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Tessera Technologies Names Acting CFO

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SAN JOSE, Calif., June 26, 2013 — John Allen has been named interim chief financial officer of Tessera Technologies Inc., effective immediately. He replaces C. Richard Neely, Jr., whose tenure as executive vice president and CFO ended on June 26.

Allen, Tessera’s senior vice president and corporate controller since December 2012, will report to Thomas Lacey, the company’s second interim CEO since early April (See: Tessera Names Second Interim CEO). Allen will be responsible for the company’s finance, accounting, financial planning, IT and investor relations functions in addition to his ongoing duties as corporate controller.

“John has demonstrated through his position as the company’s corporate controller and in his over 20 years of financial and managerial experience with high technology companies that he will be a vital contributor and leader as the company continues to execute on its strategic plan for long-term sustainable growth and profitability,” Lacey said.

Allen previously was vice president, corporate controller and chief accounting officer of Corsair Components Inc. Before that, he served as corporate controller and CFO of Leadis Technology Inc. Allen has also served in finance and accounting roles for a number of other publicly traded technology companies, including Advanced Micro Devices, Xilinx, and Asyst Technologies, and formerly was employed by Ernst & Young as a certified public accountant.

For more information, visit:
Jun 2013
Advanced Micro DevicesAmericasAsyst TechnologiesBusinessC. Richard Neely Jr.CaliforniaCorsair Components Inc.EmploymentErnst & Younginterim CFOJohn AllenLeadis Technology Inc.opticsTessera Technologies Inc.Thomas LaceyXilinx

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