Silicon Labs Initiates CEO Transition Plan Amid Strong Growth and Increased Demand of Wireless Technology
AUSTIN, Texas, July 28, 2021 /PRNewswire/ -- Silicon Labs (NASDAQ: SLAB), a leader in secure, intelligent wireless technology for a more connected world, today announced the board-approved, succession plan to elect company President Matt Johnson as the new chief executive officer when Tyson Tuttle retires on January 1, 2022.
- "With our IoT vision, strategy and roadmap set and record-breaking financial results delivered, I decided now is the best time to announce our leadership transition plan," said Silicon Labs CEO Tyson Tuttle.
- Personally, I will continue to apply the same principle beyond Silicon Labs with my family, friends, and community."
- "Under Tyson's leadership,Silicon Labs received recognition for its strong company cultureand ability to successfully developtechnologies which improve lives, transform industries, and grow economies," stated Silicon Labs Board Chairman Nav Sooch.
- Silicon Labs (NASDAQ: SLAB) is a leader in secure, intelligent wireless technology for a more connected world.