Entropic Communications Names Charlie Lesko as Senior Vice President of Worldwide Sales
July 25 2012 - 8:00AM
Entropic Communications, Inc. (Nasdaq:ENTR), a world leader in
semiconductor solutions for the connected home, today announced the
appointment of Mr. Charlie Lesko as senior vice president of
Worldwide Sales. Effective immediately, Lesko will be responsible
for leading the expansion of the Company's global customer base
across its set-top box and connectivity business groups. He will
report directly to Patrick Henry, Entropic's president and CEO, and
will be based at the Company's headquarters in San Diego, Calif.
Lesko comes to Entropic with more than 20 years of semiconductor
sales and business experience having served in executive management
positions at leading companies: CSR, plc., AMI Semiconductor and
Broadcom Corporation to name a few.
"Charlie is a strong addition to the Entropic team, bringing a
proven track record of articulating and delivering business value
to customers, enabling them to make more informed decisions about
their end-to-end semiconductor strategies," said Patrick Henry,
president and CEO, Entropic Communications. "Charlie's industry
expertise, analytical perspective and global sales successes will
enable us to maintain our current sales momentum and allow our
global customers to transform connected home entertainment
opportunities into profits."
Prior to joining Entropic, Lesko was senior vice president of
the Automotive Products Business Group at CSR, plc., the second
largest supplier of infotainment semiconductor devices to the
automotive industry and a leader in connectivity, applications
processing, video and imaging technology. During his tenure with
CSR, plc., Lesko also held the position of senior vice president,
Worldwide Sales.
"As the only pure-play platform semiconductor company in
connected home entertainment, Entropic has the focus and product
portfolio to capitalize on the convergence of broadcast and
broadband networks," said Lesko. "I look forward to leading
Entropic's worldwide sales organization and reinforcing the
Company's disciplined approach to revenue growth and international
market expansion."
Lesko holds an M.B.A. in Corporate Finance from the University
of Dallas and earned a bachelor's degree in Engineering from Stony
Brook University.
About Entropic Communications
Entropic Communications, Inc. (Nasdaq:ENTR) is a leading global
provider of silicon and software solutions to enable connected home
entertainment. The Company transforms how traditional HDTV
broadcast and streaming video content is seamlessly, reliably, and
securely delivered, processed, and distributed into and throughout
the home. Entropic's next-generation home connectivity and set-top
box system-on-a-chip (SoC) solutions enable Pay-TV service
providers to offer consumers a more captivating whole-home
entertainment experience by delivering new, high-performing ways to
connect, engage, and enjoy multimedia content. For more
information, visit Entropic at: www.entropic.com.
The Entropic Communications logo is available at
http://www.globenewswire.com/newsroom/prs/?pkgid=4255
Forward-Looking Statements
Statements in this press release that are not strictly
historical in nature constitute "forward-looking statements." Such
statements include, but are not limited to, statements regarding
Lesko's expertise and expected future contributions. Such
forward-looking statements involve known and unknown risks,
uncertainties and other factors which may cause Entropic's actual
results to be materially different from historical results or from
any results expressed or implied by such forward-looking
statements. These factors include, but are not limited to,
Entropic's dependence on key personnel and its ability to hire and
retain experienced management personnel; the risk that the market
for high-definition television-quality video and multimedia content
delivery solutions may not develop as anticipated; and other
factors discussed in the "Risk Factors" section of Entropic's
Annual Report on Form 10-Q for the three months ended March 31,
2012. All forward-looking statements are qualified in their
entirety by this cautionary statement. Entropic is providing this
information as of the date of this release and does not undertake
any obligation to update any forward-looking statements contained
in this release as a result of new information, future events or
otherwise.
Copyright © 2012 Entropic Communications, Inc. All rights
reserved. All other product or company names mentioned are used for
identification purposes only and may be trademarks of their
respective owners.
CONTACT: Investor Contact:
Debra Hart
+1 858.768.3852
debra.hart@entropic.com
Media/Industry Analyst Contact:
Chris Fallon
+1 858.768.3827
chris.fallon@entropic.com
ERShares Entrepreneurs ETF (NASDAQ:ENTR)
Historical Stock Chart
From Jun 2024 to Jul 2024
ERShares Entrepreneurs ETF (NASDAQ:ENTR)
Historical Stock Chart
From Jul 2023 to Jul 2024