Adeia, the IP licensing business of Xperi Holding Corporation, has announced the appointment of both the leadership team and the board of directors of Adeia Inc., the future independent IP licensing business that will remain after the completion of the spin-off of the company’s product business on October 1.
The new Adeia Inc. leadership team will be comprised of the following members:
Chief Executive Officer – Paul Davis
Chief Financial Officer – Keith Jones
Chief Legal Officer – Kevin Tanji
Chief Licensing Officer & General Manager, Media – Dr. Mark Kokes
Chief Licensing Officer & General Manager, Semiconductor – Dana Escobar
Chief People Officer – Denise Morgan
Commenting on the announcement, Paul Davis, CEO of Adeia, said: “I am honoured to begin our journey as a stand-alone company with a world class team that will continue our commitment to innovation. Adeia’s inventions will continue to help shape the way millions of people explore and experience entertainment and enhance billions of devices in an increasingly connected world. With decades of experience and one of the largest IP portfolios in the media and semiconductor industries, Adeia is exceptionally well positioned to continue its growth as a separate, publicly traded company”.
Meanwhile, the Board of Directors will be comprised of:
Chairman – Dan Moloney
CEO- Paul Davis
V Sue Molina
Tonia O’Connor
Raghavendra Rau
Davis added: “We are incredibly pleased to welcome each of these board members as we begin our journey as a stand-alone, publicly traded company. We look forward to benefitting from their expertise and valuable perspectives as we execute our long-term strategy”.
