SAN DIEGO -- Entropic (Nasdaq:ENTR) today announced that its Board of Directors has appointed board member Dr. Ted Tewksbury as interim President and Chief Executive Officer, effective immediately. Dr. Tewksbury succeeds Patrick Henry, who is leaving the Company and stepping down from Entropic's Board of Directors.
Dr. Tewksbury joined Entropic's Board of Directors in September 2010. He is the former President and CEO of Integrated Device Technology, Inc., where he directed IDT's transformation into a premier analog and mixed signal semiconductor provider, delivering system level solutions.
More recently, he served as an independent consultant to various private equity firms and technology companies. Dr. Tewksbury brings thirty years of broad-based semiconductor industry leadership and significant boardroom experience to the role. As interim President and CEO, Dr. Tewksbury will work closely with Entropic's executive team and Board of Directors to oversee the Company's ongoing operations and strategic initiatives, including the ongoing review of strategic alternatives.
Dr. Tewksbury will remain on Entropic's Board, but will no longer serve on its Compensation Committee.
Entropic Communications Inc. (Nasdaq: ENTR)