Silicon Image Appoints Distinguished IT Veteran William J. Raduchel to Board of Directors18 December 2005
Silicon Image, Inc. (Nasdaq: SIMG), the leader in the secure distribution, presentation and storage of high-definition content, today announced the appointment of William J. Raduchel, 59, to the company's board of directors. With more than 30 years experience in the information technology and consumer industries, Raduchel has held various senior executive positions at AOL Time Warner, Inc., Sun Microsystems, Inc., Xerox Corporation, and McGraw-Hill, Inc.
Raduchel will serve as a key strategic advisor to Silicon Image based on his vast business, financial, commercial, consumer, media and technical experience. He is currently the chairman, CEO and a director of Ruckus Network, a digital entertainment network for students at colleges and universities featuring national, local and campus-based programming over the university networks. Prior to that, Raduchel served as executive vice president and Chief Technology Officer of AOL Time Warner, Inc. where he was named "CTO of the Year" by InfoWorld Magazine. He spent 11 years at Sun Microsystems, Inc. in senior executive roles including CIO, CFO, Chief Strategy Officer, acting vice president of human resources, and vice president of corporate planning and development. During this time, he was recognized as "CIO of the Year" by CIO Magazine and "Best CFO in the Computer Industry" by Wall Street Transcript. Raduchel has also held senior executive roles at Xerox Corporation and McGraw-Hill, Inc.
"Bill has been a tremendous resource to Silicon Image over the past several years as a periodic advisor and will continue to serve as a valuable resource to the board and executive team," said Steve Tirado, president and chief executive officer. "His background in consumer markets is invaluable and his strategic insights important to our innovations around secure digital content delivery in the home."
"I have enjoyed advising Silicon Image over the past several years and I'm delighted to now be joining their board," said Raduchel. "The next decade will be driven by digital content delivery systems that must be architected for quality, performance and cost. Silicon Image is well positioned to drive the architecture and standards that will define the home and consumer markets of tomorrow."
Raduchel currently serves on the board of directors of Blackboard, Inc. and Chordiant Software, Inc., both of which are public, and also serves on the boards of In2Books, Stoneacre Partners, and SkyBlue. Raduchel is a member of the National Advisory Board for the Salvation Army and the National Academy of Science Board on Science, Technology and Economic Policy. He was a member of two key Academy panels: the Committee on Internet Navigation and Domain Name Services and the Committee on Intellectual Property Rights in the Knowledge-Based Economy. In addition, he has several issued and pending patents.
Raduchel earned his master's and Ph.D. degrees in economics from Harvard and received a bachelor's in economics from Michigan State University. He was also given an honorary doctorate in business from Michigan Technological University.
About Silicon Image, Inc.
Headquartered in Sunnyvale, Calif., Silicon Image, Inc. is a leader in the secure distribution, presentation and storage of high-definition content. Silicon Image creates and drives industry standards for digital content delivery such as DVI, HDMI and SATA, leveraging strategic partnerships with global leaders in consumer electronics and personal computing. Silicon Image offers robust, high-bandwidth semiconductors in the global PC display, consumer electronics and storage arenas based on its innovative digital interconnect technology and has become one of the top ten IP licensing vendors in the world. For more information on Silicon Image, visit http://www.siliconimage.com.
Forward-looking Statements
This news release contains forward-looking information within the meaning of federal securities regulations. These forward-looking statements include statements related to anticipated developments in digital content delivery systems and related markets, and to Mr. Raduchel's expected contributions to the company and the company's business and technical strategy. These forward-looking statements involve risks and uncertainties, including those described from time to time in Silicon Image's filings with the Securities and Exchange Commission (SEC) that could cause the actual results to differ materially from those anticipated by these forward-looking statements. In particular, future developments in digital content delivery systems and related markets, and Mr. Raduchel's contributions to the company and the company's business and technical strategy, could differ materially from what is currently expected. Silicon Image assumes no obligation to update this forward-looking information.
NOTE: Silicon Image, MSL and http://www.siliconimage.com are trademarks or registered trademarks of Silicon Image, Inc. in the United States and other countries.
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Source: prnewswire
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