SiGe Semiconductor Appoints Sohail Khan as President and Chief Executive Officer
April, 2007—Methuen, MA and Ottawa, Ontario
SiGe Semiconductor today announced the appointment of Sohail Khan as president and chief executive officer. Khan will lead SiGe Semiconductor in its next stage of development, as the company expands its position as a leading supplier of RF front-end solutions and GPS receivers to the consumer electronic markets.
SiGe Semiconductor is a global supplier of RF front-end solutions for next-generation wireless systems. The company’s portfolio includes patented technology that enables wireless data and navigation capability in laptop PCs, PDAs, handheld game machines, cell phones and personal video players. The company has delivered award winning products compliant to the Wi-Fi, WiMAX, Bluetooth, GPS and Galileo standards to some of the leading names in consumer electronics. SiGe Semiconductor has experienced dramatic revenue growth over the past several years, including a 55 percent increase from $31.8 in 2005 to over $49 million in 2006.
“We’d like to welcome Sohail to the helm of SiGe Semiconductor,” said Pat DiPietro, managing general partner, VenGrowth Capital Partners, Inc. “SiGe has established itself with innovative technology, excellent customer traction and increasing sales revenues. Sohail is the ideal candidate to build on this position and take the company through its next stage of development. He has an impressive track record capitalizing on key market opportunities and maximizing profitability, as well as an in-depth of understanding of SiGe’s technology and customers that is critical to taking the company to the forefront of the market.”
“I am pleased to join the management team at SiGe Semiconductor. The company presents an exciting professional opportunity as one of the few private wireless semiconductor companies to successfully compete against much larger rivals in the consumer electronic marketplace. The company has outstanding technology and is very close with its customers,” said Khan. “I look forward to building on the company’s strong foundation of leading technology and hope to expand our market share in wireless applications.”
Sohail Khan has more than 25 years of experience in the communications and semiconductor industry, with a track record of building large, successful global businesses, creating new products, and developing new markets. Khan comes to SiGe Semiconductor from Bessemer Venture Partners, where he served as an entrepreneur in residence and operating partner, responsible for evaluating communications deals and providing assistance to portfolio companies. Previously, he helped to execute Agere's IPO spin-out, and held the positions of executive vice president of Infrastructure Systems and chief strategy and development officer. Khan increased the company's profitability through expanding market share and entering new markets through acquisition. During his career, Khan served as president of Lucent's Integrated Circuits - Microelectronics division, where he grew the company's market position in cellular handsets and base stations through collaboration with some of the industry's leading names in this segment. Khan has also held various management positions at NEC Electronics, Intel and the National Engineering Services of Pakistan.
Sohail sits on the board of directors for both LightPath Technologies, a public company traded on NASDAQ, and GainSpan Corporation, a venture funded private company. Sohail holds a master of business administration from the University of California at Berkeley, and a bachelor of science in electrical engineering from the University of Engineering in Lahore, Pakistan.
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