Xilinx CEO Roelandts stepping down

August 8, 2007 – Willem Roelandts, CEO/president/chairman of fabless firm Xilinx, is retiring from his executive positions, though will remain chairman of the company he has led for more than a decade.

No reasons were given for his stepping down and no timeline was given for a replacement, though the company indicated it has formed a committee “to begin an immediate search” and that Roelandts will stay in his executive positions until a successor is found.

Since Roelandts took the company’s reins in 2006, revenues have nearly quadrupled, with global business expanding and diversifying into high-growth end markets including consumer, automotive, industrial, and defense, the company noted.

Xilinx ranked No.8 in global fabless revenues in 2Q07 with $443M, and No.7 overall in 2006 ($1.9B), according to the Fabless Semiconductor Association (FSA).


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