Jeremi Gorman and Roderick Randall Have
Expertise in Content Monetization, Digital Media, Automotive
Technology and Capital Allocation
Board Expands to Seven Directors
Xperi Inc. (NYSE: XPER) (the "Company" or "Xperi"), an
entertainment technology company that invents, develops and
delivers technologies that enable extraordinary experiences, today
announced the appointment of Jeremi A. Gorman and Roderick K.
(“Rod”) Randall to the Board of Directors (the “Board”), effective
June 10, 2024. Following the appointment of Ms. Gorman and Mr.
Randall, the Board consists of seven directors, six of whom are
independent.
“We welcome Jeremi and Rod, both accomplished leaders with
domain expertise relevant to our business needs, to the Xperi
Board,” said David C. Habiger, Chair of the Xperi Board. “Their
appointments represent the culmination of a thorough process to
augment the Board’s composition that began shortly after the
Company’s separation from Adeia. These new directors have insights
and experience that will help advance our core growth initiatives
in streaming, consumer audio and entertainment, connected car and
connected TV advertising.”
Jon E. Kirchner, CEO of Xperi, added, “The addition of Jeremi
and Rod enhances our Board’s skills and perspectives, while
bolstering the Board’s expertise across key functional disciplines,
such as product development, commercialization and capital
allocation. I look forward to collaborating with them and
benefitting from their experience.”
About Jeremi A. Gorman
Ms. Gorman has more than 20 years of experience building and
scaling digital media businesses. Most recently, she served as
President of Worldwide Advertising for Netflix, Inc. (Nasdaq:
NFLX), where she was responsible for launching the company’s first
ad-supported streaming service.
Before joining Netflix in 2022, Ms. Gorman served as Chief
Business Officer of Snap Inc. (NYSE: SNAP), the parent company of
Snapchat, where she was responsible for global revenue. Previously,
Ms. Gorman served in a variety of roles at Amazon.com, Inc.
(Nasdaq: AMZN), including as Global Head of Enterprise Advertising
Sales. Earlier in her career, she held advertising and marketing
roles at Yahoo!, Variety and Monster.com. Ms. Gorman currently
serves as a senior advisor and is an active angel investor.
Ms. Gorman holds a bachelor’s degree from the University of
California, Los Angeles and an MBA from Pennsylvania State
University. Ms. Gorman is also a founding investor in Angel City
Football Club and serves on the board of Women for Women
International, as well as GameSquare Holdings, Inc. (Nasdaq: GAME)
and Revitate.
Ms. Gorman has also been appointed to the Board’s Nominating and
Corporate Governance Committee.
About Roderick K. Randall
Mr. Randall has over 25 years of experience in the wireless,
telecommunications, computer-networking and electric vehicle
industries. He is currently an Executive Partner at Siris Capital
Group, LLC, a private equity investment firm focused on building
value at complex telecom and technology companies operating at
scale. Prior to Siris Capital, Mr. Randall was a founding partner
at S1 Capital Partners. He was also a founding partner at Vesbridge
Partners and a General Partner at St. Paul Venture Capital, where
he led the mobile investment practice.
Previously, Mr. Randall served as the Chief Marketing Officer at
Lucent Technologies, one of the world’s largest telecommunications
equipment providers, and was Vice President of Marketing at Ascend
Communications (sold to Lucent Technologies). Prior to that, he was
Vice President of Strategic Market Development at Madge Networks,
following its acquisition of Teleos Communications. Mr. Randall
co-founded Teleos Communications in 1987 and served in a variety of
roles, including Chief Technology Officer, Vice President of
Marketing and Business Development. He began his career at AT&T
Bell Laboratories and holds several U.S. patents.
Mr. Randall currently serves as chairman of the board of
directors at MagLev Aero Inc., a member of the board of directors
at Mavenir Systems Inc. and Fisker Inc. (NYSE: FSR), and is a
member of the board of trustees at Vaughn College of Aeronautics
and Technology.
He holds a Bachelor of Electrical Engineering with Highest
Honors from Georgia Institute of Technology, and a Master of
Sciences in Electrical Engineering and Computer Science from the
University of California, Berkeley.
Mr. Randall has also been appointed to the Compensation
Committee of the Board.
About Xperi Inc.
Xperi invents, develops, and delivers technologies that enable
extraordinary experiences. Xperi technologies, delivered via its
brands (DTS®, HD Radio™, TiVo®), and by its startup, Perceive, are
integrated into billions of consumer devices and media platforms
worldwide, powering smart devices, connected cars and entertainment
experiences, including IMAX® Enhanced, a certification and
licensing program operated by IMAX Corporation and DTS, Inc. Xperi
has created a unified ecosystem that reaches highly engaged
consumers, driving increased value for partners, customers and
consumers.
©2024 Xperi Inc. All Rights Reserved. Xperi, TiVo, DTS, HD
Radio, DTS Play-Fi, Perceive and their respective logos are
trademark(s) or registered trademark(s) of Xperi Inc. or its
subsidiaries in the United States and other countries. IMAX is a
registered trademark of IMAX Corporation. All other trademarks and
content are the property of their respective owners.
XPER-C
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version on businesswire.com: https://www.businesswire.com/news/home/20240610592578/en/
Xperi Investor Contact: Mike Iburg VP, Investor Relations
+1 408-321-3827 ir@xperi.com
Media Contact: Amy Brennan Senior Director, Corporate
Communications +1 949-518-6846 amy.brennan@xperi.com
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