Wireless Telecom Group Adds C. Scott Gibson to Board of Directors as Vice Chairman
April 05 2021 - 4:05PM
Wireless Telecom Group, Inc. (NYSE American: WTT), (the
“Company”) announced today the appointment of C. Scott Gibson to
serve as an independent member and Vice Chairman of its Board of
Directors (the “Board”). The Company also announced the formation
of a Board Strategy Oversight Committee which Mr. Gibson will chair
and will include existing directors Mike Millegan and Mitch
Herbets. The purpose of the committee will be to contribute to the
Company’s long-term strategic planning, product and technology
roadmap and research and development strategy. Furthermore, current
Board members Joseph M. Manko Jr. and Joseph Garrity have announced
they will not seek re-election to the Board at the next annual
meeting of shareholders.
Alan Bazaar, Chairman of the Board, commented,
“We are pleased and excited to welcome Scott Gibson as Vice
Chairman of the Board. His experience in the semiconductor industry
and experience with telecommunications software solutions make him
ideally suited to lead the Board’s Strategy Oversight Committee.
Additionally, his experience on public boards and leading strategy
development are expected to greatly contribute to our long-term
planning and 5G solution development. I look forward to working
with Scott as the Company addresses transformational growth
opportunities, supported by 5G adoption and long-term secular
investments. I also would like to thank Joseph Manko and Joseph
Garrity for their invaluable contributions to the Board and the
Company during their tenures.”
Mr. Gibson started his career at Intel
Corporation serving as General Manager of Memory Components
Operation. He then co-founded and served as President, and Co-CEO
of Sequent Computer Systems, Inc., a computer systems company,
which grew from a start-up to over $300 million in annual sales.
Mr. Gibson also served on the Board of Radisys, a global leader of
open technology telecommunications solutions, joining the Board in
1992 shortly after its start-up in 1987, and served as Chairman
from 1992-2017, through its IPO, transitioning to his successor
just ahead of the Company’s sale to Reliance in 2018. Mr. Gibson
has spent more than the past five years serving on public company
boards full-time. He is currently the Chair of the Board of
Directors of Northwest Natural Holding Company, a provider of water
and wastewater distribution and natural gas services, and is an
independent member of the Board of Directors of Pixelworks, a
provider of video and pixel processing semiconductors and software.
Mr. Gibson previously served as a director for several other
technology companies including, Verigy Ltd. and TriQuint
Semiconductor, Inc., which subsequently merged with RF Micro
Devices, Inc. and became Qorvo, Inc. During Mr. Gibson’s Board
oversight role, TriQuint / Quorvo grew from less than $20 million
per year to over $3 billion in annual sales. Mr. Gibson serves as
Trustee of St. John’s Health, and the Community Foundation of
Jackson Hole. Mr. Gibson holds a B.S.E.E. and a M.B.A. from the
University of Illinois.
- END -
About Wireless Telecom
Group
Wireless Telecom Group, Inc.,
comprised of Boonton, CommAgility, Holzworth, Microlab, and
Noisecom, is a global designer and manufacturer of advanced RF and
microwave components, modules, systems, and instruments. Serving
the wireless, telecommunication, satellite, military, aerospace,
semiconductor, and medical industries, Wireless Telecom Group
products enable innovation across existing and emerging wireless
technologies. With a product portfolio including peak power meters,
signal generators, phase noise analyzers, signal processing
modules, LTE PHY/stack software, power splitters and combiners, GPS
repeaters, public safety components, noise sources, and
programmable noise generators, Wireless Telecom Group supports the
development, testing, and deployment of wireless technologies
around the globe.
Wireless Telecom Group, Inc.’s website address
is wirelesstelecomgroup.com. Except for historical information, the
matters discussed in this news release may be considered
"forward-looking" statements within the meaning of Section 27A of
the Securities Act of 1933, as amended, and Section 21E of the
Securities Exchange Act of 1934, as amended. Such statements
include declarations regarding the intent, belief, or current
expectations of the Company and its management. Prospective
investors are cautioned that any such forward-looking statements
are not guarantees of future performance and involve a number of
risks and uncertainties that could materially affect actual
results. Such risks and uncertainties are identified in the
Company's reports and registration statements filed with the
Securities and Exchange Commission, including its Annual Report on
Form 10-K for the year ended December 31, 2020.
Investor Contact
Mike Kandell: +1 (973) 386-9696
SM Berger & Company: +1 (216) 464-6400
Marketing ContactMaria Droge:
+1 (973) 386-9696Wireless Telecom Group Inc.
25 Eastmans Road
Parsippany, NJ 07054
Tel: (973) 386-9696
Fax: (973) 386-9191
www.wtcom.com
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