Video Interview: Rick Clemmer, Director, President and Chief Executive Officer, NXP Semiconductors N.V. [NXPI]

NEW YORK, 2014-11-13 19:03 CET (GLOBE NEWSWIRE) -- Veteran business journalist Kelsey Hubbard joins Rick Clemmer, Director, President and Chief Executive Officer, NXP Semiconductors N.V. [NXPI] to discuss the company's industry, strategy, financials and positioning.

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Rick Clemmer, NXP Semiconductors N.V. [NXPI]
Director, President and Chief Executive Officer

Mr. Clemmer became executive director, president and chief executive officer on January 1, 2009. Prior to that, from December 2007, Mr. Clemmer was a member of the supervisory board of NXP B.V. and a senior advisor of Kohlberg Kravis Roberts & Co. Prior to joining NXP, he drove the turnaround and re-emergence of Agere Systems Inc., a spin-out from Lucent Technologies Inc. and a leader in semiconductors for storage, wireless data, and public and enterprise networks.

He also served as Chairman of u-Nav Microelectronics Corporation, a leading GPS technology provider, and held a five-year tenure at Quantum Corporation where he was executive vice president and chief financial officer. Prior to that, Mr. Clemmer worked for Texas Instruments Incorporated as senior vice president and semiconductor group chief financial officer.

Mr. Clemmer also serves on the board of NCR Corporation.

NXP Semiconductors N.V. [NXPI]

The electronics industry is being driven by four mega trends that are helping shape our society: Energy Efficiency, Connected Devices, Security and Health. Connecting to these trends and enabling Secure Connections for a Smarter World, NXP Semiconductors N.V. (Nasdaq:NXPI) creates solutions for the Connected Car, Cyber Security, Portable & Wearable and the Internet of Things. Through our innovations, customers across a wide variety of industries – including automotive, security, connected devices, lighting, industrial and infrastructure – are able to differentiate their products through features, cost of ownership and/or time-to-market.