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TSRA > SEC Filings for TSRA > Form 8-K on 26-Jun-2013All Recent SEC Filings




Change in Directors or Principal Officers, Other Events, Financial State

Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

On June 26, 2013, Tessera Technologies, Inc. (the "Company") announced the appointment of John K. Allen as the Company's Acting Chief Financial Officer, effective as of June 26, 2013. Mr. Allen succeeds C. Richard Neely, Jr., whose tenure as the Company's Executive Vice President and Chief Financial Officer ended on June 26, 2013.

Mr. Allen, age 49, has served as Senior Vice President and Corporate Controller for the Company since December 2012. Before that, Mr. Allen served as Vice President, Corporate Controller and Chief Accounting Officer of Corsair Components, Inc., a designer and supplier of high-performance components to the personal computer gaming hardware market, from July 2010 to December 2012. From January 2004 to June 2010, Mr. Allen served as Corporate Controller and as Chief Financial Officer of Leadis Technology, Inc., a publicly-traded company that designed, developed and marketed analog and mixed-signal semiconductor products for consumer electronics. Mr. Allen has also served in finance and accounting roles for a number of other publicly-traded technology companies, including Advanced Micro Devices, Xilinx, and Asyst Technologies, and formerly was employed by Ernst & Young as a certified public accountant. Mr. Allen holds a Bachelor of Arts degree in Business Economics from the University of California, Santa Barbara.

In connection with his departure from the Company, Mr. Neely will be paid severance benefits in accordance with his existing executive severance agreement.

Item 8.01. Other Events

On June 26, 2013, the Company issued a press release announcing Mr. Allen's appointment as Acting Chief Financial Officer, a copy of which is filed as Exhibit 99.1 to this Current Report on Form 8-K and incorporated by reference herein.

Item 9.01. Financial Statements and Exhibits

(d) Exhibits.

Exhibit Number 99.1 Press Release, dated June 26, 2013

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