Saturday, June 24, 2006
Russell takes charge of finances
Virage Logic Corporation has announced the appointment of Christine Russell as Vice President of Finance and Chief Financial Officer (CFO).
Virage Logic Corporation has announced the appointment of Christine Russell as Vice President of Finance and Chief Financial Officer (CFO). Russell will be responsible for all financial and administrative aspects of the company and will report directly to Adam Kablanian, Virage Logic's President and Chief Executive Officer (CEO). Russell brings more than 20 years of financial executive management experience in both emerging and larger technology firms in the Silicon Valley to Virage Logic.
Most recently she served as CFO of OuterBay Technologies, a database archiving company, which was sold to Hewlett-Packard in February 2006.
Prior to that, Russell held CFO positions at Nasdaq-listed Ceva, a digital signal processing IP company, and Persistence Software.
She also held CFO or senior financial positions at Cygnus Solutions (sold to Red Hat), Valence Technology, Xerox and Measurex (Honeywell).
'We are very pleased to have someone of Christine's calibre with an IP industry background join our management team', said Kablanian.
'With her IP business model experience, I'm confident she will provide strong leadership to Virage Logic's financial operations and will be a key contributor to the overall success of the company as we continue to build a solid business based on both license fees and royalties'.
'I'm excited to join Virage Logic as it celebrates its 10th anniversary and builds on its solid track record of being first to market with technically superior IP at the advanced process nodes', said Russell.
'This leadership was evidenced in the company's recently announced growing royalty revenues as customers begin to ramp to volume with their 90nm based designs, particularly in high-volume consumer applications'.
Virage Logic Corporation has announced the appointment of Christine Russell as Vice President of Finance and Chief Financial Officer (CFO). Russell will be responsible for all financial and administrative aspects of the company and will report directly to Adam Kablanian, Virage Logic's President and Chief Executive Officer (CEO). Russell brings more than 20 years of financial executive management experience in both emerging and larger technology firms in the Silicon Valley to Virage Logic.
Most recently she served as CFO of OuterBay Technologies, a database archiving company, which was sold to Hewlett-Packard in February 2006.
Prior to that, Russell held CFO positions at Nasdaq-listed Ceva, a digital signal processing IP company, and Persistence Software.
She also held CFO or senior financial positions at Cygnus Solutions (sold to Red Hat), Valence Technology, Xerox and Measurex (Honeywell).
'We are very pleased to have someone of Christine's calibre with an IP industry background join our management team', said Kablanian.
'With her IP business model experience, I'm confident she will provide strong leadership to Virage Logic's financial operations and will be a key contributor to the overall success of the company as we continue to build a solid business based on both license fees and royalties'.
'I'm excited to join Virage Logic as it celebrates its 10th anniversary and builds on its solid track record of being first to market with technically superior IP at the advanced process nodes', said Russell.
'This leadership was evidenced in the company's recently announced growing royalty revenues as customers begin to ramp to volume with their 90nm based designs, particularly in high-volume consumer applications'.
# posted by Swathi @ 12:45 AM 
