SAN JOSE, Calif. -- Xilinx, Inc. (NASDAQ: XLNX) today announced that Moshe Gavrielov, 53, has been appointed president and chief executive officer (CEO), succeeding Willem P. Roelandts, 63, who remains chairman of the board. Gavrielov becomes only the third Xilinx CEO in its 24-year history, and brings nearly 30 years of executive management and engineering experience with semiconductor and software companies to Xilinx.

Gavrielov's appointment is effective immediately. Most recently, Gavrielov served as executive vice president and general manager of the fast-growing verification division at Cadence Design Systems, Inc. Before that, Gavrielov spent seven years as CEO of Verisity Ltd., where he grew the company from a $4M start-up, taking it through its initial public offering (IPO) in 2001 to a $70M publicly-traded company, and ultimately to its acquisition by electronic design automation leader Cadence in 2005.

"Moshe has an excellent track record in building semiconductor and software businesses, applying an outstanding blend of strategic, analytic, business and leadership skills," said Chairman Roelandts. "Equally important is his commitment to a culture of innovation that honors the contributions of each and every employee, in keeping with the core values upon which Xilinx has been built over the past 24 years. Moshe's selection was approved unanimously by our board of directors, and we're fully confident that he is the right person to lead Xilinx through its next stage of growth."

Xilinx Inc. (Nasdaq: XLNX)