Lantronix Appoints Sailesh Chittipeddi to Its Board of Directors
Lantronix (NASDAQ: LTRX) has appointed Dr. Sailesh Chittipeddi to its Board of Directors as an independent director, effective May 6, 2025. This appointment expands the board to five directors, with four being independent. Dr. Chittipeddi, currently a Venture Partner at Novo Tellus Capital Partners, brings extensive experience in technology and global operations.
Most notably, as executive vice president at Renesas Electronics, he led the Industrial, IoT and Infrastructure Business Unit, nearly doubling its revenue to over $7 billion USD. His previous roles include CEO positions at Conexant Systems and leadership positions at AT&T Bell Labs, Lucent Technologies, and Agere Systems. Dr. Chittipeddi holds 83 U.S. patents, has published over 40 technical articles, and brings significant expertise in manufacturing, procurement, and global supply chain strategy.
Lantronix (NASDAQ: LTRX) ha nominato il dott. Sailesh Chittipeddi nel suo Consiglio di Amministrazione come direttore indipendente, con decorrenza dal 6 maggio 2025. Questa nomina porta il numero dei membri del consiglio a cinque, di cui quattro indipendenti. Il dott. Chittipeddi, attualmente Venture Partner presso Novo Tellus Capital Partners, vanta una vasta esperienza nel settore tecnologico e nelle operazioni globali.
In particolare, come vicepresidente esecutivo di Renesas Electronics, ha guidato l’unità di business Industrial, IoT e Infrastructure, quasi raddoppiandone i ricavi fino a oltre 7 miliardi di dollari USA. Ha ricoperto in precedenza ruoli di CEO presso Conexant Systems e posizioni di rilievo in AT&T Bell Labs, Lucent Technologies e Agere Systems. Il dott. Chittipeddi detiene 83 brevetti statunitensi, ha pubblicato oltre 40 articoli tecnici e possiede una solida esperienza in produzione, approvvigionamento e strategia della catena di fornitura globale.
Lantronix (NASDAQ: LTRX) ha designado al Dr. Sailesh Chittipeddi como miembro independiente de su Junta Directiva, con efecto a partir del 6 de mayo de 2025. Esta incorporación amplía la junta a cinco miembros, cuatro de los cuales son independientes. El Dr. Chittipeddi, actualmente Socio de Riesgo en Novo Tellus Capital Partners, aporta una amplia experiencia en tecnología y operaciones globales.
Destacadamente, como vicepresidente ejecutivo en Renesas Electronics, lideró la unidad de negocios Industrial, IoT e Infraestructura, casi duplicando sus ingresos a más de 7 mil millones de dólares estadounidenses. Sus cargos anteriores incluyen puestos de CEO en Conexant Systems y roles de liderazgo en AT&T Bell Labs, Lucent Technologies y Agere Systems. El Dr. Chittipeddi posee 83 patentes estadounidenses, ha publicado más de 40 artículos técnicos y cuenta con una considerable experiencia en manufactura, adquisiciones y estrategia de cadena de suministro global.
Lantronix (NASDAQ: LTRX)는 2025년 5월 6일부터 독립 이사로서 Dr. Sailesh Chittipeddi를 이사회에 임명했습니다. 이번 임명으로 이사회는 총 5명으로 확대되며, 그중 4명이 독립 이사입니다. 현재 Novo Tellus Capital Partners의 벤처 파트너인 Chittipeddi 박사는 기술 및 글로벌 운영 분야에서 폭넓은 경험을 보유하고 있습니다.
특히, Renesas Electronics의 부사장으로서 산업, IoT 및 인프라 사업부를 이끌며 매출을 70억 달러 이상으로 거의 두 배로 성장시켰습니다. 이전에는 Conexant Systems의 CEO, AT&T Bell Labs, Lucent Technologies, Agere Systems에서 주요 리더십 역할을 수행했습니다. Chittipeddi 박사는 미국 특허 83건을 보유하고 있으며, 40편 이상의 기술 논문을 발표했으며 제조, 조달 및 글로벌 공급망 전략에 대한 깊은 전문성을 갖추고 있습니다.
Lantronix (NASDAQ : LTRX) a nommé le Dr Sailesh Chittipeddi au sein de son conseil d'administration en tant qu'administrateur indépendant, à compter du 6 mai 2025. Cette nomination porte le conseil à cinq membres, dont quatre indépendants. Le Dr Chittipeddi, actuellement Venture Partner chez Novo Tellus Capital Partners, apporte une vaste expérience dans la technologie et les opérations mondiales.
Plus particulièrement, en tant que vice-président exécutif chez Renesas Electronics, il a dirigé l’unité commerciale Industrie, IoT et Infrastructure, doublant presque son chiffre d’affaires pour dépasser les 7 milliards de dollars américains. Il a précédemment occupé des postes de PDG chez Conexant Systems ainsi que des rôles de direction chez AT&T Bell Labs, Lucent Technologies et Agere Systems. Le Dr Chittipeddi détient 83 brevets américains, a publié plus de 40 articles techniques et possède une expertise significative en fabrication, approvisionnement et stratégie de chaîne d’approvisionnement mondiale.
Lantronix (NASDAQ: LTRX) hat Dr. Sailesh Chittipeddi mit Wirkung zum 6. Mai 2025 als unabhängiges Mitglied in den Vorstand berufen. Mit dieser Ernennung erweitert sich der Vorstand auf fünf Mitglieder, von denen vier unabhängig sind. Dr. Chittipeddi, derzeit Venture Partner bei Novo Tellus Capital Partners, bringt umfassende Erfahrung in Technologie und globalen Geschäftsabläufen mit.
Besonders hervorzuheben ist seine Tätigkeit als Executive Vice President bei Renesas Electronics, wo er die Business Unit Industrial, IoT und Infrastructure leitete und deren Umsatz auf über 7 Milliarden US-Dollar nahezu verdoppelte. Zuvor war er CEO bei Conexant Systems und hatte Führungspositionen bei AT&T Bell Labs, Lucent Technologies und Agere Systems inne. Dr. Chittipeddi hält 83 US-Patente, hat über 40 technische Artikel veröffentlicht und verfügt über umfangreiche Expertise in den Bereichen Fertigung, Beschaffung und globale Lieferkettenstrategie.
- Appointment of highly qualified director with extensive industry experience
- Track record of success - doubled revenue to $7B+ at Renesas Electronics' Industrial Unit
- Strong technical background with 83 U.S. patents and 40+ technical publications
- Expertise in critical areas: manufacturing, procurement, and global supply chain
- None.
IRVINE, Calif., May 12, 2025 (GLOBE NEWSWIRE) -- Lantronix Inc. (NASDAQ: LTRX), a global leader of compute and connectivity for IoT solutions enabling Edge AI Intelligence, today announced that Sailesh Chittipeddi, Ph.D., has joined the Lantronix Board of Directors as an independent director, effective May 6, 2025. Following the appointment of Chittipeddi, the Lantronix Board of Directors will be comprised of five directors, four of whom are independent under applicable listing standards of the Nasdaq Stock Market.
“We are very pleased to welcome Dr. Chittipeddi to the Lantronix Board of Directors,” said Hoshi Printer, chairman of the Board at Lantronix. “Dr. Chittipeddi is a respected subject expert in Industrial, IoT and Infrastructure businesses. He also has an extensive background in leading operations, procurement and supply chains globally.”
Dr. Chittipeddi is currently a Venture Partner at Novo Tellus Capital Partners, a Singapore-based private equity firm, and a Board Member at Tessolve, which is headquartered in India. Most recently, he was executive vice president of Global Operations at Renesas Electronics, where he oversaw internal and external manufacturing and associated functions, including supply chain, procurement and related development.
“Lantronix will benefit greatly from Dr. Chittipeddi’s extensive technology and broad industry expertise, including his service on boards of several global companies where he helped drive successful results,” added Saleel Awsare, CEO and president of Lantronix. “With his expertise in manufacturing, procurement, logistics and global supply chain strategy, Dr. Chittipeddi adds a valuable perspective as we navigate complex geopolitical and associated supply chain environment challenges.”
At Renesas, Dr. Chittipeddi also served as executive vice president of its Industrial, IoT and Infrastructure Business Unit. In this capacity, he nearly doubled the revenue to more than
Before his tenures at Renesas and IDT, Dr. Chittipeddi held numerous senior positions at other leading technology companies, including Conexant Systems, where he served as the CEO and president, as well as AT&T Bell Labs, Lucent Technologies and Agere Systems. He has also served on global public and private boards, including Sequans Communications, Tessolve (India), Avalanche Technologies (India), Steradian (India), Blu Wireless Technology (U.K.) and Peraso (Canada).
Dr. Chittipeddi holds an MBA from the University of Texas at Austin and a Ph.D. in Physics from The Ohio State University. He holds 83 U.S. semiconductor process, package and design patents and has published more than 40 technical articles.
About Lantronix
Lantronix Inc. is a global leader of compute and connectivity IoT solutions that target high-growth markets, including Smart Cities, Enterprise and Transportation. Lantronix’s products and services empower companies to succeed in the growing IoT markets by delivering customizable solutions that enable AI Edge Intelligence. Lantronix’s advanced solutions include Intelligent Substations infrastructure, Infotainment systems and Video Surveillance, supplemented with advanced Out-of-Band Management (OOB) for Cloud and Edge Computing.
For more information, visit the Lantronix website.
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A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/d04b3fa2-b8d8-4656-adad-c8d4eb6267c4
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