International Rectifier

Rubric Capital Management Nominates Two Highly Qualified, Independent Directors to Xperi Inc. Board of Directors

Retrieved on: 
Monday, March 11, 2024

David Rosen, Managing Partner of Rubric, said, “Xperi has built an attractive portfolio of innovative enablement technologies with significant monetization potential.

Key Points: 
  • David Rosen, Managing Partner of Rubric, said, “Xperi has built an attractive portfolio of innovative enablement technologies with significant monetization potential.
  • The participants in the proxy solicitation are anticipated to be Rubric Master, Rubric Capital GP LLC (“Rubric Master GP”), Rubric Capital Management LP (“Rubric Capital”), Rubric Capital Management GP LLC (“Rubric Capital GP”), David Rosen, Deborah S. Conrad and Thomas A. Lacey.
  • As of the date hereof, 625,756 shares of Common Stock are held in certain accounts managed by Rubric Capital (the “Rubric Accounts”).
  • Rubric Capital GP, as the general partner of Rubric Capital, may be deemed the beneficial owner of the 4,043,744 shares of Common Stock owned in the aggregate by Rubric Master and held in the Rubric Accounts.

indie Promotes Key Senior Management

Retrieved on: 
Monday, January 22, 2024

indie Semiconductor, Inc. (Nasdaq: INDI), an Autotech solutions innovator, today announced the promotion of a few outstanding senior executives within the organization.

Key Points: 
  • indie Semiconductor, Inc. (Nasdaq: INDI), an Autotech solutions innovator, today announced the promotion of a few outstanding senior executives within the organization.
  • These individuals have demonstrated exceptional leadership, business acumen and automotive industry relationships, and have already made significant contributions to the success of indie in relatively short order.
  • In their new roles, these key management team members will help drive indie’s market outperformance and realize the Company’s vision of creating an Autotech powerhouse.
  • Prior to joining indie in March 2021, he was with Intel, serving in a variety of senior and General Manager roles in wireless connectivity.

VIAVI Appoints Ilan Daskal as Executive Vice President and Chief Financial Officer

Retrieved on: 
Wednesday, October 18, 2023

CHANDLER, Ariz., Oct. 18, 2023 /PRNewswire/ -- Viavi Solutions Inc. (VIAVI) (NASDAQ: VIAV) announced today the appointment of Ilan Daskal as Executive Vice President and Chief Financial Officer, effective November 7, 2023.

Key Points: 
  • CHANDLER, Ariz., Oct. 18, 2023 /PRNewswire/ -- Viavi Solutions Inc. (VIAVI) (NASDAQ: VIAV) announced today the appointment of Ilan Daskal as Executive Vice President and Chief Financial Officer, effective November 7, 2023.
  • Mr. Daskal will report to President and Chief Executive Officer Oleg Khaykin and oversee the global finance organization, including finance, accounting and reporting, tax, treasury, internal audit, investor relations and information technology.
  • Daskal joins VIAVI from Bio-Rad Laboratories, Inc. where he has served as EVP and CFO since April 2019.
  • "I am excited to be working with Oleg once again, partnering with the VIAVI executive team, and contributing to VIAVI's business success," said Daskal.

Altoida Appoints Marc Jones as Chief Executive Officer

Retrieved on: 
Monday, June 5, 2023

Altoida, Inc , a pioneer in developing digital biomarkers of neurological disease using augmented reality and machine learning, announced today the appointment of industry veteran Marc Jones as Chief Executive Officer.

Key Points: 
  • Altoida, Inc , a pioneer in developing digital biomarkers of neurological disease using augmented reality and machine learning, announced today the appointment of industry veteran Marc Jones as Chief Executive Officer.
  • View the full release here: https://www.businesswire.com/news/home/20230605005214/en/
    "We are thrilled that Marc is joining Altoida as CEO, as the company transitions from clinical proof-of-concept to its commercial expansion phase,” said William (Bill) Moffitt, Chairman of the Board, Altoida.
  • “Marc is a visionary executive with a proven track record of successfully guiding healthcare companies through important commercial milestones.
  • These technologies have the potential to revolutionize drug development in neurological clinical trials along with treatment and care for individuals affected by neurological diseases,” said Marc Jones, CEO, Altoida.

Marvell Announces CFO Transition

Retrieved on: 
Wednesday, January 11, 2023

SANTA CLARA, Calif., Jan. 11, 2023 /PRNewswire/ -- Marvell Technology, Inc. (NASDAQ: MRVL), a leader in data infrastructure semiconductor solutions, today announced that Willem Meintjes, who has served as Marvell's Chief Accounting Officer and Treasurer since 2018, has been appointed Chief Financial Officer, effective January 20, 2023. Mr. Meintjes' promotion follows the resignation of Jean Hu, who is departing the Company to pursue another professional opportunity, effective January 20, 2023.

Key Points: 
  • We are proud of our thoughtful succession planning process that ensures this will be a smooth transition to the next generation of finance leadership."
  • "It has been a true privilege to work alongside Matt, Willem and the rest of the talented Marvell team," said Ms. Hu.
  • Mr. Meintjes joined Marvell in 2016 as Senior Vice President of Finance and was promoted to Chief Accounting Officer and Treasurer two years later.
  • During his tenure at Marvell, Mr. Meintjes has held multiple roles across the Finance organization, including overseeing the FP&A, Treasury and Accounting functions.

Transphorm Expands Footprint with GaN Application Lab in China

Retrieved on: 
Thursday, December 1, 2022

It will also serve as an application lab for regional customers developing GaN-based power systems as well as global R&D efforts.

Key Points: 
  • It will also serve as an application lab for regional customers developing GaN-based power systems as well as global R&D efforts.
  • China, Hong Kong, and Southeast Asia house several dynamic industries re-imagining power electronics through high performance GaN.
  • As a leader in high voltage GaN power semiconductors, Transphorm offers an unmatched GaN device portfolio able to address the power spectrum from 45 W to 10 kW+.
  • Transphorm, Inc., a global leader in the GaN revolution, designs and manufactures high performance and high reliability GaN semiconductors for high voltage power conversion applications.

Navitas Delivers Pure-Play, Next-Gen Technology Keynote at Flagship IEEE Power Semiconductor Workshop

Retrieved on: 
Tuesday, November 1, 2022

For 30 years, Mr. Kinzer has led R&D at semiconductor and power electronics companies at the VP level or higher.

Key Points: 
  • For 30 years, Mr. Kinzer has led R&D at semiconductor and power electronics companies at the VP level or higher.
  • Sponsored by the IEEE Power Electronic Society (PELS), the IEEE Electron Devices Society, and the Power Sources Manufacturers Association (PSMA), the annual IEEE Workshop on Wide Bandgap Power Devices and Applications (WiPDA) is one of the key gatherings for the WBG technical community.
  • GaNFast power ICs integrate gallium nitride (GaN) power and drive, with control, sensing, and protection to enable faster charging, higher power density, and greater energy savings.
  • Navitas, GaNFast, GaNSense, GeneSiC, and the Navitas logo are trademarks or registered trademarks of Navitas Semiconductor and subsidiaries.

Kandou Names Tom Lacey to its Board of Directors

Retrieved on: 
Tuesday, October 4, 2022

LAUSANNE, Switzerland, Oct. 04, 2022 (GLOBE NEWSWIRE) -- Kandou , an innovative leader in high-speed, energy-efficient chip-to-chip link solutions that improve the way the world connects and communicates, today named Tom Lacey, former serial private and public company CEO to its board of directors.

Key Points: 
  • LAUSANNE, Switzerland, Oct. 04, 2022 (GLOBE NEWSWIRE) -- Kandou , an innovative leader in high-speed, energy-efficient chip-to-chip link solutions that improve the way the world connects and communicates, today named Tom Lacey, former serial private and public company CEO to its board of directors.
  • Lacey joins Kandou as it continues building on its success developing differentiated semiconductor interconnect technology for large markets.
  • We welcome Tom Lacey to the Kandou board, a successful and high-integrity executive whose 30-year career spans the startup, mid-sized and large public and private company experience, says Amin Shokrollahi, Founder and CEO of Kandou.
  • It is my pleasure to be part of Kandou, a company revolutionizing wired connectivity with greater speed and efficiency, remarks Lacey.

DGAP-News: Infineon Technologies AG: SUCCESSFUL THIRD QUARTER; STRONG REVENUE GROWTH ESPECIALLY IN THE AUTOMOTIVE SEGMENT; FURTHER INCREASES IN REVENUE AND EARNINGS EXPECTED IN THE FOURTH QUARTER

Retrieved on: 
Wednesday, August 3, 2022

The Segment Result in the third quarter was 842million, compared with 761million in the second quarter of the 2022 fiscal year.

Key Points: 
  • The Segment Result in the third quarter was 842million, compared with 761million in the second quarter of the 2022 fiscal year.
  • The Segment Result Margin improved slightly, from 23.1percent in the second quarter to 23.3percent in the third quarter.
  • The third-quarter non-segment result was a net loss of 152million, compared with a net loss of 143million in the second quarter.
  • Diluted earnings per share from continuing operations increased from 0.35 in the second quarter to 0.40 in the third quarter.

DGAP-News: Infineon Technologies AG: CONTINUED STRONG DEMAND DESPITE GLOBAL UNCERTAINTIES: REVENUE AND SEGMENT RESULT BOTH UP IN Q2 FY 2022, OUTLOOK FOR FULL FISCAL YEAR RAISED AGAIN

Retrieved on: 
Monday, May 9, 2022

The Segment Result increased to 761 million, compared with 717 million in the previous three-month period, with the Segment Result Margin improving slightly from 22.7 percent to 23.1 percent.

Key Points: 
  • The Segment Result increased to 761 million, compared with 717 million in the previous three-month period, with the Segment Result Margin improving slightly from 22.7 percent to 23.1 percent.
  • The second-quarter non-segment result was a net loss of 143 million, compared to a net loss of 100 million in the first quarter.
  • Operating profit for the second quarter of the 2022 fiscal year amounted to 618 million, compared with 617 million in the previous three-month period.
  • The financial result amounted to minus 43 million, compared with minus 45 million one quarter earlier.