Xilinx CEO change: COO Victor Peng to replace Moshe Gavrielov
“It has been a great privilege to have had the opportunity to lead Xilinx over the past ten years,” said Gavrielov in a company statement. “Xilinx invented the world’s most successful programmable logic category in 1985 and has maintained its leadership ever since. Over the past years, Xilinx has expanded its market share, achieving an unprecedented position of strength, opportunity, and momentum because of the incredible calibre of our people. Our company culture is imbued with outstanding operational execution while delivering unique technological innovation. These attributes are coupled with a unique commitment to enable significant differentiation to thousands of customers across a diverse set of end markets. I am delighted to have the opportunity to hand over the reins at Xilinx to my long-time colleague, Victor Peng. I am confident in the future success of Xilinx as he embodies all the qualities of a great leader: integrity, intelligence, and enthusiasm.”
Victor Peng has been appointed as president and chief executive officer, effective January 29, 2018, becoming the fourth CEO in Xilinx’s history.
“Victor is unique in his ability to translate vision and strategy into world-class execution and has an incredible ability to inspire and lead transformation. He has been the architect of Xilinx’s innovations for the past decade and will move the company forward with the speed required to capitalize on the opportunities in front of us,” said Dennis Segers, chairman of the board of Xilinx.
“Victor is a proven leader with exceptional business acumen and a deep, unwavering dedication to customers. The BOD is thrilled to appoint Victor CEO as the company enters its next chapter of expanded innovation and growth.”
“I’m honoured to have been chosen to lead Xilinx at such a dynamic time in our industry,” said Peng. “The world of technology is changing rapidly, and I plan to architect Xilinx to take advantage of where I see the greatest opportunities for transformational growth. Xilinx is in a rare position of strength and is poised to capitalize on the next shift in computing. By focusing on delivering unique value to new areas as well as our traditional markets, I plan to accelerate the company’s growth and create the next wave of shareholder value.”
Since joining the company in 2008, Peng has spearheaded industry-leading strategy and technical shifts across the company’s portfolio of products and services, resulting in three consecutive generations of core product leadership and significant technology breakthroughs in integration and programming. Most recently, he served as Chief Operating Officer and was appointed as a member of the board of directors in October 2017.
Before joining Xilinx, Peng served as corporate vice president of the graphics products group (GPG) silicon engineering at AMD, where he also served as a key leader in AMD’s central silicon engineering team supporting graphics, console game products, CPU chipset and consumer business units. Peng earned a bachelor’s in electrical engineering from Rensselaer Polytechnic Institute, and a master’s in electrical engineering from Cornell University.
Xilinx – www.xilinx.com
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