January 25, 2011 - BUSINESS WIRE -- Tessera Technologies Inc. (Nasdaq:TSRA) announced that Bruce McWilliams, PhD, chief executive officer of SuVolta, Inc., has resigned as a member of Tessera’s board of directors effective immediately, to devote his time and attention to the needs of SuVolta's growing business.
"Bruce has been a valuable contributor to Tessera, both as a member of our board and as our former chief executive officer," said Tessera’s chairman and chief executive officer Henry R. Nothhaft. "His leadership and insight have been great assets to Tessera, and I would like to thank him for many years of dedicated service."
McWilliams joined Tessera’s board of directors in June 1999, and he served as the company’s president and chief executive officer from June 1999 to July 2008 and as the company’s chief strategy officer from August 2008 to April 2009.
"It has been personally and professionally gratifying to work with Tessera," McWilliams said. "I look forward to following the company’s progress, and I wish the entire Tessera team the very best."
The company is currently conducting a search for his replacement.
Tessera Technologies Inc. invests in, licenses and delivers innovative miniaturization technologies that transform next-generation electronic devices. For information go to www.tessera.com.