Pixelworks (PXLW) CEO Walicek Resigns; Prelim. Q4 Results Miss Estimates

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Pixelworks Announces Resignation of CEO Bruce Walicek

February 1, 2016 5:05 PM EST

Director Stephen Domenik Appointed Interim CEO and Former Worldwide Sales Executive of TriQuint, Todd DeBonis, Appointed COO

Provides Preliminary Fourth Quarter Results; Revenue of $13.5 million and GAAP Net Loss Per Share of $0.11

SAN JOSE, Calif.--(BUSINESS WIRE)-- Pixelworks, Inc. (NASDAQ: PXLW), an innovative provider of video display processing technology, today announced that effective immediately Bruce Walicek has resigned as President and Chief Executive Officer and as a Director from the board for personal reasons. Mr. Walicek will remain as a consultant to the... More