San Francisco, CA -- (SBWIRE) -- 09/22/2015 -- Streetinsider.com a news publishing website has recently announced about the resignation of Patrick Henry, the CEO entropic communications. According to the news reported on this site, the company has also announced that their board of directors has assigned board member Dr. Ted Tewksbury as the CEO and interim president. Dr. Tewksbury has succeeded Patrick Henry, who has recently stepped down from the company's board of directors.
According to the news published on the site, the chairman of the company's board has been quoted saying that he on behalf of the board of directors, want to Henry for his numerous contributions to the company over the past years. He further went on to add that under the leadership of Patrick, the company has accomplished its initial public contribution and developed a lot of market leading technologies. He continues on to say that with the transformation in business restructuring and strategy, the company is also announcing today that the board deems it is the right time for a transition in leadership. He further went on to say that the company is privileged to have ted available to serve as CEO and interim president. Ted has effectively developed and led executive management teams and holds an established track record as a semiconductor industry executive. He also added that the company is positive that Ted will offer strong leadership for the corporation.
According to the news published on the site, Dr. Tewksbury who has joined the company in the year 2010 has been the former CEO and president of integrated device technology, Inc. He has also served as an independent advisor to many technology companies and private equity firms. Dr. Tewksbury, as an interim president and CEO will closely work with the company's board of directors and executive team to supervise the current operations of the company and strategic projects.
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