Dolby Appoints Emily Rollins to its Board of Directors

Rhea-AI Summary

Dolby Laboratories (NYSE: DLB) has appointed Emily Rollins to its Board of Directors and the Audit Committee, effective February 24, 2021. Rollins, a former Audit and Assurance Partner at Deloitte & Touche LLP, brings over 28 years of experience, particularly in serving technology and media companies. Her leadership at Deloitte focused on audit innovation and diversity initiatives. Dolby Chairman Peter Gotcher expressed enthusiasm for Rollins’s financial expertise, which is expected to strengthen the board’s effectiveness.

Positive

• Appointment of Emily Rollins adds financial expertise to the Board of Directors.
• Rollins's extensive experience with technology and media companies enhances strategic oversight.
• Her leadership in diversity and innovation aligns with current corporate governance trends.

Negative

• Transition may pose risks related to continuity and integration of new board member.

SAN FRANCISCO, Feb. 25, 2021 (GLOBE NEWSWIRE) -- Dolby Laboratories, Inc. (NYSE:DLB) announced today the appointment of Emily Rollins to its Board of Directors and to the Audit Committee of the Board, effective February 24, 2021.

Throughout her career at Deloitte & Touche LLP, Ms. Rollins served in various positions since 1992, including as an Audit and Assurance Partner from 2006 until September 2020. At Deloitte, Ms. Rollins served technology and media companies and guided hundreds of clients through complex audit and reporting processes. Ms. Rollins also served in positions of increasing responsibility, including leadership roles in Deloitte's US Technology, Media, and Telecommunications industry group, Audit Innovation and Transformation, and Diversity and Inclusion. She led firmwide initiatives to recruit, develop, and retain women and diverse professionals as well as transform and modernize Deloitte’s audit platform.

“We are excited to welcome Emily to the Board of Directors,” said Peter Gotcher, Chairman of the Dolby Board of Directors. “Her financial expertise and extensive experience working with companies throughout the technology industry will enhance the strength of our Board.”

Additional details regarding the appointment can be found in a Current Report on Form 8-K filed by Dolby today with the Securities and Exchange Commission.

About Dolby Laboratories
Dolby Laboratories (NYSE: DLB) is based in San Francisco, California with offices around the globe. From movies and TV shows, to apps, music, sports and gaming, Dolby transforms the science of sight and sound into spectacular experiences for billions of people worldwide. We partner with artists, storytellers, developers, and businesses to revolutionize entertainment and communications with Dolby Atmos, Dolby Vision, Dolby Cinema, and Dolby.io.

Dolby, Dolby Atmos, Dolby Vision, Dolby Cinema, Dolby.io, and the double-D symbol are among the registered and unregistered trademarks of Dolby Laboratories, Inc. in the United States and/or other countries. Other trademarks remain the property of their respective owners.

DLB-G

Investor Contact:
Jason Dea
Dolby Laboratories
415-357-7002
investor@dolby.com

Media Contact:
Karen Hartquist
Dolby Laboratories
415-505-8357
karen.hartquist@dolby.com

FAQ

Who is Emily Rollins and what is her role at Dolby?

Emily Rollins has been appointed to the Board of Directors and Audit Committee of Dolby Laboratories effective February 24, 2021.

What experience does Emily Rollins bring to Dolby?

Emily Rollins has over 28 years of experience at Deloitte & Touche LLP, focusing on technology and media companies.

What is the expected impact of Rollins's appointment on Dolby?

Her financial expertise and industry experience are expected to enhance the board's effectiveness and strategic oversight.

When was Emily Rollins appointed to the Dolby Board?

Emily Rollins was appointed to the Dolby Board of Directors on February 24, 2021.