Tessera Technologies Inc. (TSRA) announced that Henry Nothhaft, current vice chairman of the board, will become president and chief executive officer, effective immediately.
The company noted that its chairman, president and chief executive officer Bruce McWilliams is transitioning to a new role as chief strategy officer. McWilliams, who held the role of president and chief executive since 1999, will remain full-time chairman of company's board of directors.
Tessera noted that Nothhaft joined its board of directors in 2004 and joined company as a full-time employee in April of this year in the role of vice chairman.
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