Rambus Chief Financial Officer Satish Rishi to Retire in August
May 24 2016 - 8:30AM
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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version on businesswire.com: http://www.businesswire.com/news/home/20160524005527/en/
For RambusSimone Souza,
408-462-8859ssouza@rambus.comorFrom Racepoint GlobalHilary
Costa, 415-694-6705hcosta@racepointglobal.com
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