SANTA CLARA, Calif.--(BUSINESS WIRE)--
Rovi Corporation (NASDAQ:ROVI) a leading provider of advanced
entertainment discovery, data analytics, and monetization solutions,
today announced that James E. Meyer has been unanimously elected as
independent Chairman of the Rovi Board of Directors effective July 7,
2015.
“Rovi has made great strides over the past several years in evolving its
strategy and developing cloud-based solutions and other next-generation
products to drive and complement its growing IP licensing business,”
said James. E. Meyer. “Rovi’s products continue to gain momentum and
traction in the market, and we are working on several very significant
IP license renewals. I am honored to take on the role of Chairman during
this exciting time at the Company, and believe Rovi is well positioned
to capture the substantial opportunities ahead in the dynamic market in
which we operate. I look forward to working alongside the other members
of Rovi’s Board, as well as the management team, to build value for all
of the Company’s stakeholders.”
Tom Carson, CEO of Rovi, said “Jim is a demonstrated leader with
critical industry, technology and operational insights, as well as years
of experience both on Boards and as the CEO of a public company. Jim
knows Rovi and the industry we operate in very well, and is the right
person to lead Rovi’s Board during our next stage of growth.”
Mr. Meyer has served as Chief Executive Officer of SiriusXM since
December 2012. Prior to that role, Mr. Meyer served as President of
Operations and Sales of SiriusXM and its predecessors from April 2004 to
December 2012. From 1997 to 2002, Mr. Meyer served in various executive
capacities at Thomson Multimedia Corporation. Mr. Meyer holds a B.S. in
Economics and an MBA from St. Bonaventure University.
Additionally, the Audit and Compensation Committees were brought back
into compliance with the Nasdaq Stock Market listing rules, as the Board
of Directors unanimously constituted the membership of its committees as
follows:
Audit Committee: Alan Earhart (Chair), Steve Lucas and Ruthann Quindlen
Compensation
Committee: Glenn Welling (Chair), Steve Lucas and Jim Meyer
Corporate
Governance & Nominating Committee: Jim Meyer (Chair), Alan Earhart and
Raghu Rau
The Company intends to promptly notify the Nasdaq Stock Market of the
above appointments.
About Rovi
Rovi is leading the way to a more personalized entertainment experience.
The company’s pioneering guides, data, and recommendations continue to
drive program search and navigation on millions of devices on a global
basis. With a new generation of cloud-based discovery capabilities and
emerging solutions for interactive advertising and audience analytics,
Rovi is enabling premier brands worldwide to increase their reach, drive
consumer satisfaction and create a better entertainment experience
across multiple screens. The company holds over 5,000 issued or pending
patents worldwide and is headquartered in Santa Clara, California.
Discover more about Rovi at rovicorp.com.
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Investors
Rovi Corporation
Peter Ausnit, 818-565-5200
or
Media
Sard
Verbinnen & Co.
John Christiansen/Megan Bouchier, 415-618-8750
Source: Rovi Corporation