Xperi appoints Davis as CEO of IP business Adeia

Paul E. Davis

TiVo parent company Xperi has announced the appointment of Paul E. Davis as CEO of its IP business Adeia.

Adeia is in the process of spinning off as a standalone company, with the process set to complete in Q3.

Until the separation is complete, Davis will serve as president of Adeia and continue as chief legal officer of Xperi.

Davis first joined Xperi in 2011, and in 2013 was promoted to senior vice president, general counsel and corporate secretary of Tessera Technologies, the predecessor to Xperi Corporation before the acquisition of DTS in 2016.

Prior to Xperi, Davis was an attorney at Skadden, Arps, Slate, Meagher & Flom with a focus on mergers and acquisitions, corporate securities matters and corporate governance.

Xperi CEO Jon Kirchner said: “After a comprehensive search, the Board of Directors has unanimously decided to promote Paul Davis as Adeia’s new CEO. 

“Paul has deep knowledge of the IP licensing business and a clear understanding of the nuances and challenges of running a public company. Furthermore, his demonstrated leadership and commitment over many years gives the board strong confidence he is the right leader for Adeia’s next chapter as an independent public company.”

Davis said: “Following separation, Adeia will be the leading independent IP licensing business, driven by its pioneering media and semiconductor innovations. I am excited to lead the talented team at Adeia as we extend our IP leadership position through continued innovation and expansion of our IP licensing platform.”