Integrated Device Technology, Inc. (IDT) announced on December 17, 2013 that Gregory L. Waters will join IDT as president and CEO starting January 6, 2014.
Waters is a mobile communications expert and enthusiast; he has managed significant analog semiconductor businesses since 1998. Prior to his new post at IDT, Waters served as executive vice president and general manager for Skyworks Solutions, where he led the company’s front-end solutions business to a decisive No. 1 industry position. Before Skyworks, he worked in several executive positions at Agere Systems, playing a key role in Agere’s successful IPO. Waters began his career at Texas Instruments, serving in a variety of management positions in sales, customer design centers and business unit management.
Waters holds a B.S. in engineering from the University of Vermont, and an M.S. in computer science from Northeastern University.
Mr. Schofield has been a director of the Company since April 2001 and has served as the Chairman of the Board of Directors since January 2008. Mr. Schofield brings to IDT extensive experience in the areas of executive management, global sales and marketing, risk analysis, corporate governance and administration. Mr. Schofield's experience is especially relevant to his roles as Chairman of the Board and the Nominating & Governance Committee. Mr. Schofield has been a private investor since his retirement from Tellabs, Inc. ("Tellabs") in January 2005. Mr. Schofield served as the Chief Executive Officer and President of Advanced Fibre Communications, Inc. ("AFC") from 1999 until the acquisition of AFC by Tellabs on November 30, 2004, at which time AFC became the Access Division of Tellabs. Mr. Schofield also served as a member of the board of directors of AFC, and in October 2001, he was elected to the position of chairman of the board of directors of AFC. From 1992 to 1999, Mr. Schofield served as Senior Vice President, and later, President, of the Integrated Solutions Group of ADC Telecommunications, Inc., a world-wide supplier of network equipment, software solutions and integration services for broadband and multiservice networks. Mr. Schofield also serves as a director of Sonus Networks, Inc., a supplier of telecommunications network equipment and services. Mr. Schofield is a 2011 National Association of Corporate Directors (NACD) Board Leadership Fellow. He has demonstrated his commitment to boardroom excellence by completing NACD's comprehensive program of study for experienced corporate directors – a rigorous suite of courses spanning leading practices for boards and committees. Mr. Schofield supplements his board leadership skills through ongoing engagement with the director community and access to leading practices. Mr. Schofield holds a Bachelor of Science degree in electrical engineering from NSW Institute of Technology in Sydney, Australia.
Mr. Kannappan has been a director of the Company since January 2015. He serves as President and Chief Executive Officer of Plantronics, where he has been a member of the Board since 1999. Mr. Kannappan brings to the board a wealth of business leadership experience and a track record of success. Mr. Kannappan joined Plantronics in February 1995 as vice president of sales, responsible for OEM sales and the Asia Pacific/Latin America markets. After a series of promotions, he was appointed in March 1998 to president and chief operating officer, then, less than a year later, to CEO, as well as elected to the Board of Directors. Prior to joining Plantronics, Kannappan was senior vice president of investment banking for Kidder, Peabody & Co. Incorporated, where he was employed from August 1985 through January 1995. Mr. Kannappan has a Bachelor of Arts degree in Economics from Yale University and a Master's of Business Administration from Stanford University. He also serves as director of Mattson Technology, Inc., a supplier of advanced process equipment for the semiconductor industry. Mr. Kannappan previously served on the IDT board, including in the role of chairman, from 2000 to 2008.
Mr. Padval has been a director of the Company since October 2008. Mr. Padval currently serves as an Operating Partner at Bessemer Venture Partners. Mr. Padval brings to IDT more than 25 years of experience in marketing, sales, and general management in high tech industries, including computing, mobile communications, and consumer digital entertainment. Mr. Padval also has extensive global experience, having established R&D centers in both China and India for C-Cube Microsystems Incorporated ("C-Cube") and LSI Logic Corporation ("LSI"). From August 2004 to August 2007, Mr. Padval served as Executive Vice President of the Consumer Products Group at LSI, and from June 2001 to August 2004, Senior Vice President of the Broadband Entertainment Division at LSI. Mr. Padval served as the Chief Executive Officer and Director of C-Cube from May 2000 until June 2001, when C-Cube was sold to LSI, and prior to that, as President of the Semiconductor Division of C-Cube from October 1998 to May 2000. Prior to joining C-Cube, Mr. Padval held senior management positions at VLSI Technology, Inc. and Advanced Micro Devices, Inc. He currently serves on the boards of several private companies, including Avnera Corporation, a fabless semiconductor supplier of analog Systems-on-Chip (SoC) technology for high-fidelity consumer applications, Berkeley Design Automation, an analog EDA company, Avalanche Technologies, a non-volatile magnetic memory company, Exclara, an LED power management company, Xtreme Power, a utility-scale energy management company, Powergenix, a maker of nickel-zinc rechargeable batteries, and Pinnacle Engines, which makes internal combustion engines. Mr. Padval also serves on the boards of Entropic Communications Incorporated, a fabless semiconductor supplier of system solutions to enable connected home entertainment, and Monolithic Power Systems, Inc., a supplier of high-performance analog semiconductor products. Mr. Padval is also active on the board of Menlo School and advisory boards for Stanford University. Umesh holds a B.A. in Technology from Indian Institute of Technology, Mumbai, and an M.A. in Engineering from Stanford University.
Mr. Parnell has been a director of the Company since January 2008. Mr. Parnell brings to IDT extensive general and financial management experience, which is especially relevant to his role as Chairman of the Audit Committee. Mr. Parnell has served as Vice President, Business Development and Investor Relations of Microchip Technology Incorporated ("Microchip") since January 2009. Prior to this role, Mr. Parnell served as Vice President and Chief Financial Officer of Microchip from May 2000 to December 2008. Prior to his role as CFO, Mr. Parnell served as Vice President, Controller, and Treasurer of Microchip. Mr. Parnell holds a finance/accounting qualification with the Association of Certified Accountants from Edinburgh College, Scotland.
Mr. Rango joined IDT’s Board of Directors in April 2015. He previously served in a number of executive positions at Broadcom Corporation, where he worked from March 2002 until July 2014. His most recent role at Broadcom was executive vice president and general manager of the company’s Mobile and Wireless Group, a role he had held since February 2011. During his time at Broadcom, Rango held several senior management positions in the company’s Network Infrastructure Business Unit, Mobile and Wireless Group and Wireless Connectivity Group, including as senior vice president and general manager, Wireless Connectivity Group and as executive vice president and general manager, Wireless Connectivity Group. From 1995 to 2002, Rango held several senior management positions at Lucent Microelectronics, a networking communications company, and Agere Systems, a leader in semiconductors and software solutions for storage, mobility and networking markets. Rango also serves on the Board of Directors at KLA-Tencor. He has an MSEE from Cornell University and a BSEE from State University of New York at Stony Brook.
Mr. Taffe currently serves on the board of directors of Cypress Envirosystems -- a Cypress Semiconductor-funded company that develops system-level products for reducing energy costs with wireless technology. Mr. Taffe also served as executive vice president of Cypress Semiconductor where he ran the Consumer and Computation Division, including the PSoCTM microcontroller business -- the largest and fastest growing business within the company. Under Norm's leadership, revenue in the Consumer and Computation Division grew to over $400 million in 2011. He also currently holds the position of Board Chairman to the Second Harvest Food Bank, which is a nonprofit organization that serves nearly 250,000 needy families in Santa Clara and San Mateo counties each month. Mr. Taffe holds a Bachelor of Science in Electrical Engineering from The University of Michigan.
Ms. LaCroix joined the Board of Directors in December 2016. An executive with Egon Zehnder, she currently serves as head of that company’s Global Legal, Compliance & Regulatory Practice and leads the Global Semiconductor Practice. Ms. LaCroix brings a global perspective gained from many years of international experience, as well as experience in the semiconductor space as an advisor to executive leadership in organizational leadership. She also brings significant expertise in the area of cyber security and awareness, compliance, and corporate strategy. Ms. LaCroix joined Egon Zehnder in May 2006 in the Dallas Office as a core member of the Technology and Legal Practice groups. While at Egon Zehnder, she has served in several leadership positions including Dallas Office Leader (2008 – 2010) and the North America Technology & Communications Practice (2010 – 2014). Prior to joining Egon Zehnder, Ms. LaCroix was vice president and general counsel, Asia-Pacific, at Honeywell International, Inc. from 2004 to 2006. She also held various senior counsel positions in the legal department of Texas Instruments, Inc. between 1995 and 2005. Prior to Texas Instruments, Ms. LaCroix held associate positions at the law firm of Gray Cary Ware & Freidenrich (now DLA Piper) in san Diego/Palo Alto and, prior to that, at private law firms in Singapore. She has a LL.B Degree from the National University of Singapore and completed a graduate program in American Law at the University of California at Berkeley & Davis. She is admitted to also practice law in Singapore, the United Kingdom and California.