Peregrine Semiconductor Bolsters Its Executive Team

SAN DIEGO—March 13, 2017— The CEO of Peregrine Semiconductor, Jim Cable, today announces significant changes to Peregrine’s executive team. In a bold move to increase the company’s semiconductor capability, Cable announces the appointment of Stefan Wolff as Peregrine’s new Chief Executive Officer. Cable will be stepping into the role of Peregrine Chairman and CTO and will serve as the Global R&D Director for Peregrine’s parent company, Murata.

“We have known Stefan and have collaborated with him and his team for many years, and I am delighted to bring him on board to accelerate our growth and the growth of our parent company, Murata,” says Jim Cable. “I am eager to get back to my technology roots and focus on shaping innovation for Murata. Our future keeps getting brighter, and I am very excited about this change.”

Stefan Wolff is Peregrine's Chief Executive Officer.Wolff has nearly 15 years of general management experience in semiconductor and communications technologies. He most recently served as vice president and general manager of Intel’s mobile communications business in Munich, Germany. While at Intel, Wolff led a global team in developing and producing cellular modem and mobile connectivity products, securing high-profile development contracts and scoring major wins with leading vendors. Prior to Intel, Wolff managed the smartphones and RF business unit at Infineon and led an RF development center for Siemens Mobile in the US. He started his career in automotive electronics as RF design engineer at Bosch. In addition to his outstanding leadership skills, Wolff has a strong technical background that includes a B.S. degree in electrical engineering from the University of Applied Sciences in Berlin. He is ideally suited to his new role as Chief Executive Officer at Peregrine, where his education and accomplishments will enable him to guide the company’s technological growth at an executive level.

“I have admired the Murata and Peregrine teams for years. There is such synergy in the two groups. Together, I see innovations not possible from any other company,” says Wolff. “I cannot wait to see the technological difference we will make in the industry.”

Dylan Kelly is Peregrine's new Chief Operating Officer. In addition to these significant changes, Cable has appointed Dylan Kelly as the company’s new Chief Operating Officer. Kelly has held the position of VP and general manager of Peregrine’s mobile wireless solutions business unit since 2010. Kelly joined Peregrine in 2000 and has held various technical and management positions in product development, marketing, and sales. Prior to joining Peregrine, Kelly was with Motorola engaged in transceiver design. He holds a B.S. degree in electrical engineering from the University of Texas at Austin and an M.S. degree in electrical engineering from the University of California, San Diego. He is the author of numerous technical papers and has 37 issued and pending patents.

“Dylan has been instrumental to the growth of our mobile business for many, many years. He is widely respected both inside and outside the company. I am confident in his abilities to lead in an expanded role inside Peregrine,” says Cable.

“I have dedicated my career to Peregrine because of our culture of innovation,” says Kelly. “We have seen tremendous growth since we were acquired by Murata so these new management additions reflect the next step in empowering our team to be even more innovative. I am proud to be a part of this dynamic leadership team.”

Jim Cable is stepping into the role of Peregrine Chairman and CTO and will serve as the Global R&D Director for Peregrine’s parent company, Murata. “We see semiconductors as important part of our technology portfolio,” says Norio Nakajima, executive vice president, Communication & Sensor Business Unit/Energy Business Unit, Murata Manufacturing Co., Ltd. “While we have always had semiconductors as part of our solutions, we will be dedicating more resources and taking those products to new levels. To formalize this effort, we will be forming a new semiconductor division.”

“We are looking to the Peregrine team to help us develop leading-edge RF semiconductors and unique new products. The team of Jim, Stefan and Dylan is ideal for achieving this vision. I have known, respected and worked with Stefan for 20 years and welcome him to the Peregrine team. Dylan has successfully grown and managed Peregrine’s mobile efforts for many years, and Jim is a visionary technologist whom we need to champion additional innovations in semiconductors by Peregrine in support of the Murata vision,” continues Nakajima.

ABOUT PEREGRINE SEMICONDUCTOR

Peregrine Semiconductor Corporation, a Murata company, is the founder of RF silicon on insulator (SOI) and is a leading fabless provider of high-performance, integrated RF solutions. Since 1988 Peregrine and its founding team have been perfecting UltraCMOS® technology—a patented, advanced form of SOI—to deliver the performance edge needed to solve the RF market’s biggest challenges, such as linearity. By delivering best-in-class performance and monolithic integration, Peregrine’s product portfolio is the trusted choice for market leaders in automotive, broadband, industrial, Internet of Things, mobile devices, smartphones, space, test-and-measurement equipment and wireless infrastructure. A Murata company since December 2014, Peregrine holds more than 300 issued and pending patents and has shipped over 3.5 billion UltraCMOS units. For more information, visit https://www.psemi.com.

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The Peregrine Semiconductor name, logo, and UltraCMOS are registered trademarks of Peregrine Semiconductor Corporation in the U.S.A., and other countries. All other trademarks mentioned herein are the property of their respective owners.

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