Summit Wireless Strengthens its Board of Directors with the Appointment of Lisa Cummins Dulchinos
June 24 2019 - 7:00AM
Business Wire
- Seasoned CFO Brings Years of Industry
Expertise to the Company -
Summit Wireless Technologies, Inc. (NASDAQ: WISA), a leading
provider of immersive, wireless sound technology for intelligent
devices and next-generation home entertainment systems and founding
member of the WiSA Association, today announced the appointment of
Lisa Cummins Dulchinos, 49, to its Board of Directors. She will
replace Michael Fazio and the number of directors will remain at
eight.
“We are thrilled to have Lisa join our board,” said Summit
Wireless President and CEO Brett Moyer. “She is a seasoned CFO who
has led financial and operational teams at both private and public
companies. Lisa not only has experience in M&A and strategic
partnerships, she understands the semiconductor business. Her
skills and experience will be key to Summit as we move toward our
goal of establishing the WiSA standard as the brand trusted by
consumers for wireless immersive sound for smart devices.”
Moyer concluded, “Michael Fazio is leaving to focus on managing
MARCorp Financial LLC, a private equity firm located in Chicago.
Michael has been instrumental in building Summit Wireless and we
thank him for his years of service.”
About Lisa Cummins Dulchinos
Lisa Cummins Dulchinos currently serves as Chief Financial
Officer and Chief Operating Officer for Ayar Labs, a venture backed
startup that is developing an optical based “chiplet” to provide
high speed, high density & low power to replace traditional
electrical based IO. She joined Ayar Labs in January 2019 after
overseeing a successful sale of Penguin Computing, a private equity
backed company, to Smart Global Holdings in June 2018. Prior to
that, she was Chief Financial Officer at Adept Technology, a NASDAQ
publicly traded global robotics company, where she oversaw investor
relations, led SOX compliance, completed multiple acquisitions, and
secured bank and equity financing including a secondary public
offering. Cummins brings over 25 years of experience as a growth
oriented financial executive in global high-tech organizations.
Lisa earned a Business Economics degree from University of
California Santa Barbara and a Masters in Business Administration
from St. Mary’s College.
About Summit Wireless Technologies, Inc.
Summit Wireless Technologies, Inc. (NASDAQ: WISA) is a leading
provider of immersive, wireless sound technology for intelligent
devices and next generation home entertainment systems. Working
with leading CE brands and manufacturers such as Harman
International, a division of Samsung, LG Electronics, Klipsch, Bang
& Olufsen, Xbox, a subsidiary of Microsoft, and others, Summit
Wireless delivers seamless, dynamic audio experiences for
high-definition content, including movies and video, music, sports,
gaming/esports, and more. Summit Wireless is a founding member of
WiSA, the Wireless Speaker and Audio Association and works in joint
partnership to champion the most reliable interoperability
standards across the audio industry. Summit Wireless, formerly
named Summit Semiconductor, Inc., is headquartered in San Jose, CA
with sales teams in Taiwan, China, Japan, and Korea. For more
information, please visit: www.summitwireless.com.
© 2019 Summit Wireless Technologies, Inc. All rights reserved.
Summit Wireless Technologies and the Summit Wireless logo are
trademarks of Summit Wireless Technologies, Inc.
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version on businesswire.com: https://www.businesswire.com/news/home/20190624005181/en/
Mary Magnani and Kirsten Chapman, LHA Investor Relations, +1
415-433-3777, summit@lhai.com
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