23.07.2007 20:05:00
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Silicon Laboratories Adds Industry Veteran to Executive Team
Silicon Laboratories Inc. (Nasdaq:SLAB) today announced the addition of
Mark Downing to the executive team in the newly established role of vice
president of strategy and business development. Mr. Downing, a twenty
year industry veteran, will support the evolution of the company’s
long-term strategy.
Mr. Downing will report to Necip Sayiner, chief executive officer, and
will be based in Austin, Texas. In addition to his focus on strategic
direction, Mr. Downing will be responsible for identifying new product
vectors and will assume responsibility for guiding the company’s
mergers and acquisition activity.
Mr. Downing brings a wealth of strategic marketing experience and
business development to the role. He most recently served as chief
executive officer and director of Enpirion, a private company offering
high-efficiency switching dc-dc converters. Prior to joining Enpirion,
Mr. Downing served as vice president of marketing for Micrel and was
responsible for defining strategic direction. Mr. Downing also served as
vice president of marketing at Pericom Semiconductor where he was
responsible for each of Pericom's four product lines and launching the
company in preparation for an initial public offering and subsequent
secondary public offering. From March 1988 until October 1997 Mr.
Downing served in various strategic planning, marketing, product line
management and applications management roles at National Semiconductor
Corp.
"We have a number of strategic opportunities
ahead of us as we apply our technology and significant financial
resources to expand our presence in the market,”
said Necip Sayiner, president and chief executive officer of Silicon
Laboratories. "We are at a positive inflection
point as a company and the timing is ideal to bring on a person of Mark’s
background and experience to assist in developing and executing on key
initiatives to help us to best leverage our unique technology.”
Mr. Downing holds a bachelor’s degree in
physics and a master’s degree in business
administration.
Silicon Laboratories Inc.
Silicon Laboratories is an industry leader in the innovation of
high-performance, analog-intensive, mixed-signal ICs. Developed by a
world-class engineering team with unsurpassed expertise in mixed-signal
design, Silicon Labs’ diverse portfolio of
highly integrated, easy-to-use products offers customers significant
advantages in performance, size and power consumption. These patented
solutions serve a broad set of markets and applications including
consumer, communications, computing, industrial and automotive.
Headquartered in Austin, TX, Silicon Labs is a global enterprise with
operations, sales and design activities worldwide. The company is
committed to contributing to our customers’
success by recruiting the highest quality talent to create
industry-changing innovations. For more information about Silicon Labs,
please visit www.silabs.com.
Cautionary Language
This press release may contain forward-looking statements based on
Silicon Laboratories’ current expectations.
These forward-looking statements involve risks and uncertainties. A
number of important factors could cause actual results to differ
materially from those in the forward-looking statements. For a
discussion of factors that could impact Silicon Laboratories' financial
results and cause actual results to differ materially from those in the
forward-looking statements, please refer to Silicon Laboratories’
filings with the SEC. Silicon Laboratories disclaims any intention or
obligation to update or revise any forward-looking statements, whether
as a result of new information, future events or otherwise.
Note to editors: Silicon Laboratories and the Silicon Labs logo are
trademarks of Silicon Laboratories Inc. All other product names noted
herein may be trademarks of their respective holders.
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Silicon Laboratories Inc. | 141,00 | -1,40% |
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