Cirrus Logic Announced Management Adjustment Plans of CEO and Board
2020 November 5, Austin, Texas, America – Cirrus Logic (NASDAQ Stock Code: CRUS) announced that Jason Rhode will resign as a chief executive officer and director since January 1, 2021. Cirrus Logic Board has appointed the 47-year-old director, John Forsyth, as the director and CEO. This agreement will be effective on January 1, 2021. After resigning as CEO, Jason Rhode will continue to be Executive Fellow of Cirrus Logic and cooperate with John Forsyth to directly involve in customer relationship and personnel development of the company. In addition, the company also announced that David Tupman will replace Al Schuele and become the chairman of the board. This appointment will also be effective on January 1, 2021. Al Schuele will retire before the next annual general meeting of shareholders.
The chairman of the board, Al Schuele, said: “In the past eight years, I have been very pleased to work with Jason Rhode hand in hand as the chairman of the board of Cirrus Logic. During his tenure, Jason Rhode leads the company to achieve a considerable financial growth and establish good customer relationships as well as create a excellent enterprise culture. We appreciate his work achievements of many years in Cirrus Logic and hope that he will continue to benefit from the position of Executive Fellow. With outstanding performance of John Forsyth in different leadership positions since he joined in Cirrus Logic in 2014, the board unanimously appoints him as the next chief executive officer. We will be very pleased to work with him after he assumes his new post, and we believe his strong leadership and strategic vision will continue to bring long-term value for our shareholders, employees and customers. ”
Jason Rhode said: “It is an honor for me to lead Cirrus Logic forward over the past 13 years in my lifetime.” We build up a first-class company with leading technologies and excellent staffs, and we establish a good relationship with the best customers worldwide. As a president, John Forsyth is excellent in leading the company. He has enthusiasm, vision, leadership and team spirit that are essential for the success of a CEO. I am very pleased to continue to cooperate with him in my new position.”
John Forsyth said: “I am delighted and honored to become the next CEO of Cirrus Logic. We have a talented team and are committed to serving customers who create the most innovative products worldwide. I believe that our strategic plans will continue to be innovative and strengthen the leadership of our company in audio field as well as expand our success to new technical field. I look forward to cooperating with our board, leadership team, employees and customers closely to achieve the dream that our company can be the first choice of signal processing. ”
John Forsyth joined in Cirrus Logic in 2014 through the acquisition of Wolfson Microelectronics and has more than 20 years of experience in embedded technology. He was appointed as the president of the company in January 2020. Before appointed as the president, John Forsyth worked as the chief strategy officer and was responsible for driving the product strategy, that is Cirrus Logic low-power, high-precision, and mixed-signal processing solutions. Before joining in Wolfson in 2012, John Forsyth led product development and strategy in many technology companies, in which he worked as the CEO of Symbian Foundation and the vice president of strategy of Symbian Software.
David Tupman joined in the board of Cirrus Logic in 2015 and is currently the owner of Details Lab. Details Lab is a consulting company that dedicates to organization and expansion and achieving high growth, technology development, and launch of new products. From 2001 to 2011, David Tupman worked in Apple, and he was promoted from the manager to the vice president of hardware engineering, and he led hardware engineering and technology teams of many mobile devices. He had more than 30 patents in U.S. and the world and got a bachelor of engineering and an honorary doctorate of science from the University of Salford in the United Kingdom.
About Cirrus Logic
Cirrus Logic is a leader of low-power, high-precision and mixed-signal processing solutions, and it is dedicated to creating a innovative user experience for the first-rate mobile and consumer applications. The headquarters of Cirrus Logic is located in Austin, Texas. It is famous for its award-winning enterprise culture worldwide.