Tessera Tech Appoints Thomas Lacey As CEO - Quick Facts

(RTTNews) - Tessera Technologies, Inc. (TSRA) announced that it has appointed Thomas Lacey as chief executive officer or CEO, effective immediately. Lacey, who was appointed interim CEO in May 2013, will also continue to serve on the Company's Board of Directors, which he joined in May 2013.

Commenting on Lacey, the company said he is the former chairman and CEO of Components Direct, a provider of cloud-based product life cycle solutions, and served in those capacities from May 2011 through April 2013. Previously, Lacey served as the president, CEO and a director of Phoenix Technologies Ltd., and prior to joining Phoenix Technologies Ltd., Lacey was the corporate vice president and general manager of the SunFab Thin Film Solar Products group of Applied Materials, Inc. from September 2009.

The company noted that Lacey currently serves on the board of directors and the audit committee of International Rectifier Corporation, a leader in power management technology, and has served in those capacities since March 2008. In May 2012, Lacey was appointed to the board of directors of DSP Group, Inc., a leading global provider of wireless chipset solutions for converged communications, and in May 2013 was appointed to DSP's audit committee.