* Appoints Ronald Black as CEO, president, board member
* Black replaces Harold Hughes
* Says Hughes to remain board member
June 25 Rambus Inc named Ronald Black
as its new chief executive officer replacing Harold Hughes, who
is retiring from the technology licensing company.
Hughes, 66, will remain on the Rambus board of directors,
the company said in a statement.
Black, a former CEO of MobiWire, has 20 years experience in
the semiconductor and mobile markets.
The company's stock has lost about 70 percent of its market
value since November, when it lost a $4 billion antitrust
lawsuit against Micron Technology Inc and Hynix
Shares of Sunnyvale, California-based Rambus closed at $5.63
on Friday on the Nasdaq.