New CFO Brings More Than 30 Years of Technology Company Financial
Expertise
Tessera Technologies, Inc. (NASDAQ:TSRA), a leading provider of
miniaturization technologies for the electronics industry, announced
today Michael Anthofer has been named executive vice president and CFO,
effective immediately. Anthofer will report to CEO and President Henry
R. “Hank” Nothhaft
and be responsible for the company’s finance,
accounting, strategic planning and investor relations.
“We are delighted Mike has agreed to join the
Tessera management team,” said Nothhaft. “His
wide-ranging experience in fast-growing technology-based companies both
public and private, leadership ability, financial acumen, and
team-building skills are exactly what Tessera is looking for in a CFO. I
have worked with Mike previously and know firsthand, based on his track
record, he has the ability to guide our finance team as we continue to
grow our worldwide business.”
“Tessera is an innovative and exciting company
with outstanding IP and technology, and a successful acquisition
strategy,” stated Anthofer. “I
look forward to working with my new team to further expand Tessera’s
business footprint and help manage and execute its long-term growth
strategy.”
Anthofer, 56, joins Tessera from Kodiak Networks Inc., a privately held
provider of mobile solutions to wireless providers he joined in 2003 as
vice president and CFO. Prior to Kodiak, he served as senior vice
president and CFO of Smartpipes Inc., a maker of network access control
software. Before joining Smartpipes, Inc., in 2001, Anthofer was senior
vice president and CFO of Concentric Network Corp., which merged with
Nextlink Communications to form XO Communications. Anthofer grew the
company from $2 million in annual revenue to over $250 million in five
years and was instrumental in taking the company public in August of
1997. Prior to Concentric he served as executive vice president and CFO
of Shared Resources Exchange Inc., a digital switching equipment maker.
Earlier, he held several vice president level positions at DSC
Communications Corporation, a Fortune 1000 corporation.
Anthofer earned an M.B.A. from the Haas School of Business at the
University of California at Berkeley and a B.S. in Business
Administration from U.C. Berkeley.
Anthofer succeeds Charles A. Webster, who resigned Sept. 19, 2008.
