Silicon Valley Pioneer Don Lucas Named Spansion's Chairman of the Board; Semiconductor Veteran Gilles Delfassy Joins Board | Cypress Semiconductor
Silicon Valley Pioneer Don Lucas Named Spansion's Chairman of the Board; Semiconductor Veteran Gilles Delfassy Joins Board
Last Updated: September 24, 2007
SUNNYVALE, Calif. – Sept. 24, 2007 – Spansion Inc. (NASDAQ:SPSN), the world’s largest pure-play provider of Flash memory solutions, today announced Donald L. Lucas and Gilles Delfassy were appointed to Spansion’s Board of Directors, effective September 20, 2007. Lucas will serve as chairman of the board and will hold the Board seat vacated by Hector Ruiz, chairman of the board of AMD.
“It is an honor to have Don and Gilles join our board,” said Bertrand Cambou, president and CEO of Spansion Inc. “Their deep semiconductor business, operations, financial and technology expertise will be a strong complement to the board in an exciting time for the company as we continue to redefine the Flash memory industry. On behalf of the Board, I would like to thank Hector for his considerable contributions as an inspirational and instrumental leader for the Spansion Board, who played a significant role in helping Spansion achieve its status as a leading, independent NOR Flash memory company. ”
Don Lucas has been a self-employed venture capitalist since 1967. He was an associate, a general partner and a limited partner of Draper Gaither and Anderson. Early in his career as a venture capitalist, Lucas led the founding of National Semiconductor Corporation. He has served as a member of the Oracle Board of Directors since March 1980, serving on several committees and as Chairman of the Board from October 1980 to May 1990. Mr. Lucas currently serves as Chairman of the Executive Committee of Oracle. He also serves as Chairman of DexCom, Inc. and 51job, and as a director of Cadence Design Systems, Inc.
“I am excited to serve as chairman of the board for Spansion and look forward to working with the management team to execute on their strategy and expand their leadership position,” said Lucas. “I have always been interested in and worked with great leaders of technology companies. With a Board of Directors focused on improving the company’s capital structure, a strong management team, solid long term strategy and compelling technology and solutions, Spansion is well positioned for future success.”
Gilles Delfassy, previously senior vice president of Texas Instruments Incorporated, has been at the helm of the company’s successful wireless terminals unit since its inception in 1995, growing it into a multibillion dollar operation. Under his guidance, TI became the world’s leading supplier of semiconductors for the wireless industry. He joined TI in 1978. Before his position in Dallas, Texas, he served as TI’s European Digital Signal Processing (DSP) Department Manager and before that he was running TI Europe’s Automotive Electronics business.
Delfassy added, “In my role at Texas Instruments, I worked closely with Spansion over the years through a strong alliance in the wireless area. I now look forward to joining the board and more directly participating in Spansion’s growth opportunity.”
The Spansion Board now includes eight directors. To view the bios of all board members, visit http://www.spansion.com/about/investor_relations/board_of_directors.html
Spansion is a leading Flash memory solutions provider, dedicated to enabling, storing and protecting digital content in the wireless, automotive, networking and consumer electronics markets. Spansion, previously a joint venture of AMD and Fujitsu, is the largest company in the world dedicated exclusively to designing, developing, manufacturing, marketing and selling Flash memory solutions. For more information, visit www.spansion.com.
Spansion®, the Spansion Logo, MirrorBit®, MirrorBit® Eclipse™, ORNAND™, HD-SIM™ and combinations thereof, are trademarks of Spansion LLC in the US and other countries. Other names used are for informational purposes only and may be trademarks of their respective owners.