Teridian Semiconductor Corporation today announced that it has appointed Pete Todd as Vice President of Worldwide Sales. Todd will report to Gerald Fitch, Teridian's President and CEO, and will be tasked with taking the company to the next level by running worldwide sales and introducing the company's strong semiconductor portfolio to industrial and consumer market leaders.
“We are pleased to have Pete join the Teridian team. His prior experience in building a strong global sales channel, coupled with our new product introductions in 2007 should allow us to continue to aggressively ramp our business,” said Jerry Fitch, President and CEO of Teridian.
With 20 years of experience in the industry, Todd came to Teridian after spending nearly 6 years successfully building strong global teams and sales tractions at TransDimension, acquired by Oxford Semiconductor; and Quartics. Prior to TransDimension, Todd spent over 11 years at Toshiba America Electronic Components, where Todd and his team of 115 sales, application engineers and customer service professionals generated annual revenues in excess of $1 billion. Prior to Toshiba, Todd held various roles with the Northrop Corporation.
Todd holds a Masters in Business Administration and a Bachelor of Science in Biomedical/Electrical Engineering from the University of Southern California.
About Teridian Semiconductor Corp.
Teridian Semiconductor Corp. based in Irvine, CA is a fabless semiconductor company which designs and develops advanced analog and mixed-signal integrated circuits, based on the latest CMOS technology. Teridian provides best in class mixed signal System-On-Chip solutions for Energy Management, Industrial Automation, Secure Access and Networking. These solutions play an integral role in applications such as: utility metering; smart card payment and identification terminals; consumer audio/video devices; SIM card readers; measurement; industrial sensor measurement and control; and broadband networking. Additional company and product information can be found at http://www.teridian.com.
About Golden Gate Capital
Golden Gate Capital is a San Francisco-based private equity investment firm with approximately $2.5 billion of capital under management. Golden Gate is dedicated to partnering with world-class management teams to invest in change-intensive, growth businesses. The firm targets investments of up to $200m in situations where there is a demonstrable opportunity to significantly enhance a company's value. The principals of Golden Gate have a long and successful history of investing with management partners across a wide range of industries and transaction types, including leverage buyouts, recapitalizations, corporate divestitures and spin-offs, build-ups and venture stage investing. Additional company information can be found at http://www.goldengatecap.com.