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Qorvo (QRVO) Announces Results of Board Refreshment Process

April 14, 2025 7:31 AM EDT

Qorvo® (Nasdaq: QRVO), a leading global provider of connectivity and power solutions, today announced the appointment of Messrs. Richard L. Clemmer and Christopher R. Koopmans as new independent members of its Board of Directors, effective immediately.

Additionally, the Company announced that David H. Y. Ho, who was not standing for reelection at the Company’s 2025 Annual Meeting of Stockholders, will retire from the Board, effective immediately.

Today’s announcement is the result of an important refreshment initiative by the Board with a focus on identifying independent director candidates with deep industry and operating experience. With the appointments of Messrs. Clemmer and Koopmans, and the retirement of Mr. Ho, Qorvo’s Board will increase to nine directors, eight of whom are independent. After today’s changes, three of nine directors will have joined the Qorvo Board within the last six months.

“We are very pleased to welcome leaders of Rick’s and Chris’ caliber as the newest directors on our Board,” said Dr. Walden C. Rhines, Chairman of Qorvo’s Board of Directors. “Over the course of his successful career, Rick has a proven track record of driving significant growth, reducing operating expenses, rationalizing footprints and executing financial transformations as a public-company CEO and board member. At the same time, Chris brings a forward-thinking mindset that he has honed as a C-suite executive, with extensive experience building and scaling businesses, including expanding market reach and leading corporate transformation initiatives.”

Dr. Rhines continued, “We are confident both Rick and Chris will be valuable additions to the Board and that their respective and complementary insights will serve Qorvo and its shareholders well as we continue executing our growth and diversification strategy to expand margins, generate strong free cash flow and continue to increase value for our shareholders. These director appointments reflect our ongoing commitment to refreshing the Board with new independent directors who bring skillsets needed to oversee Qorvo’s strategic direction and follow engagement with our shareholders, including Starboard.”

Mr. Clemmer said, “Qorvo is an industry leader with significant growth opportunities ahead, and I am excited to leverage my executive leadership and Board experience to help accelerate execution of its strategy. The Company is ready for its next stage of growth, and I am pleased to have the opportunity to collaborate with the rest of the Board and Qorvo’s management team as we move forward.”

Mr. Koopmans said, “I am honored to join the Qorvo Board at an important time for the Company. Qorvo is uniquely positioned to serve the significant demand of industries relying heavily on highly differentiated solutions, including domestic compound-semiconductor manufacturing. I look forward to working with my fellow directors and the management team to help the Company be best positioned strategically to expand its market reach and increase shareholder value.”



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