STOCK TITAN

Lattice Semiconductor Announces New Executive Leadership Team Appointments

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Very Positive)
Tags
management

Lattice Semiconductor (NASDAQ: LSCC) announced key changes to its executive leadership team. Lorenzo Flores has been appointed as Chief Financial Officer, Nicole Singer as Chief People Officer, and Erhaan Shaikh has been promoted to Senior Vice President of Worldwide Sales. Additionally, Tonya Stevens, who served as interim CFO since October 2024, has been promoted to Chief Accounting Officer.

These appointments come as Terese Kemble, Chief People Officer since 2019, and Mark Nelson, Senior Vice President of Worldwide Sales since 2019, announce their retirement. Both will remain with the company temporarily to support the transition. Shaikh, who has been with Lattice since 2020, was previously Corporate Vice President of Worldwide Channel Sales.

Lattice Semiconductor (NASDAQ: LSCC) ha annunciato importanti cambiamenti nel suo team esecutivo. Lorenzo Flores è stato nominato Chief Financial Officer, Nicole Singer Chief People Officer, e Erhaan Shaikh è stato promosso a Senior Vice President delle Vendite Globali. Inoltre, Tonya Stevens, che ha ricoperto il ruolo di CFO ad interim dal octubre 2024, è stata promossa a Chief Accounting Officer.

Queste nomine arrivano in seguito all'annuncio del pensionamento di Terese Kemble, Chief People Officer dal 2019, e di Mark Nelson, Senior Vice President delle Vendite Globali dal 2019. Entrambi rimarranno temporaneamente con l'azienda per supportare la transizione. Shaikh, che è entrato in Lattice nel 2020, era precedentemente Vice Presidente Corporate delle Vendite Globali.

Lattice Semiconductor (NASDAQ: LSCC) anunció cambios importantes en su equipo de liderazgo ejecutivo. Lorenzo Flores ha sido nombrado Chief Financial Officer, Nicole Singer Chief People Officer, y Erhaan Shaikh ha sido ascendido a Senior Vice President de Ventas Mundiales. Además, Tonya Stevens, quien ha servido como CFO interino desde octubre de 2024, ha sido promovida a Chief Accounting Officer.

Estos nombramientos se producen tras el anuncio de jubilación de Terese Kemble, Chief People Officer desde 2019, y Mark Nelson, Senior Vice President de Ventas Mundiales desde 2019. Ambos permanecerán temporalmente en la empresa para apoyar la transición. Shaikh, quien ha estado en Lattice desde 2020, fue anteriormente Vicepresidente Corporativo de Ventas Mundiales.

Lattice Semiconductor (NASDAQ: LSCC)는 임원 리더십 팀에 대한 주요 변경 사항을 발표했습니다. Lorenzo Flores가 최고 재무 책임자로 임명되었고, Nicole Singer가 최고 인사 책임자로, Erhaan Shaikh는 세계 판매 수석 부사장으로 승진했습니다. 또한, Tonya Stevens는 2024년 10월부터 임시 CFO로 재직해 왔으며, 최고 회계 책임자로 승진했습니다.

이러한 임명은 2019년부터 최고 인사 책임자로 재직해온 Terese Kemble와 2019년부터 세계 판매 수석 부사장으로 재직해온 Mark Nelson이 은퇴를 발표한 것에 따른 것입니다. 두 사람은 전환을 지원하기 위해 회사에 임시로 남게 됩니다. Shaikh는 2020년부터 Lattice에서 근무했으며, 이전에는 세계 채널 판매의 부사장이었습니다.

Lattice Semiconductor (NASDAQ: LSCC) a annoncé des changements clés au sein de son équipe de direction. Lorenzo Flores a été nommé Chief Financial Officer, Nicole Singer Chief People Officer, et Erhaan Shaikh a été promu Senior Vice President des Ventes Mondiales. De plus, Tonya Stevens, qui a été CFO par intérim depuis octobre 2024, a été promue au poste de Chief Accounting Officer.

Ces nominations interviennent alors que Terese Kemble, Chief People Officer depuis 2019, et Mark Nelson, Senior Vice President des Ventes Mondiales depuis 2019, annoncent leur départ à la retraite. Tous deux resteront temporairement au sein de l'entreprise pour soutenir la transition. Shaikh, qui est chez Lattice depuis 2020, était auparavant Vice-président Corporate des Ventes Mondiales.

Lattice Semiconductor (NASDAQ: LSCC) hat wichtige Änderungen im Führungsteam bekannt gegeben. Lorenzo Flores wurde zum Chief Financial Officer ernannt, Nicole Singer zum Chief People Officer, und Erhaan Shaikh wurde zum Senior Vice President für weltweite Verkäufe befördert. Darüber hinaus wurde Tonya Stevens, die seit Oktober 2024 als interim CFO tätig war, zur Chief Accounting Officer befördert.

Diese Ernennungen erfolgen, da Terese Kemble, seit 2019 Chief People Officer, und Mark Nelson, seit 2019 Senior Vice President für weltweite Verkäufe, ihren Ruhestand bekannt gegeben haben. Beide werden vorübergehend im Unternehmen bleiben, um den Übergang zu unterstützen. Shaikh, der seit 2020 bei Lattice ist, war zuvor Corporate Vice President für weltweite Vertriebskanäle.

Positive
  • Strategic strengthening of executive team with experienced FPGA industry veterans
  • Internal promotion demonstrates strong succession planning with Erhaan Shaikh's elevation
  • Smooth transition plan with retiring executives staying to support handover
Negative
  • Simultaneous departure of two senior executives (Sales and People) could create short-term operational challenges
  • Multiple leadership changes may cause temporary organizational disruption

FPGA industry veterans Lorenzo Flores, Nicole Singer, and Erhaan Shaikh bring deep experience driving strategic company growth

HILLSBORO, Ore.--(BUSINESS WIRE)-- Lattice Semiconductor Corporation (NASDAQ: LSCC), the low power programmable leader, today announced multiple new executive leadership team members. Lorenzo Flores joined the company as Chief Financial Officer, Nicole Singer as Chief People Officer, and Erhaan Shaikh has been promoted to Senior Vice President of Worldwide Sales, effective immediately.

In addition, Tonya Stevens, who served as interim CFO since October 2024, is promoted to Lattice Chief Accounting Officer. Terese Kemble, who served as Chief People Officer since 2019, and Mark Nelson, Senior Vice President of Worldwide Sales since 2019, are retiring and will remain at the company for the next few weeks to support transitions. Nelson’s successor, Shaikh, has been with Lattice since 2020 and most recently served as Corporate Vice President, Worldwide Channel Sales.

“We are proud to add these strong new leaders and FPGA industry veterans to the Lattice executive team at this important inflection point in our journey, as we drive our next phase of growth,” said Ford Tamer, Chief Executive Officer, Lattice Semiconductor. “Lorenzo is an exceptional leader with a proven track record of driving transformational growth as the CFO of several industry leading companies throughout his career. Nicole brings a wealth of experience and a people-first leadership style that will be central to our ability to continue building and developing our world-class global workforce. Erhaan’s strong sales expertise and deep knowledge of our customers’ needs make him the ideal new leader of our Sales organization.”

Tamer continued, “On behalf of the entire Lattice team, I want to thank Terese and Mark for their leadership during a significant time of transformation for the company that created the strong foundation upon which we will deliver future growth. Additionally, I am grateful to Tonya for her strong leadership as interim CFO and look forward to continuing to work closely with her as she continues to lead and drive key financial initiatives in her new role.”

About Lorenzo Flores, Lattice CFO

Flores said, “I’m thrilled to join Lattice as its new CFO as the company sets its eyes on a new phase of growth. I look forward to working alongside Ford, Tonya, the entire finance organization, and all of Team Lattice to further the company’s leadership position and drive long-term shareholder returns.”

Stevens added, “Lorenzo is a great addition to Lattice and I look forward to working closely with him to further improve our financial position and execution fidelity as we take Lattice to the next level together.”

Flores has more than 30 years of technology industry and financial leadership experience driving all aspects of financial planning and operations, reporting, accounting, treasury, tax, M&A, government affairs, and investor relations. He has a proven track record of driving transformation and growth as CFO at Intel Foundry, Xilinx, and UXComm, and as Executive Vice Chairman for Kioxia, Inc. He also held a variety of other roles at Intel, and Cognizant Technology Solutions, amongst others, throughout his career. He has an MBA from UCLA Anderson School of Management, as well as bachelor’s degrees in civil engineering and management science from Massachusetts Institute of Technology (MIT).

About Nicole Singer, Lattice Chief People Officer

“Lattice is a company with a strong history of innovation and growing momentum in a lucrative market. I’m excited to work closely with the leadership team and all Lattice employees to build on the company’s strong foundation to create new growth opportunities that drive our future success,” said Singer.

Singer brings 30 years of human resources and technical leadership experience to her role, having led global human resources during transformational growth phases as Chief Human Resources Officer of SiFive, Senior Vice President of Worldwide Human Resources at Synaptics, and Vice President of Global Human Resources at Xilinx. Her expertise spans HR strategy, operations, and execution, in addition to her technical background in business applications. Singer holds an MBA and Master of Science degree in Management Information Systems (MIS) from Boston University and a bachelor’s degree in Sociology, with a minor in Psychology and Business, from George Washington University.

About Erhaan Shaikh, Lattice Senior Vice President of Worldwide Sales

Shaikh said, “I’m honored to be named SVP of Worldwide Sales for Lattice as we take the company to new heights. During my time at the company, I have been fortunate to learn from Mark and foster meaningful relationships with our extensive customer base. We have tremendous opportunities ahead for our product portfolio that is geared to our customers’ needs today and in the future, and I look forward to leading the sales team as we accelerate our growth.”

Shaikh has more than 35 years of technology industry experience spanning sales, marketing, and engineering. Since joining Lattice in 2020, his leadership has transformed the company’s worldwide distribution and channel strategy, pricing policy, and customer supply management, and helped deepen the company’s customer and partner relationships. Before joining Lattice, Shaikh was Senior Vice President, Sales and Marketing at Fungible (acquired by Microsoft). Prior to that, he spent 15 years at Intel/Altera in several sales engineering, regional, and business unit leadership roles, in addition to previous roles at Synplicity, Xilinx, and Wyle Electronics. Shaikh completed the Stanford-Intel Executive Accelerator Program at the Stanford Graduate School of Business; he also holds a Master of Engineering Management degree from Santa Clara University, and a Bachelor of Electrical Engineering degree from University of California, Davis.

About Lattice Semiconductor

Lattice Semiconductor (NASDAQ: LSCC) is the low power programmable leader. We solve customer problems across the network, from the Edge to the Cloud, in the growing Communications, Computing, Industrial, Automotive, and Consumer markets. Our technology, long-standing relationships, and commitment to world-class support let our customers quickly and easily unleash their innovation to create a smart, secure, and connected world.

For more information about Lattice, please visit www.latticesemi.com. You can also follow us via LinkedIn, X, Facebook, YouTube, WeChat, or Weibo.

Forward-Looking Statements

Statements in this press release that refer to future plans and expectations are forward-looking statements that involve a number of risks and uncertainties. Words such as “anticipates,” “expects,” “intends,” “goals,” “plans,” “believes,” “seeks,” “estimates,” “continues,” “may,” “will,” “would,” “should,” “could,” and variations of such words and similar expressions are intended to identify such forward-looking statements. Such forward-looking statements include, but are not limited to, statements relating to growth, acceleration of growth, improvement of our financial position, lucrative markets, the Company’s leadership position, long-term shareholder returns, and product portfolio opportunities. A number of important factors could cause actual results to differ materially from our expectations and actual results are subject to risks and uncertainties that relate more broadly to our overall business, including those described in Item 1A in Lattice’s most recent Annual Report on Form 10-K and as may be supplemented from time-to-time in Lattice’s other filings with the Securities and Exchange Commission, all of which are expressly incorporated herein by reference.

Lattice Semiconductor Corporation, Lattice Semiconductor (& design), and specific product designations are either registered trademarks or trademarks of Lattice Semiconductor Corporation or its subsidiaries in the United States and/or other countries. The use of the word “partner” does not imply a legal partnership between Lattice and any other entity.

GENERAL NOTICE: Other product names used in this publication are for identification purposes only and may be trademarks of their respective holders.

MEDIA CONTACT:

Sophia Hong

Lattice Semiconductor

503-268-8786

Sophia.Hong@latticesemi.com



INVESTOR CONTACT:

Rick Muscha

Lattice Semiconductor

408-826-6000

Rick.Muscha@latticesemi.com

Source: Lattice Semiconductor Corporation

FAQ

Who is the new CFO of Lattice Semiconductor (LSCC) in 2024?

Lorenzo Flores has been appointed as the new Chief Financial Officer of Lattice Semiconductor, effective immediately.

What major executive changes did Lattice Semiconductor (LSCC) announce?

Lattice announced three key appointments: Lorenzo Flores as CFO, Nicole Singer as Chief People Officer, Erhaan Shaikh as SVP of Worldwide Sales, and Tonya Stevens' promotion to Chief Accounting Officer.

Which senior executives are retiring from Lattice Semiconductor (LSCC)?

Terese Kemble (Chief People Officer since 2019) and Mark Nelson (Senior Vice President of Worldwide Sales since 2019) are retiring from Lattice Semiconductor.

What was Erhaan Shaikh's previous role at LSCC before becoming SVP of Worldwide Sales?

Erhaan Shaikh previously served as Corporate Vice President of Worldwide Channel Sales at Lattice Semiconductor since joining the company in 2020.

Lattice Semiconductor Corp

NASDAQ:LSCC

LSCC Rankings

LSCC Latest News

LSCC Stock Data

9.37B
134.92M
1.55%
111.95%
7.14%
Semiconductors
Semiconductors & Related Devices
Link
United States
HILLSBORO