Silicon Image Appoints Khurram Sheikh as New Chief Strategy and Technology Officer
21 October 2014 - 7:05AM
Business Wire
Seasoned Executive Brings Solid Mobile
Broadband and Internet Expertise
Silicon Image (NASDAQ: SIMG), a leading provider of multimedia
connectivity solutions and services, today announced the
appointment of Khurram Sheikh as Chief Strategy and Technology
Officer, reporting to Silicon Image Chief Executive Officer Camillo
Martino. In the new role, Mr. Sheikh will be responsible for
driving the company’s strategic initiatives and technology
innovation as well as overseeing corporate development, business
development and industry standards activities.
With over 20 years of experience in the mobile broadband and
Internet industry, Mr. Sheikh has been at the forefront of many
groundbreaking efforts, including development of the 4G wireless
technology standards and ecosystem, building the first broadband
wireless 4G network and devices, deploying the first cable Wi-Fi
systems and designing the first integrated 4G-Wi-Fi small cell base
station.
Prior to joining Silicon Image, Mr. Sheikh was founder and CEO
of JKSFS, a communications technology company based in Silicon
Valley. Previously, he served as CEO and CTO of Powerwave
Technologies, Inc., a leading provider of end-to-end wireless
infrastructure solutions. Mr. Sheikh has also held senior executive
positions at Time Warner Cable and Sprint.
“Khurram’s broad experience in the wireless, cable and mobile
Internet industry and strong track record of technology innovation
will be instrumental in driving the strategic direction and future
technology advancements for our existing and future businesses,”
said Camillo Martino, chief executive officer of Silicon Image,
Inc.
“The industry is headed for the next wave of innovation at the
intersection of video, mobility and the cloud making this a very
exciting time to join Silicon Image, who continues to be at the
forefront of connectivity innovations. I look forward to helping
shape the future as part of the Silicon Image team,” said Khurram
Sheikh, chief strategy and technology officer of Silicon Image,
Inc.
Mr. Sheikh received his Bachelor of Science degree in electrical
engineering from the University of Engineering and Technology in
Pakistan with highest honors and a master’s degree in electrical
engineering with a focus on wireless communications from Stanford
University. He has also completed executive development courses at
the Harvard Business School and the Stanford Graduate School of
Business. He is an active board member of several venture-funded
start-up and private equity funded companies focused on
breakthrough technologies that are shaping the communication
ecosystem from the device to the cloud.
In connection with his hiring, Mr. Sheikh was granted an
inducement award on October 15, 2014 consisting of a restricted
stock unit award representing the right to receive 150,000 shares
of the Company’s common stock, which award will vest fully on each
date of December 31, 2015, December 31, 2016 and December 31, 2017,
subject to certain performance criteria based on the Company’s GAAP
earnings per share and subject to his continuous service through
each vesting date. The Compensation Committee of the Company’s
Board of Directors granted the award on October 15, 2014 as an
inducement to Mr. Sheikh’s employment in accordance with NASDAQ
Listing Rule 5635(c)(4).
About Silicon Image, Inc.
Silicon Image (NASDAQ: SIMG) is a leading provider of multimedia
connectivity solutions and services for mobile, consumer
electronics and PC markets. Silicon Image’s semiconductor and
intellectual property products feature wireless and wired
technologies that deliver connectivity across a wide array of
devices in the home, office and on the go. Silicon Image has driven
the creation of the industry standards HDMI®, DVI™, MHL® and
WirelessHD®, and offers manufacturers comprehensive standards
interoperability and compliance testing services via its
wholly-owned subsidiary, Simplay Labs. For more information, visit
http://www.siliconimage.com/.
Silicon Image and the Silicon Image logo are trademarks,
registered trademarks or service marks of Silicon Image, Inc. in
the United States and/or other countries. All other trademarks and
registered trademarks are the property of their respective owners
in the United States and/or other countries.
MEDIA CONTACTS:Silicon Image, Inc.Sherrie Gutierrez,
408-616-4017Sherrie.Gutierrez@siliconimage.comorRacepoint
GlobalAllison DeLeo,
415-694-6711adeleo@racepointglobal.comorINVESTOR
CONTACT:Silicon Image, Inc.Alex Chervet,
408-616-4153Alex.Chervet@siliconimage.com
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