Industry veteran Jim Anderson will take over at Lattice next week

Lattice Semiconductor is bringing on a new president and CEO, with Jim Anderson to take the company’s helm effective next Tuesday.

Anderson comes to Lattice from Advanced Micro Devices, where he served as GM and senior VP of AMD’s Computing and Graphics business group. Lattice’s previous president and CEO, Darin G. Billerbeck, retired from the company in March.

Lattice Board Chairman Jeff Richardson said in a statement that Anderson “brings a strong combination of business and technical leadership with a deep understanding of our target end markets and customers. The transformation he drove of AMD’s Computing and Graphics business over the past few years is just a recent example of his long track record of creating significant shareholder value. We are excited to bring Jim’s proven leadership to Lattice as we accelerate all aspects of the company in order to capture the enormous opportunity that lies ahead.”

Lattice noted that Anderson is a tech industry veteran with more than 20 years of experience in markets including the consumer space, enterprise/datacenter, and telecom, with leadership roles at companies including Intel and Broadcom. The company noted that in his role at AMD, Anderson “drove a strategic and operational transformation that brought disruptive new products to the market and delivered market-leading revenue growth and significant profitability expansion for AMD.”

Anderson takes over from interim CEO Glen Hawk, who has agreed to stay on for a transition period through the end of October.

Lattice announced in July that it was taking action to cut its operating costs and focus on its core business. That included discontinuing its millimeter wave business, which Hawk said at the time was “unable to achieve profitability levels necessary to warrant further investment.” Meanwhile, Hawk said, Lattice felt it is “well-positioned for the future as our control, connect and compute solutions are ideally suited for the emerging IoT markets, particularly in the industrial segment.”

The post Lattice Semiconductor appoints new CEO appeared first on RCR Wireless News.