InterDigital Adds Philip Trahanas to Board of Directors
February 01 2016 - 05:22PM
InterDigital, Inc. (NASDAQ:IDCC), a mobile technology research and
development company, today announced the appointment of Philip
Trahanas to the company's Board of Directors. Mr. Trahanas brings
two decades of broad investment and board leadership experience
with an emphasis in the technology field supported by his
background in engineering.
Most recently, until the end of 2014, Mr. Trahanas was a
Managing Director at General Atlantic LLC, a leading global private
equity firm with over $17 billion in assets under management and a
significant focus in technology and related industry investments.
At General Atlantic, he served as a senior investment leader during
a significant growth phase of the firm’s history, and sat on the
boards of directors of a range of public and private portfolio
companies.
“Phil’s tremendous insight and track record of value creation
will be a strong asset for InterDigital as we strive to focus on
our investor objectives and explore new avenues of growth,” said S.
Douglas Hutcheson, Chairman of the Board of InterDigital. “His
areas of expertise represent tremendous additions to our Board, and
should help guide the company to reap maximum benefit from the
forces constantly reshaping the mobile technology industry.”
“We’re very pleased Phil has joined our board, and his addition
further broadens the range of expertise that our board brings to
bear in guiding the company,” said William J. Merritt, President
and CEO of InterDigital. “His track record of understanding
technology directions, investing in companies that are reshaping
technology, and helping to guide those companies to growth is
tremendous, and will be of tremendous benefit to InterDigital and
its shareholders.”
Prior to joining General Atlantic in 2000, Mr. Trahanas worked
in the mergers & acquisitions team at Morgan Stanley, and he
began his career as an electrical engineer with General Electric.
He holds both a Master of Science in Engineering and an MBA from
the University of Pennsylvania (completed concurrently) and a
Bachelor of Engineering in Electrical Engineering from The Cooper
Union for the Advancement of Science & Art in New York. He has
also served on the board of directors of QTS Realty Trust, Inc.
(NYSE:QTS) since 2009.
About InterDigital®
InterDigital develops mobile technologies that are at the core
of devices, networks, and services worldwide. We solve many of the
industry's most critical and complex technical challenges,
inventing solutions for more efficient broadband networks and a
richer multimedia experience years ahead of market deployment.
InterDigital has licenses and strategic relationships with many of
the world's leading wireless companies. Founded in 1972,
InterDigital is listed on NASDAQ and is included in the S&P
MidCap 400® index.
InterDigital is a registered trademark of InterDigital, Inc.
For more information, visit: www.interdigital.com.
InterDigital Contact:
Patrick Van de Wille
Email: patrick.vandewille@interdigital.com
+1 (858) 210-4814
InterDigital (NASDAQ:IDCC)
Historical Stock Chart
From Feb 2024 to Mar 2024
InterDigital (NASDAQ:IDCC)
Historical Stock Chart
From Mar 2023 to Mar 2024