Broadcom names Duane R. Dickhut to replace Raju Vegesna as the head of its 'Funny Names' subsidiary

March 26, 2003

1 Min Read

IRVINE, Calif. -- Broadcom Corporation (Nasdaq: BRCM), the leading provider of integrated circuits enabling broadband communications, today announced that Duane R. Dickhut has been named to lead its ServerWorks subsidiary, replacing Raju Vegesna as the head of that business.

Mr. Dickhut, who previously headed Broadcom's Broadband Processor Business Unit, has considerable executive experience in management and growing businesses at both the semiconductor and system levels. Prior to joining Broadcom in January 2003, he held senior positions with SONICblue, Inc., Compaq Computer Corporation and Digital Equipment Corporation. "With Duane's extensive experience in server markets, including general manager positions as head of Digital's NT Server Business as well as its PC Server Business, he is eminently well-suited to guide ServerWorks as it faces future challenges and opportunities," said Alan E. "Lanny" Ross, Broadcom's President and CEO. "Raju brought ServerWorks from a start-up enterprise to a position of industry leadership," said Mr. Ross. "Recently, there have been disagreements between the ServerWorks and Broadcom management teams over a number of operational issues and the strategic direction of ServerWorks and how the business fits into Broadcom's long-term plans. In view of concern over these issues, we felt that Broadcom's long-term interests would be best served by the actions we have taken today." Broadcom Corp.

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