Lantronix Appoints Jeremy Whitaker as Chief Financial Officer
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IRVINE, CA, Sep 26 (MARKET WIRE) --
Lantronix (NASDAQ: LTRX), a leading global provider of smart connectivity
solutions that enable business and technology professionals to access any
device, anywhere, anytime, today announced that it has appointed Jeremy
Whitaker as Chief Financial Officer, effective immediately.
Whitaker returns to Lantronix after serving briefly as Vice President,
Corporate Controller at Mindspeed Technologies (NASDAQ: MSPD), a leading
supplier of semiconductor solutions for network infrastructure
applications. Prior to Mindspeed, Whitaker served as Vice President of
Finance and Accounting for Lantronix from August 2005 to January 2011,
where he was responsible for managing all worldwide finance and
accounting functions. Prior to Lantronix, Whitaker held vice president
and director level finance and accounting positions with two
publicly-traded companies, as well as having served as an Audit Manager
during his six years at Ernst & Young LLP.
"Jeremy's familiarity with Lantronix and more than 10 years of dedicated
senior financial leadership makes him the ideal individual for this
position," said Kurt Busch, Lantronix President and CEO. "Jeremy's
appointment marks an important step in ensuring that Lantronix has strong
financial discipline in place and fulfills a key role in our continuing
efforts to build a world-class executive team. With a permanent CFO
installed, we can focus our efforts on creating a customer-centric,
market driven product strategy and building a product development machine
to drive growth and value for our shareholders."
Whitaker earned a bachelor's degree in accountancy from California State
University Fullerton and a master's degree, also in accountancy, from
University of Notre Dame's Mendoza College of Business.
"Lantronix would also like to extend a special thank you to Interim Chief
Financial Officer Jim Kerrigan, who stepped in to successfully manage
Lantronix' finances as we conducted our search for a permanent CFO,"
continued Busch. "We appreciate Jim's service and wish him well in his
retirement."
About Lantronix
Lantronix, Inc. (NASDAQ: LTRX) is a global leader of
secure communication technologies that simplify remote access, management
and control of any electronic device. Our smart connectivity solutions
empower businesses to make better decisions based on real-time
information, and gain a competitive advantage by generating new revenue
streams, improving productivity and increasing efficiency and
profitability. Easy to integrate and deploy, Lantronix products remotely
connect and control electronic equipment via the Internet, provide secure
remote access to firewall-protected equipment, and enable remote
management of IT equipment over the Internet. Founded in 1989, Lantronix
serves some of the largest medical, security, industrial and building
automation, transportation, retail/POS, financial, government, consumer
electronics/appliances, IT/data center and pro-AV/signage entities in the
world. The company's headquarters are located in Irvine, Calif. For more
information, visit www.lantronix.com.
The Lantronix blog, http://www.lantronix.com/blog, features industry
discussion and updates.
To follow Lantronix on Twitter, visit
http://www.twitter.com/Lantronix
Investor Relations:
Lantronix
949.450.7278
investors@lantronix.com
Media Contacts:
Amy Robinson / Brittney Wolff
LEWIS PR
619.677.2700
lantronix@lewispr.com
Mark D. Tullio
Lantronix
949.453.7124
media@lantronix.com
Copyright 2011, Market Wire, All rights reserved.
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