CARLSBAD, CA — MaxLinear Inc. (NYSE: MXL), a leading provider of integrated radio frequency (RF) and mixed-signal integrated circuits for broadband communication applications, today announced that Adam C. Spice will be joining MaxLinear, Inc. as its Vice President and Chief Financial Officer.
From 2000 until 2009, Mr. Spice worked in senior financial management and operational roles at Broadcom Corporation, one of the world’s largest fabless communications semiconductor companies. Most recently, he served as Broadcom’s Vice President of Finance and Corporate Development, where he was responsible for strategic planning, mergers and acquisitions, corporate development, corporate-wide financial planning & analysis, and treasury functions. In particular, during this period of Broadcom’s rapid growth, in his role as the corporate development lead, Mr. Spice led more than 30 of Broadcom’s acquisitions and other strategic equity investments. As Corporate Treasurer, he was responsible for managing Broadcom’s substantial cash and portfolio investments, along with credit, collections, and risk management. From 2006 to 2008, Mr. Spice served as Vice President and General Manager of Broadcom’s Mobile Power Management Business Unit in the Mobile Platforms group.
From October 2009 to November 2010, Mr. Spice served as the Chief Financial Officer of Symwave Corporation, a venture backed private fabless semiconductor company acquired by Standard Microsystems Corporation. Prior to joining Broadcom, Mr. Spice served in senior finance and corporate development roles with Intel’s Planning and Logistics Division and with Intel Capital in its acquisitions and integration team.
Mr. Spice received a Bachelor of Business Administration degree from the Brigham Young University and an MBA from The University of Texas at Austin.
“We are delighted to have Adam Spice join us as our Chief Financial Officer,” said Kishore Seendripu, Ph.D., Chairman, and Chief Executive Officer of MaxLinear, Inc. “We believe that Adam is uniquely qualified to lead our finance department and manage our continuing compliance and internal control initiatives. Adam’s breadth and depth of experience in leadership roles in corporate finance, mergers and acquisitions, corporate development, treasury, and strategic planning will be of great value for us as we continue to build upon our success so far.”
Mr. Spice commented: “I am looking forward to joining MaxLinear at this critical stage of its development. MaxLinear has a great track record of product and technology innovation, and I am eager to contribute to building and expanding its business.”
MaxLinear expects Mr. Spice to join as Vice President and Chief Financial Officer effective January 3, 2011.