InterDigital Announces Enhancement of Senior Management Team
Scott A. McQuilkin, Chief Financial Officer since 2007, Assumes
Leadership of Corporate Strategy and Finance Group
Richard J. Brezski, InterDigital's Controller since 2003, Named
Chief Financial Officer
KING OF PRUSSIA, Pa.--(BUSINESS WIRE)--
InterDigital, Inc. (NASDAQ: IDCC) today announced a realignment of
responsibilities within the company's executive management team. Scott
A. McQuilkin, who has served as the company's Chief Financial Officer
since 2007, will expand his role to oversee InterDigital's strategic
efforts to broaden the company's operating model through new licensing
opportunities, patent sales, and partnerships. In addition, Mr.
McQuilkin will lead the company's corporate development and finance
teams. In this elevated role, his title will be Senior Executive Vice
President, Strategy and Finance.
Richard J. Brezski, who joined InterDigital in 2003 as the company's
Controller and was appointed Chief Accounting Officer in 2007, was named
Chief Financial Officer of the company.
"This move underscores the tremendous capabilities that both Scott and
Rich have brought to their roles, and is intended to help our company
further leverage their contributions toward achieving its long-term
revenue targets. By expanding Rich's mandate, we're freeing Scott to
focus on revenue enhancement outside of our traditional terminal unit
licensing business to include patent sales and licensing joint ventures,
strategic planning, business analysis, and targeted corporate
development, functions that will be critical in driving our performance
going forward," said William J. Merritt, President and Chief Executive
Officer of InterDigital.
Mr. McQuilkin joined InterDigital as Chief Financial Officer in 2007
with over 25 years of senior-level experience in financial management
with public and privately held companies in the high tech and financial
services sectors. Prior to InterDigital, Mr. McQuilkin served as Chief
Financial Officer for Metavante Lending Solutions, a high-growth
technology firm providing business process automation to the financial
services industry. Mr. McQuilkin had joined GHR Systems, which
subsequently was acquired by Metavante Corporation, in 2000 as Chief
Financial Officer. Mr. McQuilkin earned a Master of Business
Administration from The Wharton School and a Bachelor of Science from
Pennsylvania State University.
Mr. Brezski joined InterDigital as Controller in 2003 and was appointed
Chief Accounting Officer in 2007. Prior to joining InterDigital, Mr.
Brezski served as an audit manager for PricewaterhouseCoopers LLP in the
firm's technology, information, communications, and entertainment
practice, where he provided business advisory and auditing services to
product and service companies in the electronics, software, and
technology industries. Mr. Brezski earned a Bachelor of Science in
Accountancy from Villanova University and an Executive Master of
Business Administration from Hofstra University.
InterDigital develops fundamental wireless technologies that are at the
core of mobile devices, networks, and services worldwide. We solve many
of the industry's most critical and complex technical challenges,
inventing solutions for more efficient broadband networks and a richer
multimedia experience years ahead of market deployment. InterDigital has
licenses and strategic relationships with many of the world's leading
InterDigital is a registered trademark of InterDigital, Inc.
For more information, visit: www.interdigital.com.
Patrick Van de Wille,
+1 (858) 210-4814
Janet Point, +1 (610) 878-7800
Source: InterDigital, Inc.
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