Rajiv Khemani appointed Chief
Operating Officer of Cavium Networks
MOUNTAIN VIEW, Calif., January 31, 2011
– Cavium Networks (NASDAQ: CAVM), a leading provider
of semiconductor products that enable intelligent processing
for networking, communications, and the digital home, announced
today the appointment of Rajiv Khemani as Chief Operating
Officer of Cavium Networks effective immediately. Mr. Khemani
previously served as Vice President and General Manager
of Cavium’s Networking and Communications Division.
In the expanded role of COO, he will oversee both the Networking
and Communications Division and the Broadband & Consumer
Division as well as manufacturing operations. He will continue
to report to Syed Ali, Chairman, President and CEO.
“We continue to expand our market footprint across
enterprise, data-center, service provider and consumer segments,
with an increasing breadth of intellectual property and
product lines and we need to appropriately scale the organization.
Going forward, the ability to efficiently utilize our world-class
engineering talent across divisions will be critical as
we scale Cavium to new heights. Rajiv’s successful
business track record, breadth of management roles and strategic
acumen position him perfectly for the COO role,” said
Syed Ali, President and CEO of Cavium Networks.
Rajiv Khemani joined Cavium Networks in 2003 and has served
in various executive roles in marketing, sales and business
unit management. He was part of the executive team that
led Cavium from an early startup stage, through achieving
profitability and an initial public offering, to a leading
high growth semiconductor company. Prior to joining Cavium,
he worked at Intel Corporation for 5 years, where he was
most recently general manager of Intel’s network processor
business, and led the organization to achieve #1 market
share. He also worked at NetApp and Sun Microsystems across
storage and server product lines in engineering, marketing
and management roles. He received a bachelor degree in Computer
Science and Engineering from the Indian Institute of Technology,
New Delhi, an MS in Computer Science from New York University
and an MBA from Stanford University Graduate School of Business.
“I am truly honored to take on this role and look
forward to working with the entire Cavium team to increase
synergies across our groups and continue to scale our product
development and customer engagement & support capabilities,”
said Rajiv Khemani.
About Cavium Networks
Cavium Networks is a leading provider of highly integrated semiconductor products that enable intelligent processing in networking, communications and the digital home. Cavium Networks offers a broad portfolio of integrated, software compatible processors ranging in performance from 10 Mbps to 40 Gbps that enable secure, intelligent functionality in enterprise, data-center, broadband/consumer and access & service provider equipment. Cavium Networks processors are supported by ecosystem partners that provide operating systems, tool support, reference designs and other services. Cavium Networks principal offices are in Mountain View, California with design team locations in California, Massachusetts, India and Taiwan. For more information, please visit: http://www.caviumnetworks.com
Note on Forward-Looking Statements
This press release may contain forward-looking statements regarding
future events that involve risks and uncertainties. Readers
are cautioned that these forward-looking statements are only
predictions and may differ materially from actual future events
or results. These forward-looking statements involve risks and
uncertainties, as well as assumptions and current expectations.
Our actual results and the timing of events could differ materially
from those anticipated in such forward-looking statements as
a result of these risks, uncertainties and assumptions. The
risks and uncertainties that could cause our results to differ
materially from those expressed or implied by such forward-looking
statements include but are not limited to the rate of new design
wins, acceptance by customers of Cavium’s new product
introductions, whether or not the company can continue to expand
gross margins and operating margins, the rate at which existing
design wins go into production, pricing pressures; general economic
conditions; manufacturing difficulties; and other risks and
uncertainties described more fully in our documents filed with
or furnished to the Securities and Exchange Commission. More
information about these and other risks that may impact Cavium’s
business are set forth in the “Risk Factors” section
of our Form 10-K filed with the Securities and Exchange Commission
on March 1, 2010. All forward-looking statements in this press
release are based on information available to us as of the date
hereof and qualified in their entirety by this cautionary statement,
and we assume no obligation to revise or update these forward-looking
statements.
