MaxLinear Announces the Appointment of Steven Litchfield as its Chief Financial Officer & Chief Corporate Strategy Officer
July 02 2018 - 8:12AM
Business Wire
- Steve Litchfield joins MaxLinear as
Chief Financial Officer and Chief Corporate Strategy Officer. Mr.
Litchfield previously served as the Executive Vice President and
Chief Strategy Officer of Microsemi Corporation.
MaxLinear, Inc. (NYSE: MXL), a leading provider of radio
frequency (RF), analog and mixed-signal integrated circuits for the
connected home, wired and wireless communications infrastructure,
and industrial and multimarket applications, today announced that
Mr. Steven Litchfield has been appointed as its Chief Financial
Officer and Chief Corporate Strategy Officer.
“I am excited to join MaxLinear and its outstanding management
team. MaxLinear is at a critical juncture in its young history as
it transforms into a large communications networking technology
company. MaxLinear has an established track record of product and
technology innovation and I am eager to contribute to building and
expanding its business,” said Steven Litchfield, Chief Financial
Officer and Chief Corporate Strategy Officer of MaxLinear.
Mr. Litchfield, age 49, most recently served as Executive Vice
President and Chief Strategy Officer of Microsemi Corporation, a
provider of analog and mixed-signal semiconductor solutions that
was acquired by Microchip Technology, Inc. in May 2018. Mr.
Litchfield served in that position from 2009 until the closing of
the acquisition by Microchip. Previously, he served as Microsemi’s
Vice President, Analog and Mixed Signal Group from 2006 to 2009, as
its Vice President, Corporate Marketing and Business Development
from 2003 to 2006, and as its Director, Business Development from
2001 to 2003. Prior to joining Microsemi, Mr. Litchfield was an
equity research analyst at Banc of America Securities and a
production engineer at Toyota Motor Corporation. Mr. Litchfield
also serves on the board of directors of several early stage
technology companies that are not publicly traded. He holds a
Bachelor of Science in industrial engineering from Purdue
University and a Master of Business Administration from the
University of Southern California Marshall School of Business.
“I am excited to have Steve join us as our Chief Financial
Officer and Chief Corporate Strategy Officer. Steve’s breadth and
depth of leadership experience in strategic planning, mergers and
acquisitions, corporate-wide financial planning, and general
management roles will prove to be incredibly valuable for us as we
continue to scale and transform the diversity of our business,”
commented Dr. Kishore Seendripu, Chairman and CEO of MaxLinear.
About MaxLinear, Inc.
MaxLinear, Inc. (NYSE:MXL), a leading provider of radio
frequency (RF), analog and mixed-signal integrated circuits for the
connected home, wired and wireless infrastructure, and industrial
and multimarket applications. MaxLinear is headquartered in
Carlsbad, California. For more information, please visit
www.maxlinear.com.
MxL and the MaxLinear logo are trademarks of MaxLinear, Inc.
Other trademarks appearing herein are the property of their
respective owners.
Cautionary Note About Forward-Looking Statements
This press release contains “forward-looking” statements within
the meaning of federal securities laws. Forward-looking statements
include, among others, statements concerning or implying
MaxLinear’s future financial performance, including the potential
growth of its business; trends and opportunities affecting
MaxLinear generally; and the ability of MaxLinear’s management
personnel to contribute to the growth and financial performance of
its business. These statements involve known and unknown risks,
uncertainties, and other factors that may cause actual results to
be materially different from any future results expressed or
implied by these forward-looking statements. MaxLinear’s business,
revenues, and operating results are and will be subject to
substantial risks and uncertainties, including (among others)
substantial competition in MaxLinear’s target markets from larger
and more established semiconductor companies; uncertainties
concerning how end user markets for MaxLinear’s products will
develop; market acceptance for new product introductions;
MaxLinear’s dependence on a limited number of customers for a
substantial portion of revenues; its ability to continue to develop
and introduce new and enhanced products on a timely basis; and
potential decreases in average selling prices for its products. In
addition to these risks and uncertainties, investors should review
the risks and uncertainties contained in MaxLinear’s filings with
the United States Securities and Exchange Commission (SEC),
including risks and uncertainties identified in its Annual Report
on Form 10-K for the fiscal year ended December 31, 2017 and its
Quarterly Report on Form 10-Q for the quarter ended March 31, 2018,
in each case as filed with the SEC.
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version on businesswire.com: https://www.businesswire.com/news/home/20180702005230/en/
MaxLinear Inc. Press Contact:The David James Agency
LLCDavid Rodewald+1
805-494-9508david@davidjamesagency.comorMaxLinear Inc. Corporate
Contact:Gideon MasseyRevenue and Investor Relations
Manager949-333-0056gmassey@maxlinear.com
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