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Product category: Intellectual Property Cores
News Release from: LSI Europe
Edited by the Electronicstalk Editorial Team on 30 May 2005

Talwalkar takes reins from Corrigan

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The LSI Logic Board of Directors has unanimously appointed Abhi Y Talwalkar as the company's President and Chief Executive Officer.

The LSI Logic Board of Directors has unanimously appointed Abhi Y Talwalkar as the company's President and Chief Executive Officer Talwalkar, 41, succeeds Wilfred J Corrigan, LSI Logic's founder, to become the company's President and Chief Executive Officer

He has been elected to the LSI Logic Board of Directors.

Talwalkar joins LSI Logic from Intel Corp, where he served as Vice President and Co-General Manager of Intel's Digital Enterprise Group, which comprises the company's Business Client, Server, Storage and Communications businesses.

"Abhi is a recognised business leader and technologist, whose vision and two decades of engineering and management experience will be a great asset to LSI Logic", said Corrigan.

"The Board of Directors and I are very pleased to have attracted an executive of Abhi's caliber and reputation".

"Abhi brings a keen understanding of the global semiconductor industry, as well as the right combination of strategic insight and operational discipline to LSI Logic".

"I am excited to be joining LSI Logic and look forward to working closely with the company's dedicated employees to further strengthen the company's competitive position", said Talwalkar.

"LSI Logic is a demonstrated technology leader in storage components, storage systems, consumer and communications".

"I am confident that we can drive change in the global logic market and create value for LSI Logic stockholders".

"Under Wilf's direction, LSI Logic has grown from a startup with only $6 million in venture capital to generating revenues approaching $2 billion annually", said Jim Keyes, LSI Logic Board Member and Lead Director.

"The Board of Directors wishes to thank Wilf for his dedication and leadership during the past 25 years".

"Abhi's appointment as President and Chief Executive Officer comes as part of the company's orderly succession plan".

"Wilf will become the Nonexecutive Chairman of the LSI Logic Board of Directors".

Talwalkar has more than 20 years of management and engineering experience in the semiconductor industry, including positions in research, product development and marketing.

Talwalkar spent the last 12 years holding positions of increasing responsibility at Intel Corp.

Prior to his role as Vice President and Co-General Manager of Intel's Digital Enterprise Group, Talwalkar served as the Vice President and General Manager for Intel's Enterprise Platform Group.

In this position, he focused on developing, marketing and supporting Intel's business strategies for enterprise computing.

Prior to joining Intel, Talwalkar held senior engineering and marketing management positions at Sequent Computer Systems (now part of IBM), Bipolar Integrated Technology and Lattice Semiconductor.

Talwalkar received his bachelor's degree in electrical engineering from Oregon State University.

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