a Certified Public Accountant in Israel (CPA), and has an MBA in Business  Management from the Graduate School of Business at Haifa  University with honors and a B.A. in  Economics and Accounting from Haifa   University. </p></td>
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    <td valign="top"><p><span class="subheading">Itzhak Edrei <br>
    </span>Executive  Vice President of Business Groups, Corporate Strategy and Business Development,  Marketing, Design Enablement and R&amp;D</p>
        <p>Dr. Itzhak Edrei was appointed Executive  Vice President of Tower Business Units and Business Development in September  2008. Previously, he served as Senior Vice President&nbsp;of Product Lines and Worldwide  Sales since August 2005. In 1996, Dr.&nbsp;Edrei established the Research and  Development Group at Tower. He was the Director of R&amp;D and later Vice  President of R&amp;D from August 2001. From 1994 to 1996, Dr. Edrei served as  Tower&rsquo;s Device and Yield Department Manager. Prior to joining Tower, he was  employed by National Semiconductor as Device and Yield Section Head. Dr. Edrei  received his B.Sc. in Computer Science and Physics and his Ph.D. in Physics  from Bar Ilan  University in Israel in 1983 and 1988 respectively, and from  1988-1990, he did his Post Doctorate at Rutgers    University, NJ. </p></td>
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    <td valign="top"><p><span class="subheading">Chuck Fox<br>
    </span>Senior Vice President, Worldwide Sales &amp; Corporate Marketing</p>
        <p> Mr. Fox was appointed Senior Vice President, Worldwide Sales &amp; Corporate  Marketing in September 2008 and previously served as Vice President of Sales  &amp; Marketing for Jazz Semiconductor since July 2007. His background includes  senior positions at Intel and Xilinx coupled with extensive fabless startup  experience in the wireless, networking and multimedia markets with DSP, FPGA,  ASIC and High Speed Analog/Mixed-Signal technologies. At Xilinx, Mr. Fox was  instrumental in growing it from a small private company into a multi-billion  dollar industry FPGA leader both as Vice President of Worldwide Marketing and  as Division GM. He also spent 10 years in various management positions at  Intel. Mr. Fox earned a B.S. in Electrical Engineering and an MBA with honors  from the University of Wisconsin, Madison and completed the AEA Executive  program at Stanford University. </p></td>
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    <td valign="top"><p><strong class="subheading">Ephie Koltin</strong><br>
      Senior Vice President, Worldwide Operations </p>
        <p>Mr. Koltin was appointed Senior Vice  President of Worldwide Operations in June 2009.&nbsp;  He has held several key managerial positions with Tower  since 2000, as  Vice President of Business Development, Vice President Fab 1 Manager, Test and  Facility Manager, Vice President, General Foundry and Mixed Signal Technology and  Senior Director, FAB2 Process Engineering. From 1996-1999, Mr. Koltin served in  several senior positions as Director, NVM Technology, CIS Technology and ERS Manager,  Fab 1. Prior to joining Tower, he was employed at National Semiconductor and  the Technion &ndash; Israel Institute of Technology. Mr. Koltin holds a B.S. in  Mechanical Engineering and an M.S. in Materials Engineering from the Technion &ndash;  Israel Institute of Technology. </p></td>
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    <td valign="top"><p><span class="subheading">Nati Somekh Gilboa<br>
    </span>Vice President, Chief Legal Officer and Corporate Secretary </p>
        <p>Nati Somekh Gilboa was appointed Vice  President, Chief Legal Officer and Corporate Secretary in September 2008,  having served as Corporate Secretary and General Counsel since March 2005, and  as Associate General Counsel since May 2004. From 2001-2004, she was employed  by Goldsobel &amp; Kirshen, Adv., specializing in the areas of intellectual  property, biotechnology and corporate law. &nbsp;Ms. Somekh Gilboa holds an LL.M and J.D. from Boston University  and a B.A. from Johns   Hopkins University.  She is a member of the Israeli Bar Association and the New York Bar. </p></td>
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    <td valign="top"><p><span class="subheading">Dalit Dahan<br>
    </span>Vice President of Human Resources and Information Technology</p>
        <p>Ms. Dahan was appointed Vice President of  Human Resources in April 2004, and IT Manager in January of 1998.&nbsp; She served as Director of Personnel,  Recreation &amp; Compensation from 1998 through 2004 and as Compensation and  Benefits Manager from 1993 to 2004. Previously, she was employed by ORS, a  manpower company as the manager of the company&rsquo;s northern branch responsible  for all recruitment activities and the daily personnel and compensation  activities of approximately 150 employees.&nbsp;  Ms. Dahan holds a B.A. in Social Science from Haifa  University, and an MBA from the University of Derby.</p></td>
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    <td valign="top"><p><span class="subheading">Rafi Mor<br>
    </span>Senior Vice President and General Manager, Newport Beach</p>
        <p>Mr. Mor was appointed Senior Vice President  and General Manager, Newport Beach  in September 2008. Since April 2007, he was Vice President of Business  Development for Tower Semiconductor. &nbsp;Previously, he served as Tower&rsquo;s Vice  President and Fab 2 Manager since August 2005, and as Fab 1 Manager since March  2003. From November 2000 to March 2003, Mr. Mor served as Senior Director of  Process Device &amp; Yield of Fab 1. &nbsp;From 1998 to 2000, he served as  Director of Equipment Reliability &amp; Support of Fab 1. Prior to this, he was  employed by National Semiconductor in various engineering and management  capacities. &nbsp;Mr. Mor earned his B.S. and M.S. in Chemical Engineering from  Ben Gurion  University in Israel.</p></td>
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    <td valign="top"><p><span class="subheading">Marco Racanelli<br>
    </span>Senior Vice President and General Manager, RF and High Performance Analog Business Group and Aerospace & Defense Business Group</p>
        <p>Dr.  Racanelli was appointed Senior Vice President &amp; General Manager, RF &amp; High  Performance Analog Business Group and Aerospace &amp; Defense Group in  September 2008.&nbsp; Previously, he served as  Vice President of Technology &amp; Engineering, Aerospace &amp; Defense General  Manager for Jazz Semiconductor.&nbsp; Prior to  Jazz, Dr. Racanelli held several positions at Conexant Systems and Rockwell  Semiconductor since 1996 in the area of technology development where he helped  establish industry leadership in SiGe and BiCMOS and MEMS technology, and built  a strong design support organization. Prior to Rockwell, Dr. Racanelli worked  at Motorola, Inc., where he contributed to bipolar, SiGe and SOI development for its Semiconductor Products  Sector. Dr. Racanelli received a Ph.D. and an M.S. in Electrical and Computer  Engineering from Carnegie Mellon University,  and a B.S. in Electrical Engineering from Lehigh University.  He holds over 35 U.S.  patents.</p></td>
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    <td valign="top"><p><span class="subheading">Avi Strum <br>
    </span>Vice President and General Manager of Specialty Business Unit </p>
        <p>Dr.  Strum was appointed Vice President and General Manager of the Specialty  Business Unit in September 2008. He joined Tower in December 2004 and served as  General Manager of Tower&rsquo;s design center in Netanya and Device and Integration  Department Manager. In July 2005, he was appointed as General Manager of the  CMOS sensor and Non-volatile Memory (NVM) BU. Prior to joining Tower, Dr. Strum  served as the President and COO of TransChip Inc. from 2001 to 2004. From  January 1996 to January 2001, he was with Intel Corp., both in Israel and Santa Clara,  CA, and served as the Quality and Reliability  Manager of the Processors Division of Intel Israel. From 1990 to 1996, he was  the R&amp;D Manager of SCD and was in charge of all the Infrared Detectors  development in SCD. Dr. Strum received his B.Sc. and Ph.D. in EE from the  Technion  &ndash; Israel Institute of Technology in 1985 and 1990  respectively.</p></td>
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    <td valign="top"><p><span class="subheading">Zmira Lavie <br>
    </span>Vice President, Process Engineering R&D and General Manager of  Transfer, Development and Optimization Process Services Business Unit</p>
        <p>Ms.  Lavie was appointed Vice President of Process Engineering R&amp;D and General  Manager of Technology Optimization Process Services in 2007.&nbsp; She has over 20 years experience with Si processing  technologies and management in fabrication as well as in the R&amp;D  arena.&nbsp; She joined the R&amp;D Group as  Thin Film Section Manager when it was established in 1996. In her current  position, she is leading the R&amp;D Process Group, MEMS and manages the process  transfer activity with a target of establishing customer specific processes in  Tower&rsquo;s fabs.&nbsp; Previously, Ms. Lavie  served at National Semiconductor as Thin Film Process Engineer.&nbsp; She has expertise in thin films metallization  and process integration and has several patents within this area. Ms. Lavie  received a B.Sc. in Chemical Engineering from Technion, Haifa.</p></td>
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    <td valign="top"><p><span class="subheading">Don Cerney<br>
    </span>Vice President, Worldwide Quality and Reliability </p>
        <p>Mr. Cerney was  appointed Vice President of Worldwide Quality and Reliability in December 2008  and previously served as Director of Quality and Reliability for Jazz  Semiconductor since 2002.&nbsp; He has held several key positions with Jazz and  its predecessors,&nbsp;Conexant Systems and Rockwell International since 1979,  such as Director of Process and Integration Engineering, Director of Process  and Equipment Engineering,&nbsp;Manager of Process Engineering &ndash; Etch,&nbsp;and  Manager of Process Engineering &ndash; Diffusion.&nbsp;  Mr. Cerney received a B.S. with honors in Electrical Engineering from California State  University, Long   Beach and an M.B.A. from University   of Phoenix. He is also a  Six Sigma Black Belt.</p></td>
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