Intermolecular names Rick Neely CFO

Intermolecular, Inc. today announced that it has named C. Richard (Rick) Neely, Jr. as the company’s chief financial officer (CFO) and senior vice president. Mr. Neely will assume responsibility for finance, accounting, and various other general and administrative functions, effective immediately. He replaces Reed Birnbaum, Intermolecular’s vice president of finance and corporate controller, and acting principal financial and accounting officer.

“On behalf of all employees at Intermolecular, I’d like to welcome Rick to our team. His extensive expertise made him an ideal CFO candidate for Intermolecular and we are excited to now have him on board.  Rick possesses the strong professional background in high-tech markets we were seeking, which will allow him to immediately contribute as a key member of our leadership team,” stated Dave Lazovsky, president and chief executive officer at Intermolecular. “I’d also like to thank Reed for stepping in while we conducted our CFO search. We appreciate his tireless efforts and look forward to his continuing contributions to Intermolecular’s financial operations as he supports Rick.”

A semiconductor industry veteran, Mr. Neely was previously the CFO of Tessera Technologies, a leading semiconductor intellectual property provider. Before that, he was CFO and vice president of supply chain at Livescribe, a developer of smart pens and innovative digital writing products. Mr. Neely also served as CFO at Monolithic Power Systems, a fabless semiconductor company specializing in high-performance analog ICs, and CFO at NuCORE Technology, a fabless semiconductor company that made digital image processors.  Earlier in his career, he held a variety of senior financial management positions at Synopsys and Advanced Micro Devices.

Mr. Neely holds a bachelor’s degree in economics from Whitman College, and an MBA from the University of Chicago. He served on the board of Aviza Technology, a semiconductor equipment supplier, for several years as chairman of the Audit Committee.


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