SAN JOSE, Calif. -- Aug. 7, 2007 -- Xilinx, Inc. today announced that Willem P. Roelandts, 62, President, Chief Executive Officer and Chairman of the Board intends to retire from the positions of President and Chief Executive Officer. A committee of the Company's Board of Directors has been formed to begin an immediate search for a successor, evaluating both external and internal candidates. Roelandts will remain Chief Executive Officer until a successor is named. Upon retirement, Roelandts will continue to serve as Chairman of the Board.
At the helm of Xilinx since 1996, Roelandts led the company through an intense period of change within the semiconductor industry, growing Xilinx sales from $560 million to over $1.8 billion. During his tenure, Roelandts significantly expanded the Company's global business and initiated its successful market diversification strategy to better address high-growth end markets, including consumer, automotive, industrial and defense. These markets have grown from 12 percent of total revenues in fiscal year 2002 to 45 percent of total revenues today.
Xilinx, Inc. (NASDAQ: XLNX) is the worldwide leader of programmable logic solutions. Additional information about Xilinx is available at http://www.xilinx.com.