McGregor Takes Seat as Broadcom President and CEO
Online staff -- EDN, October 26, 2004
Scott A. McGregor is moving to Broadcom Corp. as president and CEO, effective January 3, 2005.
McGregor, who in September announced he was leaving Netherlands-based Philips Semiconductors to come back to the United States full-time, will succeed Broadcom's current president and CEO Alan E. "Lanny" Ross, who will retire upon McGregor's arrival.
Ross took the seat in January 2003, when former CEO and co-founder Henry T. Nicholas III stepped down. At that time, Ross indicated that he would remain as CEO only until a new permanent chief executive was selected and in place. Ross will remain a member of the Broadcom board after retiring from the CEO position.
McGregor has been president and CEO of Philips semiconductor since September 2001. His resignation is effective at the end of this year, and under his agreement with Broadcom, he will become take the president and CEO seat on the first business day of 2005. At that time he will also be appointed to the Broadcom board of directors, the company said.
"Scott is the ideal CEO for Broadcom at this point in its growth," Ross said in a statement. "He has an excellent understanding of our technologies and end markets, and he knows how to identify future promising emerging markets and profitably grow a business. In his leadership role at Philips, he has unique experience in successfully managing a multi-billion dollar global semiconductor enterprise focused on communications applications for products in the home, in businesses, and in mobile settings. And his extensive background in software and in entrepreneurial companies will be a great asset for Broadcom at this stage of its development."
Prior to Philips, McGregor held senior management positions at the Xerox Palo Alto Research Center, where he was involved in designing software for the first personal computers employing graphical user interfaces, and at Microsoft, where he was the architect and development team leader of the original version of Microsoft Windows. Additionally, he served in senior positions at Digital Equipment Corporation (now part of HP), where he led the UNIX workstation software group and was one of the architects of the X Window System, and the Santa Cruz Operation, a provider of network computing solutions, where he helped pioneer open software standards.
"The chance to join Broadcom in January as chief executive at this stage in its growth and development is the opportunity of a lifetime," McGregor said. "Broadcom has built a solid global reputation as a technology and product leader in many wired and wireless communications markets, with a record of consistently superior execution by some of the best engineering talent in the industry. I am looking forward to leading this dynamic team in the future as Broadcom addresses tremendous potential opportunities.
