Cadence boss takes on Credo chair

Cadence boss takes on Credo chair

Business news |
By Nick Flaherty

SerDes specialist Credo Semiconductor has appointed the former chief executive of Cadence Design Systems as its new chairman

Lip-Bu Tan has taken on the role of Chairman of the Board of the company, which supplies chips for 100G, 200G, 400G, and 800G networking. He remains executive chairman at Cadence and is also Chairman of Walden International, a venture capital firm he founded in 1987.

He is joined by Sylvia Acevedo who is on the board at Qualcomm and Manpreet Khaira, co-founder, Chairman, President and CEO of Avnera, a manufacturer of low-power analog systems-on-chip technology for audio, voice, speech, and sensor applications which was acquired by Skyworks Solutions in August 2018. Khaira remains Vice President and General Manager of Skyworks.

“The creation and consumption of data continues to grow across verticals such as e-commerce, health care, education, entertainment and more. I have been working with the Credo team for several years as they have developed innovative high-speed solutions that address the wired connectivity challenges to support the exponential growth in bandwidth requirements. I am thrilled to accept the role of Chairman, and l look forward to working with the entire team, including Sylvia and Manpreet,” said Lip-Bu Tan.

“I am honoured to welcome these world class-leaders to the Credo board and extremely pleased that Lip-Bu has taken on the role of Chairman,” said Bill Brennan, CEO of Credo. “Continuing to develop break-through connectivity infrastructure technology is more important than ever. The proven leadership of Lip-Bu, Sylvia, and Manpreet will help guide our technology development decisions and business practices as we continue to work on delivering industry leading, high-speed solutions.”

“It is an exciting time to join the Credo board,” said Sylvia Acevedo. “Credo’s an upstart – pushing the boundaries of how we address the needs of the data infrastructure market. The leadership team has a dynamic approach to customer engagements, steeped in solid technical fundamentals, and at the same time they are building and investing in a world-class talented team to keep pushing those boundaries.”

“It’s exciting to join the Credo board as data creation, consumption and communication continues to increase exponentially,” said Manpreet Khaira. “This Credo team has developed a solid foundation with their SerDes technology that I believe will help them continue to gain traction as they deliver new high-speed solutions for the data infrastructure market.”

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