Lattice Semiconductor Corporation, the low power programmable leader, announced the appointment of Esam Elashmawi, Chief Marketing and Strategy Officer, as Interim Chief Executive Officer effective immediately. Mr. Elashmawi’s appointment follows the decision by Jim Anderson to step down as President, Chief Executive Officer, and Board member to pursue an opportunity with another company.
The Board has commenced a search process to identify a permanent CEO and will consider internal and external candidates as part of its search.
Mr. Elashmawi joined Lattice in 2018 and brings over 30 years of FPGA technology and industry experience to the role. Prior to joining Lattice, Mr. Elashmawi held the positions of Senior Vice President and General Manager at Microsemi Corporation and Vice President of Product Development at Actel Corporation. Earlier in his career he co-founded SiliconExpert Technologies, a component management software company, which was acquired by Arrow Electronics. As Chief Marketing and Strategy Officer at Lattice, Mr. Elashmawi has been deeply engaged with Lattice’s investment community and customers. He also spearheaded the Company’s strategic transformation leading to rapid product portfolio expansion and the launch of multiple new hardware and software solutions.
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“Over the last six years, Esam has played a critical role in Lattice’s transformation,” said Jeff Richardson, Chair of Lattice’s Board. “I am confident that Esam and our talented executive team will ensure a smooth transition for all our stakeholders. With clear strategic priorities in place, and significant opportunity for growth and value creation, the Board is confident the Company is well positioned to build upon its track record of delivering outstanding results.”
Mr. Richardson continued, “On behalf of the Board, I wish Jim well and thank him for his leadership in overseeing Lattice during a period of meaningful transformation and innovation.”
“It has been an honor to lead the exceptional team at Lattice for the past six years,” said Mr. Anderson. “I am very proud of what we have accomplished together, and I look forward to following Lattice’s success.”
“We’re at an exciting time in Lattice’s history as we continue to execute on our largest product portfolio expansion,” said Mr. Elashmawi. “I look forward to working closely with the Lattice Board and the management team as we build on our strong foundation and deliver for our customers and stakeholders.”
SOURCE: Businesswire