Silicon Laboratories Inc. (SLAB) said Thursday that Necip Sayiner will step down as president and chief executive officer on April 18th, the day prior to the company's Annual Shareholder Meeting.
Tyson Tuttle, chief operating officer and a 15 year company veteran will be appointed as president and CEO at that time and will be nominated for election to the board of directors, Silicon Labs said in a statement.
Tyson Tuttle, 44, joined the company in 1997 and helped design the first product, a silicon DAA that subsequently achieved market share leadership in PCs, allowing the company to go public in 2000. Tuttle led the marketing effort behind the company's first RF products. He also spearheaded the development and market penetration strategy of the radio and video ICs, creating the broadcast business that represents about a third of the company today. Mr. Tuttle led the broadcast product lines until 2010 when the R&D team was consolidated under his leadership as chief technology officer.
Tuttle then took over as chief operating officer and for the last year has been responsible for managing all of the company's business units and R&D.
by RTT Staff Writer
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