Experienced Technology and Semiconductor Board Member Known for Excellent
Corporate Governance Will Support Execution of Company Strategy
SAN JOSE, Calif.--(BUSINESS WIRE)--
Cypress Semiconductor Corp. (Nasdaq: CY) today announced the appointment
of Catherine P. Lego to its board of directors. She will serve on the
company's Audit Committee. Lego brings to Cypress an established board
record with public technology companies and more than a dozen private
enterprises, plus invaluable experience supporting executive teams to
drive the strategic growth of component, module and systems businesses.
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Pictured is Catherine Lego. (Photo: Business Wire)
"We are pleased to have Cathy Lego join Cypress' board," said Steve
Albrecht, Cypress' chairman. "She will be an excellent addition. Cathy
brings a wealth of high tech board experience that aligns well with
Cypress' strategic evolution to become a high-growth leader of embedded
solutions. We expect her to be an outstanding resource who will help the
management team continue its strong execution of the Cypress 3.0
Lego currently serves on the boards of Lam Research Corporation and IPG
Photonics Corporation. At Lam Research, she chairs the Compensation
Committee and is a member of the Nominating and Governance Committee.
From 2009 until 2014, she chaired the Audit Committee. At IPG Photonics,
her roles include chair of the Compensation Committee and member of the
Audit Committee. She was previously on the board of Fairchild
Semiconductor from 2013 until its 2016 acquisition by ON Semiconductor.
In addition, she served on the boards of SanDisk Corporation and JDS
Uniphase. During her tenure of more than 25 years contributing in
various committee roles, Lego has been trusted as chair or member of
Audit Committees for almost every public or private company board she
has been affiliated with. In 2015, she received a Directors 100 award
from the National Association of Corporate Directors (NACD) for her
Lego previously was a partner at two venture capital funds and practiced
as a certified public accountant with Coopers & Lybrand (now PwC). She
is the founder, owner and principal of Lego Ventures, LLC, where she
consults with early-stage technology companies, develops business plans,
obtains seed and expansion financing, and advises on strategic growth
through mergers or acquisitions.
Lego, 60, holds a B.A. in economics and biology from Williams College
and an M.S. in accounting from the New York University Graduate School
Cypress is the leader in advanced embedded system solutions for the
world's most innovative automotive, industrial, home automation and
appliances, consumer electronics and medical products. Cypress'
programmable systems-on-chip, general-purpose microcontrollers, analog
ICs, wireless and USB-based connectivity solutions and reliable,
high-performance memories help engineers design differentiated products
and get them to market first. Cypress is committed to providing
customers with the best support and engineering resources on the planet
enabling innovators and out-of-the-box thinkers to disrupt markets and
create new product categories in record time. To learn more, go to www.cypress.com.
Cypress and the Cypress logo are registered trademarks of Cypress
Semiconductor Corp. All other trademarks are property of their owners.
View source version on businesswire.com: http://www.businesswire.com/news/home/20170906005680/en/
Samer Bahou, 408-232-4552
Source: Cypress Semiconductor Corp.
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