Rambus Announces Changes to its Board of Directors
Eric Stang to serve as Chairman
SUNNYVALE, Calif. -- March 11, 2013
Rambus Inc. (NASDAQ: RMBS), the innovative technology solutions company that
brings invention to market, today announced changes to its Board of Directors,
including the appointment of Mr. Eric Stang as chairman, effective
immediately. The company also announced a reduction in the size of the Board,
effective on April 25, 2013, the day of the upcoming annual meeting of
Retiring from the Rambus Board of Directors are Dr. Sunlin Chou, Mr. Harold
Hughes, and Mr. Abraham Sofaer. Rambus co-founder, Dr. P. Michael Farmwald,
will transition from active board member to the position of emeritus advisor
to the Board. In addition to Mr. Eric Stang, Mr. J. Thomas Bentley, Ms.
Penelope Herscher, Mr. Charles Kissner, Mr. David Shrigley, and Dr. Ronald
Black will continue to serve on the Rambus Board.
"As Rambus continues to evolve under the leadership of Dr. Black, these
changes align with the company’s strategy of rapidly bringing invention to
market and focusing on delivering shareholder value,” said Eric Stang. "We
thank Sunlin Chou, Harold Hughes, and Abe Sofaer for their many years of
service and guidance in helping to position Rambus as an innovative technology
company. We would also like to thank Tom Bentley for his service as Chairman
during the CEO transition period.”
Mr. Stang has served on the Rambus Board of Directors since 2008. He currently
serves as president and chief executive officer of Ooma, Inc., a provider of
broadband telephony products. Mr. Stang also serves on the boards of Solta
Medical and two private companies.
About Rambus Inc.
Rambus is the innovative technology solutions company that brings invention to
market.Unleashing the intellectual power of our world-class engineers and
scientists in a collaborative and synergistic way, Rambus invents, licenses
and develops solutions that challenge and enable our customers to create the
future. While best known for creating unsurpassed semiconductor memory
architectures, Rambus is also developing world-changing products and services
in security, advanced LED lighting and displays, and immersive mobile media.
Schwartz MSL for Rambus
Dan O’Mahony or Darah Roslyn, 415-512-0770
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