Qorvo® Pronounces Appointment of Philip Chesley as President

GREENSBORO, N.C., Nov. 03, 2021 (GLOBE NEWSWIRE) — Qorvo® (NASDAQ: QRVO), a number one supplier of modern RF options that join the world, at the moment introduced the appointment of Philip Chesley as president of Qorvo’s Infrastructure & Protection Merchandise phase, efficient November 1, 2021. Mr. Chesley will report back to Bob Bruggeworth, president and chief govt officer of Qorvo, and he’ll succeed James Klein, who beforehand introduced his intention to retire from the corporate.

Bob Bruggeworth stated, “We’re extraordinarily happy that Philip Chesley is becoming a member of Qorvo to move our numerous and rising Infrastructure & Protection Merchandise (IDP) enterprise. Philip has a confirmed observe file rising world-class organizations at main know-how corporations. His deep experience in RF, energy, knowledge communications, automotive, industrial and aerospace/protection markets will serve Qorvo nicely as he leads our gifted IDP workforce to drive development.”

Mr. Chesley most not too long ago served as vp and normal supervisor of the Industrial and Communications Enterprise Unit at Renesas. He was beforehand senior VP and normal supervisor of the Automotive, Aerospace and Analog Product Group at Intersil, which was acquired by Renesas in 2017. He joined Intersil in 2004 and served in a number of govt management roles. Previous to that, he was a founder and a director at Primarion, a pioneer in software-programmable digital multiphase energy architectures, which was bought by Infineon. Mr. Chesley earned an MBA from Duke College’s Fuqua Faculty of Administration and a Bachelor of Science diploma from Brigham Younger College.

Bob Bruggeworth added, “We’re grateful to James Klein for his years of business and know-how management of IDP. James and his groups have established Qorvo as a pacesetter in excessive worth markets whereas greater than doubling the scale of the enterprise and diversifying Qorvo’s enterprise combine. We thank James for his many contributions to Qorvo’s success and need him the perfect as he retires.”

About Qorvo
Qorvo (Nasdaq: QRVO) makes a greater world potential by offering modern Radio Frequency (RF) options on the heart of connectivity. We mix product and know-how management, systems-level experience and international manufacturing scale to rapidly resolve our clients’ most advanced technical challenges. Qorvo serves numerous high-growth segments of enormous international markets, together with superior wi-fi gadgets, wired and wi-fi networks and protection radar and communications. We additionally leverage distinctive aggressive strengths to advance 5G networks, cloud computing, the Web of Issues, and different rising functions that broaden the worldwide framework interconnecting folks, locations and issues. Go to www.qorvo.com to find out how Qorvo connects the world.

Qorvo is a registered trademark of Qorvo, Inc. within the U.S. and in different nations. All different logos are the property of their respective homeowners.

Media Contact:
Brent Dietz
Qorvo Director of Company Communications
W + 1 336-678-7935
[email protected]

This press launch contains “forward-looking statements” inside the which means of the protected harbor provisions of the Non-public Securities Litigation Reform Act of 1995. These forward-looking statements embrace, however usually are not restricted to, statements about our plans, targets, representations and contentions, and usually are not historic information and usually are recognized by use of phrases resembling “might,” “will,” “ought to,” “might,” “count on,” “plan,” “anticipate,” “imagine,” “estimate,” “predict,” “potential,” “proceed” and related phrases, though some forward-looking statements are expressed otherwise. You ought to be conscious that the forward-looking statements included herein characterize administration’s present judgment and expectations, however our precise outcomes, occasions and efficiency might differ materially from these expressed or implied by forward-looking statements. We don’t intend to replace any of those forward-looking statements or publicly announce the outcomes of any revisions to those forward-looking statements, aside from as is required beneath U.S. federal securities legal guidelines. Our enterprise is topic to quite a few dangers and uncertainties, together with these referring to fluctuations in our working outcomes; our substantial dependence on growing new merchandise and reaching design wins; our dependence on a number of massive clients for a considerable portion of our income; the COVID-19 pandemic materially and adversely affecting our monetary situation and outcomes of operations; a lack of income if protection and aerospace contracts are canceled or delayed; our dependence on third events; dangers associated to gross sales via distributors; dangers related to the operation of our manufacturing amenities; enterprise disruptions; poor manufacturing yields; elevated stock dangers and prices attributable to timing of buyer forecasts; our incapacity to successfully handle or preserve evolving relationships with platform suppliers; our potential to proceed to innovate in a really aggressive trade; underutilization of producing amenities on account of trade overcapacity; unfavorable modifications in rates of interest, pricing of sure valuable metals, utility charges and international foreign money alternate charges; our acquisitions and different strategic investments failing to realize monetary or strategic targets; our potential to draw, retain and encourage key workers; guarantee claims, product remembers and product legal responsibility; modifications in our efficient tax fee; modifications within the favorable tax standing of sure of our subsidiaries; enactment of worldwide or home tax laws, or modifications in regulatory steering; dangers related to environmental, well being and security laws, and local weather change; dangers from worldwide gross sales and operations; financial regulation in China; modifications in authorities commerce insurance policies, together with imposition of tariffs and export restrictions; we might not have the ability to generate ample money to service all of our debt; restrictions imposed by the agreements governing our debt; our reliance on our mental property portfolio; claims of infringement of third-party mental property rights; safety breaches and different related disruptions compromising our data; theft, loss or misuse of non-public knowledge by or about our workers, clients or third events; provisions in our governing paperwork and Delaware legislation might discourage takeovers and enterprise combos that our stockholders may contemplate to be of their finest pursuits; and volatility within the value of our widespread inventory. These and different dangers and uncertainties, that are described in additional element in Qorvo’s most up-to-date Annual Report on Type 10-Ok and in different studies and statements filed with the Securities and Alternate Fee, might trigger precise outcomes and developments to be materially completely different from these expressed or implied by any of those forward-looking statements.

 

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