Digital entertainment technology solutions provider Rovi Corp. (ROVI) announced Thursday the promotion of Tom Carson to be its new president and chief executive officer, effective immediately. Carson succeeds Alfred Amoroso, who has held the positions since July 2005.
The Santa Clara, California-based company noted that Carson has also been elected to the Rovi board. Meanwhile, Amoroso has agreed to assist the board and Carson during a transition period.
"The Board of Directors is confident that Tom Carson is the right person to lead the Company. Our belief in Rovi's direction and strategy played a significant role in our selection process. Rovi is fortunate to have deep management strength and Tom has the skill-set and global expertise essential to lead this outstanding group," Chairman Andy Ludwick said in a statement.
Most recently, Carson served as the executive vice president of worldwide sales and marketing at Rovi, after joining the company in May 2008 through the acquisition of Gemstar-TV Guide International.
During his two years at Gemstar, he served in various executive positions, including being president of the North American IPG business and president for North American CE business. He came to Gemstar after holding a variety of executive positions at Thomson Corp., including being executive vice president of global sales and services.
"Tom has been instrumental in expanding the Company globally, especially in gaining traction with new solutions, which has led to our great success. Tom embodies key aspects of the Rovi culture through his ability to foster effective teamwork, focus on business execution and build customer relationships," Amoroso noted.
Amoroso served as president and CEO and a member of Rovi board since July 2005. He joined Rovi after serving as an adviser to investment firm Warburg Pincus from September 2004 to June 2005. Prior to that, he also served as the president, CEO and vice chairman of Meta Group, an information technology research and advisory firm, from July 2002 to August 2004.
From October 1999 until its merger with IBM in January 2002, Amoroso served as president, CEO and a director of CrossWorlds Software, Inc. Prior to that, he was a member of the world-wide management committee of IBM, and held various other executive positions at IBM. HE also held various positions at PricewaterhouseCoopers.
ROVI closed Wednesday's regular trading session at $24.56, down $0.66 on a volume of 2.68 million shares.
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