SUNNYVALE, Calif.--(BUSINESS WIRE)--
Rambus
Inc. (NASDAQ:RMBS) today announced that chief financial
officer Satish Rishi plans to retire from Rambus in the first week of
August, following the filing of the company's quarterly report for the
second quarter of 2016. Rambus has commenced a search for his
replacement and Mr. Rishi will assist during the succession process.
"Satish has been a tremendous asset as we worked to reposition Rambus
and began augmenting our patent licensing model by providing valued
products and services," said Dr. Ron Black, president and chief
executive officer of Rambus. "It has been a pleasure working with Satish
- I appreciate his focus on driving operating margins, counsel in M&A
transactions, and in re-building our relationships with institutional
shareholders."
"I am proud of the transformation the company has made over the past few
years and I believe Rambus is on the right trajectory," said Satish
Rishi. "I look forward to watching the company continue its success."
Mr. Rishi served as the chief financial officer of Rambus since April
2006. Prior to Rambus, Satish held senior financial management positions
at semiconductor and electronic manufacturing companies, serving as the
vice president and assistant treasurer at Dell Computer. He also spent
13 years at Intel, holding financial management positions both in the US
and overseas.
To learn more about Rambus, visit rambus.com
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About Rambus Inc.
Rambus creates cutting-edge semiconductor and IP products, spanning
memory and interfaces to security, smart sensors and lighting. Our
chips, customizable IP cores, architecture licenses, tools, services,
training and innovations improve the competitive advantage of our
customers. We collaborate with the industry, partnering with leading
ASIC and SoC designers, foundries, IP developers, EDA companies and
validation labs. Our products are integrated into tens of billions of
devices and systems, powering and securing diverse applications,
including Big Data, Internet of Things (IoT), mobile, consumer and media
platforms. At Rambus, we are makers of better. For more information,
visit rambus.com.
RMBSFN
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For Rambus
Simone Souza, 408-462-8859
ssouza@rambus.com
or
From
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Hilary Costa, 415-694-6705
hcosta@racepointglobal.com
Source: Rambus Inc.
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