Xperi invents, develops, and delivers technologies that enable extraordinary experiences. We look forward to benefitting from their expertise and valuable perspectives as we execute our long-term strategy.” Paul Davis stated, “We are incredibly pleased to welcome each of these board members as we begin our journey as a stand-alone, publicly traded company. Rau will also serve as Chair of Adeia Inc.’s Nominating and Corporate Governance Committee. He was the interim President and Chief Executive Officer of TiVo Corporation from July 2018 to May 2019. Rau served as a member of TiVo Corporation’s Board of Directors since May 2015 and as Vice Chairman of the Board of Directors since June 2019. Rau has served as a member of Xperi Holding Corporation’s Board of Directors since June 2020. O’Connor was the Chief Executive Officer of Chopra Global and the President and Chief Revenue Officer of Univision Communications. She is the Chief Executive Officer of Tone It Up, a plant based, nutritional products company, for women, by women. O’Connor has served as a member of Xperi Holding Corporation’s Board of Directors since December 2021. Molina will also serve as Chair of Adeia Inc.’s Audit Committee. While at Deloitte she was the National Partner in charge of the Initiative for the Retention and Advancement of Women. She worked in public accounting for 27 years and was a Partner at both Ernst & Young and Deloitte. Molina served as a member of Xperi Corporation’s Board of Directors from February 2018 to May 2020. He served as General Counsel and Corporate Secretary of Xperi Corporation, the predecessor to Xperi Holding Corporation, prior to the merger with TiVo Corporation in 2020 and as Senior Vice President, General Counsel and Corporate Secretary of Tessera Technologies, Inc., the predecessor to Xperi Corporation before the acquisition of DTS, Inc. He is currently the Chief Legal Officer of Xperi Holding Corporation and President of the IP licensing business. effective upon completion of its separation as a stand-alone company on October 1. Davis was named Chief Executive Officer of Adeia Inc. Moloney will also serve as Chair of the Adeia Inc.’s Compensation Committee. Moloney is an Executive Advisor at Siris Capital, LLC, a leading private equity firm in the technology and telecommunications industries. He has served as a member of Xperi Holding Corporation’s Board of Directors since June 2020 and served as a member of TiVo Corporation’s Board of Directors from September 2013 until June 2020. Moloney will serve as the Chairman of Adeia Inc.’s Board of Directors. The Board of Directors will be comprised of the following members: Board of Directors will bring a strong combination of industry experience, corporate expertise, and diverse perspectives to Adeia Inc. With decades of experience and one of the largest IP portfolios in the media and semiconductor industries, Adeia is exceptionally well positioned to continue its growth as a separate, publicly traded company.” Adeia’s inventions will continue to help shape the way millions of people explore and experience entertainment and enhance billions of devices in an increasingly connected world. Paul Davis, Chief Executive Officer of Adeia, stated, “I am honored to begin our journey as a stand-alone company with a world class team that will continue our commitment to innovation. Chief Licensing Officer & General Manager, Semiconductor - Dana Escobar.Chief Licensing Officer & General Manager, Media - Dr.leadership team will be comprised of the following members: Adeia, the IP licensing business of Xperi Holding Corporation (NASDAQ: XPER) (the “Company”), today announced the appointment of both the leadership team and the Board of Directors of Adeia Inc., the future independent IP licensing business that will remain after the completion of the spin-off of the Company’s product business on October 1.
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