NXP Semiconductors N.V. announced that Sir Peter Bonfield, the Founding Chairman of NXP, has retired from his service on the NXP Board as of the conclusion of the company's 2023 Annual General Meeting of shareholders. The Board of Directors of NXP has appointed Ms. Julie Southern to serve as its Chair, effective immediately. At the AGM, shareholders overwhelmingly elected all nominated directors to the Company's Board of Directors, including Mr. Moshe Gavrielov, who joins the Board as a non-executive director. Sir Peter Bonfield has served as Chairman of NXP since NXPs spin-out from Philips in 2006. In his seventeen
years of service as NXPs Founding Chairman, Sir Peter has been instrumental in leading NXP through its significant and successful transformation. Ms. Julie Southern, who has now assumed the role of Chair of the Board, has been a non-executive director of the board since October 2013 and the Chair of the audit committee since September 2018. Ms. Southern is an experienced business leader who served as a non-executive director of the board since
October 2013, and has chaired the audit committee since September 2018. As a non-executive director, she made significant contributions to NXP's growth and success, and her appointment as chair of the board is a natural next step in the board's evolution. Mr. Gavrielov served as president and CEO of Xilinx Inc. from January 2008 to January 2018 and as director of Xilinx Inc. from February 2008 to January 2018. Prior to that, he served at Cadence Design Systems Inc. as executive vice president and general manager of the verification division from April 2005 to November 2007, and CEO of Versity Ltd. from March 1998 to April 2005. He also served at a variety of executive management positions in LSI Logic Corp. for nearly 10 years, and engineering and engineering management positions in National Semiconductor Corporation and Digital Equipment Corporation. Since 2019, Mr. Gavrielov has served on the board of Taiwan Semiconductor Manufacturing Company Limited. In addition, Mr. Gavrielov is the chairman of SiMa Technologies Inc. and Foretellix Ltd. Mr. Gavrielov holds a bachelor's degree in electrical engineering and a master's degree in computer science from Technion-Israel Institute of Technology.