Silvaco Announces the Appointment of Five Industry Veterans to its Board of Directors

SANTA CLARA, Calif.–(BUSINESS WIRE)–Silvaco Group, Inc. (“Silvaco”), a provider of TCAD, EDA software and design intellectual property, today announced the addition of John Cleveland, Dr. Hau Lee, William Molloie, Dr. Walden Rhines and Jodi Shelton to its Board of Directors (the “Board”). The new members bring a wealth of financial, business and operational expertise to the Board of Directors to help oversee Silvaco’s domestic and global operations.

“The new board members are all accomplished executives with strong technology, management, financial and human resources experience in the high-tech market,” said Kathy Pesic, board chair. ‘administration. “These additions to the Board of Directors will guide our activities as we continue to serve the semiconductor and optoelectronics design communities and help strengthen Silvaco’s corporate governance.”

John Cleveland was chief human resources officer of Seagate Technology Holdings plc, a storage and data management solutions company, from 2017 to 2020, and vice president of global compensation, benefits, mobility, compliance and mergers and acquisitions from 2006 to 2017. Prior to joining Seagate, Mr. Cleveland held leadership and human resources positions at various high-tech systems, software, semiconductor and aerospace companies. Mr. Cleveland is a senior advisor to SkyDeck Berkeley, a startup accelerator at the University of California, Berkeley, is an executive advisor to Empath Ventures and Neowork Ventures, and was an adjunct lecturer at San State University. Joseph. Mr. Cleveland holds a BA in Industrial Psychology from the University of California, Berkeley and an MBA from Pepperdine University.

Dr. Hau L. Lee is the Thoma Professor of Operations, Information, and Technology at Stanford Graduate School of Business. His areas of specialization include global value chain innovations, supply chain management, global logistics, inventory modeling, and environmental and social responsibility. Dr. Lee is also Academic Advisor to the Stanford Institute for Innovations in Developing Economies and Co-Director of the Stanford Value Chain Innovation Initiative. Dr. Lee was elected to the US National Academy of Engineering and is a Fellow of INFORMS, MSOM and POMS. He has consulted extensively in the public and private sectors and was a co-founder of DemandTec, which went public in 2007. Dr. Lee serves on the board and advisory board of several logistics services and supply chain software companies and also delivered training workshops on supply chain management and global logistics in Asia, Europe and [North] America. Dr. Lee earned a B.Soc.Sc. in Economics and Statistics from the University of Hong Kong, an M.Sc. in Operations Research from the London School of Economics, and an MSc and Ph.D. in operations research from the Wharton School of the University of Pennsylvania.

William Molloie is currently a lecturer in the graduate program at the Rady School of Management at the University of California, San Diego and is a member of the Board of Directors and Compensation Committee of a stage-stage biotechnology company. startup based in San Diego. In July 1986, Mr. Molloie joined PricewaterhouseCoopers (“PwC”) and served as an insurance partner from October 1997 until June 2020. Mr. Molloie’s primary areas of expertise include mergers and acquisitions, capital transactions , initial and secondary public offerings, investments and venture capital. During his tenure at PwC, Mr. Molloie served as a senior partner to numerous public and private clients in technology and pharmaceutical and life sciences in Philadelphia, China and Southern California, and led PwC’s pharmaceutical/life sciences practice in Southern California.

Dr. Walden “Wally” C. Rhines is President and Chief Executive Officer of Cornami, Inc. Dr. Rhines previously served as Chief Executive Officer of Mentor Graphics for 23 years and Chairman of its Board of Directors for 17 years. Prior to joining Mentor Graphics, Dr. Rhines served as Executive Vice President, Semiconductor Group, of Texas Instruments and was responsible for the company’s worldwide semiconductor business. Dr. Rhines serves on the board of QORVO and previously served on the board of Cirrus Logic, TriQuint Semiconductor, Global Logic, PTK Acquisition Corp. and SRC and as Chair of the Electronic Design Automation Consortium (for five two-year terms). He is a life member of the IEEE and has served on the board of trustees for Lewis and Clark College, the national advisory board for the University of Michigan, and industry committees advising Stanford University and the University of Florida. Dr. Rhines earned a BSE in Metallurgical Engineering from the University of Michigan, a Masters and a Ph.D. in materials science and engineering from Stanford University, an MBA from Southern Methodist University, and honorary doctorates in technology from the University of Florida and Nottingham Trent University. In 2021, the Global Semiconductor Alliance awarded Dr. Rhines its prestigious Dr. Morris Chang Exemplary Leadership Award.

Jodi Shelton is co-founder and CEO of the Global Semiconductor Alliance (“GSA”). A pioneer in the tech space, Shelton was instrumental in founding the Alliance and has continually addressed global industry issues as a spokesperson for its members. Under Ms. Shelton’s leadership, the GSA has expanded its membership to include companies across the supply chain, representing 45 countries around the world. She is the key liaison between the GSA and the business community at financial and industry conferences, providing information on key topics relating to the global fabless supply chain. Ms. Shelton also co-founded Shelton Group, a strategic investor relations firm in February 1994 and has been its president since its inception. Ms. Shelton holds a bachelor’s degree in political science from San Diego State and a master’s degree in political science from the University of Houston. She also received certification from Columbia Business School’s Corporate Governance Program.

“We are delighted to welcome the new board members to the board,” said Babak Taheri, CEO of Silvaco Group. “This is an exciting time for Silvaco. We have worked diligently to ensure Silvaco’s board and management represent a variety of experts in the semiconductor market and the new additions are no exception. .

About Silvaco Group, Inc.

Silvaco is a semiconductor design TCAD, EDA and IP software provider, used for process and device development for advanced semiconductors, power ICs, display, memory and SoC design. Silvaco is headquartered in Santa Clara, California, and has a global presence with offices located in North America, Europe, Brazil, China, Japan, Korea, Singapore and Taiwan.

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