 Ron Black |
Sard Verbinnen & Co. represents technology licensing company Rambus Inc., which has fired its CEO Ron Black for conduct that "fell short of the company's standards."
Silicon Valley-based Rambus signed a five-year contract with Black in 2012. The agreement was renewed last year through June 2022.
In its statement, Rambus said Black was canned for an incident "unrelated to the company's financial and business performance."
Rambus lost $38.9M on $46.4M revenues during the first-quarter of the year.
It appointed Luc Seraphin, senior VP & GM-memory & interfaces division, as interim CEO, as a search begins for a new chief.
Rambus chairman Eric Stang said Seraphin would continue to execute the company's growth plan devised under Black's leadership.
SardVerb's Megan Bouchier and Monique Sidhom work the Rambus business.
Laura Anderson, who rose to VP/GM of global communications and events in a nearly 20 year stint at Intel, will take on the Americas technology chair at Burson following the completion of the BCW and H+K merger on July 1.
WE Communications has partnered with ROKK Solutions to form the WE ROKK AI service.
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