Inphi Announces Dado Banatao as Chairman Emeritus
August 03 2020 - 4:30PM
Inphi Corporation (NYSE: IPHI), a leader in high-speed data
movement interconnects, announced today that Mr. Diosdado Banatao
has retired from the Board of Directors effective July 29,
2020. Banatao will continue in his new role as Chairman Emeritus
and will be engaged as an advisor to Inphi.
“I'm grateful to have had the opportunity to serve as Chairman
of Inphi since its incorporation in December 2000, working
alongside great directors, gifted engineers and a tireless
management team that has successfully scaled and strategically
positioned Inphi as a well-respected market leader,” said Banatao.
“This year marks the 20th anniversary of Inphi’s founding and its
10th anniversary as a public company, milestones that mark a
perfect opportunity for me to retire from my current role and pass
on the Chairman role to its next leader. I’m extremely proud
of the company’s accomplishments and I have great optimism about
Inphi’s future and continued market leadership.”
“It’s been a tremendous honor and privilege to have worked with
Dado over the years,” said Ford Tamer, President and CEO, Inphi.
“We are grateful for his experience, perspectives and contribution,
which have helped shape Inphi’s strategy and vision. He was
instrumental in forming the company from the very beginning and we
wish him continued success in his future endeavors.”
“On behalf of the Inphi team, I would like to thank Dado for his
early investments and long-term stewardship of Inphi through our
phases of development. If it weren’t for Dado, we wouldn’t be
here today,” said Dr. Loi Nguyen, Founder and Senior Vice
President, Optical Interconnect at Inphi. “Dado’s lasting
impression on our culture and values will prove timeless and he
will be missed.”
Banatao served on the Inphi Board and as chairman of its Board
since December 2000, overseeing Inphi’s start-up capital raising
efforts, its development as a private company, its initial public
offering and strategy as a publicly held corporation. During his
tenure, Banatao also served as Inphi’s Interim President and Chief
Executive Officer from October 2006 to August 2007.
About Inphi Inphi Corporation is a leader in
high-speed data movement interconnects. We move big data – fast,
throughout the globe, between data centers, and inside data
centers. Inphi’s expertise in signal integrity results
in reliable data delivery, at high speeds, over a variety of
distances. As data volumes ramp exponentially due to video
streaming, social media, cloud-based services, and wireless
infrastructure, the need for speed has never been greater. That’s
where we come in. Customers rely on Inphi’s solutions to develop
and build out the Service Provider and Cloud infrastructures, and
data centers of tomorrow. To learn more about Inphi,
visit www.inphi.com or connect with Inphi on Twitter or
Linkedin.
Inphi, the Inphi logo and Think fast are registered trademarks
of Inphi Corporation. All other trademarks used herein are the
property of their respective owners.
Corporate Contact:
Kim Markle
408-217-7329
kmarkle@inphi.com
Investor Contact:
Vernon P. Essi, Jr.
408-606-6524
vessi@inphi.com
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