Tessera Appoints Thomas Lacey Chief Executive

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Tessera has appointed Thomas Lacey as chief executive officer. Mr. Lacey, who was appointed interim CEO in May 2013, will continue to serve on the company’s board.

Mr. Lacey, age 55, is the former chairman and CEO of Components Direct, a provider of cloud-based product life cycle solutions, and served in those capacities from May 2011 through April 2013. Previously, he served as the president, CEO and a director of Phoenix Technologies, from February 2010 to February 2011.

Prior to joining Phoenix Technologies, he was corporate vice president and general manager of the SunFab Thin Film Solar Products group of Applied Materials, from September 2009. Mr. Lacey previously served as president of Flextronics International’s Components Division, now Vista Point Technologies, from 2006 to 2007.

Mr. Lacey joined Flextronics in connection with the sale to Flextronics of International Display Works, where he had been chairman, president and CEO from 2004 to 2006. Prior to International Display Works, Mr. Lacey held various management and executive positions at Intel for 13 years, including vice president sales and marketing, president of Intel Americas, and vice president and general manager, Flash Products.

Mr. Lacey currently serves on the board of directors and the audit committee of International Rectifier, and has served in those capacities since March 2008. In May 2012, he was appointed to the board of directors of DSP Group.

Mr. Lacey holds a BA in Computer Science from the University of California, Berkeley, and an MBA from the Leavey School of Business at Santa Clara University.