Semtech Adds Expertise to Board

Semtech Corp. has expanded its board to 10 people and appointed two directors to fill the new seats, the company announced Monday. The Camarillo semiconductor manufacturer named Rodolpho Cardenuto and Saar Gillai as the new members. Cardenuto is president of Global Partner Operations at SAP, the German software company. He previously worked for Hewlett-Packard Co. in Palo Alto. Saar Gillai, the other new board member, is chief executive at Teridion, a cloud computing firm in Toronto. Prior to joining Teridion, he was an executive at Hewlett-Packard. “As our strategy evolves and now encompasses deeper interactions with system integrators and cloud service providers, it is important that our board’s knowledge and capabilities also evolve in a synergistic fashion,” Chief Executive Mohan Maheswaran said in a statement. “Both Rodolpho and Saar bring unique industry perspectives that will enhance our ability to make good strategic choices.” Shares of Semtech (SMTC) closed Monday down 40 cents, or less than 1 percent, to $56.90 on the Nasdaq.