Mr. Hoff brings more than 20 years of industry experience to the
position. He joined Silicon Laboratories in 2005 and served as the
company's vice president of European sales and operations. Mr. Hoff
has been instrumental in establishing a presence at key European
accounts and in developing a distribution channel for the company's
expanding, broad-based business.
Prior to joining Silicon Laboratories, Mr. Hoff served as
president, chief executive officer and director of Cognio, a spectrum
management company. Mr. Hoff previously managed sales and operations
for C-Port Corporation, a network processor company acquired by
Motorola in May 2000. Additionally, Mr. Hoff held various positions at
AMD including vice president of sales where he managed operations of
$500 million servicing large communications multinationals. Mr. Hoff
holds a bachelor's degree in physics from the University of Illinois
and a master's degree in business administration from the University
of Chicago.
"Kurt's succession to this role is a tribute to the strength and
depth of our sales management team. Kurt's contribution in Europe has
elevated our presence among major customers and helped us to scale our
sales network. I am pleased to have a person of Kurt's caliber
prepared to step in and manage our global sales organization," said
Necip Sayiner, president and chief executive officer of Silicon
Laboratories. "I'd like to thank Gary for his tremendous contribution
to the company. He is responsible for building a world-class team and
successfully establishing Silicon Labs as a valued supplier to major
customers."
Vaughan Price will be joining Silicon Labs to replace Mr. Hoff as
vice president of European sales. Mr. Price has 15 years of experience
selling complex circuits into major accounts across Europe. Mr. Price
was previously managing European sales for Actel, where he built the
regional sales and technical support teams and delivered results that
consistently outperformed the market and the competition. Prior to
Actel, Mr. Price spent five years at Texas Instruments supporting
technical sales and marketing for DSP and ASIC products in Europe. Mr.
Price began his sales career in distribution as a field application
engineer where he was successful in securing design wins for 16 and
32-bit products. Mr. Price has a bachelor's degree in electronics and
a master's degree in ASIC design and CAE tools from the University of
Manchester.
"We are fortunate to have truly differentiated products to sell
and a driven, talented sales organization," said Gary Gay. "The key to
continued growth is to expand our presence at major accounts and
extend our early success in the distribution channel. Both Kurt and
Vaughan have the energy and the expertise to execute on these
objectives and help take the company to the next level."
Silicon Laboratories Inc.
Silicon Laboratories is an industry leader in the innovation of
high-performance, analog-intensive, mixed-signal ICs. Developed by a
world-class engineering team with unsurpassed expertise in
mixed-signal design, Silicon Labs' diverse portfolio of
highly-integrated, easy-to-use products offers customers significant
advantages in performance, size and power consumption. These patented
solutions serve a broad set of markets and applications including
consumer, communications, computing, industrial and automotive.
Headquartered in Austin, TX, Silicon Labs is a global enterprise
with operations, sales and design activities worldwide. The company is
committed to contributing to our customers' success by recruiting the
highest quality talent to create industry-changing innovations. For
more information about Silicon Labs, please visit www.silabs.com.
Cautionary Language
This press release may contain forward-looking statements based on
Silicon Laboratories' current expectations. These forward-looking
statements involve risks and uncertainties. A number of important
factors could cause actual results to differ materially from those in
the forward-looking statements. For a discussion of factors that could
impact Silicon Laboratories' financial results and cause actual
results to differ materially from those in the forward-looking
statements, please refer to Silicon Laboratories' filings with the
SEC. Silicon Laboratories disclaims any intention or obligation to
update or revise any forward-looking statements, whether as a result
of new information, future events or otherwise.
Note to editors: Silicon Laboratories and the Silicon Labs logo
are trademarks of Silicon Laboratories Inc. All other product names
noted herein may be trademarks of their respective holders.
CONTACT: Silicon Laboratories Inc., Austin
Shannon Pleasant, 512-464-9254
shannon.pleasant@silabs.com
SOURCE: Silicon Laboratories Inc.