Xilinx CEO Announces Retirement

SAN JOSE, Calif., Aug. 7 /PRNewswire-FirstCall/ -- Xilinx, Inc. (NASDAQ: XLNX) today announced that Willem P. Roelandts, 62, President, Chief Executive Officer and Chairman of the Board intends to retire from the positions of President and Chief Executive Officer. A committee of the Company's Board of Directors has been formed to begin an immediate search for a successor, evaluating both external and internal candidates. Roelandts will remain Chief Executive Officer until a successor is named. Upon retirement, Roelandts will continue to serve as Chairman of the Board.

(Logo: http://www.newscom.com/cgi-bin/prnh/20020822/XLNXLOGO)

At the helm of Xilinx since 1996, Roelandts led the company through an intense period of change within the semiconductor industry, growing Xilinx sales from $560 million to over $1.8 billion. During his tenure, Roelandts significantly expanded the Company's global business and initiated its successful market diversification strategy to better address high-growth end markets, including consumer, automotive, industrial and defense. These markets have grown from 12 percent of total revenues in fiscal year 2002 to 45 percent of total revenues today.

This release contains forward-looking statements and projections. Forward-looking statements and projections can often be identified by the use of forward-looking words such as "may," "will," "could," "should," "expect," "believe," "anticipate," "estimate," "continue," "plan," "intend," "project" or other similar words. Undue reliance should not be placed on such forward- looking statements and projections, which speak only as of the date they are made. Actual events and results may differ materially from those in the forward-looking statements and are subject to risks and uncertainties including the ability to retain a qualified CEO candidate in the timeframe noted above and other risk factors listed in our most recent Form 10-K.

About Xilinx

Xilinx, Inc. (NASDAQ: XLNX) is the worldwide leader of programmable logic solutions. Additional information about Xilinx is available at http://www.xilinx.com.

    #0795

    Investor Relations Contact:
    Lori Owen
    Xilinx, Inc.
    (408) 879-6911
    
Email Contact

    Editorial Contact:
    Lisa Washington
    Xilinx, Inc.
    (408) 626-6272
    
Email Contact

Web site: http://www.xilinx.com//




Review Article Be the first to review this article

ALDEC:

Featured Video
Editorial
Peggy AycinenaWhat Would Joe Do?
by Peggy Aycinena
Synopsys: Is 40 the new 20?
More Editorial  
Jobs
Senior DSP Architect / System Engineer for General Dynamics Mission Systems at Scottsdale, AZ
FAE FIELD APPLICATIONS SAN DIEGO for EDA Careers at San Diego, CA
Technical Marketing Manager Valley for EDA Careers at San Jose, CA
Technical Support Engineer for EDA Careers at Freemont, CA
Development Engineer-WEB SKILLS +++ for EDA Careers at North Valley, CA
Senior Physical Design Engineer for Ambiq Micro at Austin, TX
Upcoming Events
DesignCon 2017 at Santa Clara Convention Center Santa Clara CA - Jan 31 - 2, 2017
Embedded Neural Network Summit at San Jose CA - Feb 1, 2017
International Solid-State Circuits Conference (ISSCC) at San Francisco CA - Feb 5 - 9, 2017
Pan Pacific Microelectronics Symposium at Sheraton Poipu Kauai Resort Kauai HI - Feb 6 - 9, 2017
CST: Webinars Begin on February 9



Internet Business Systems © 2017 Internet Business Systems, Inc.
595 Millich Dr., Suite 216, Campbell, CA 95008
+1 (408)-337-6870 — Contact Us, or visit our other sites:
AECCafe - Architectural Design and Engineering TechJobsCafe - Technical Jobs and Resumes GISCafe - Geographical Information Services  MCADCafe - Mechanical Design and Engineering ShareCG - Share Computer Graphic (CG) Animation, 3D Art and 3D Models
  Privacy Policy