SUNNYVALE, Calif.--(BUSINESS WIRE)--
Rambus Inc. (NASDAQ:RMBS), one of the world's premier technology
licensing companies, announced today that its Board of Directors has
appointed Dr. Ronald Black as president, chief executive officer and
director. Dr. Black replaces Harold Hughes who announced earlier this
year his plans to retire from the position of president and chief
executive officer. Mr. Hughes will remain on the Rambus Board of
Directors.
"We are pleased to have Ron join Rambus. Ron's experience in managing
through complex businesses at various levels and helping them achieve
objectives make him an excellent fit for the next phase of Rambus," said
J. Thomas Bentley, chairman of the Rambus Board of Directors. "Harold
has done an excellent job putting Rambus in a solid position for growth
and we look forward to his continued contributions as a Board member."
"Rambus has a long history of strong technology development with some of
the world's best inventors solving some very tough problems. There are
tremendous opportunities ahead in the lighting and security businesses
as well as in the traditional semiconductor business," said Dr. Black,
president and CEO of Rambus. "I am very excited about the future of
Rambus and I look forward to helping lead this innovative team."
Dr. Black has over 20 years of experience managing businesses and
running companies in global semiconductor and mobile markets. Prior to
Rambus, Dr. Black held positions of chief executive officer for
MobiWire, formerly Sagem Wireless, UPEK, which later merged with
AuthenTec, and Wavecom, a publicly-traded French wireless solutions
company. In addition, Dr. Black has served as executive vice president
of the Client Systems Group at Agere Systems as well as holding a number
of senior executive roles at other companies, including Motorola and IBM
Microelectronics. Dr. Black holds a Bachelor of Science, a Masters of
Science, and a Ph.D. in materials science and engineering from Cornell
University.
Audio Conference Call and Webcast Scheduled
Rambus will discuss this announcement during a special conference call
today at 1:30 p.m. PT. The call will be webcast and can be accessed
through the Rambus website. A replay will be available following the
call on Rambus' Investor Relations website or for one week at the
following numbers: (855) 859-2056 (domestic) or (404) 537-3406
(international) with ID# 95079698.
About Rambus Inc.
Founded in 1990, Rambus is one of the world's premier technology
licensing companies. As a company of inventors, Rambus focuses on the
development of technologies that enrich the end-user experience of
electronic systems. Its breakthrough innovations and solutions help
industry-leading companies bring superior products to market. Rambus
licenses both its world-class patent portfolio, as well as its family of
leadership and industry-standard solutions. Rambus has offices in
California, North Carolina, Ohio, India, Germany, Japan, Korea, and
Taiwan. Additional information is available at www.rambus.com.
RMBSFN
Rambus Public Relations
Linda Ashmore, 408-462-8411
lashmore@rambus.com
Source: Rambus Inc.
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