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News

PortalPlayer CEO to Resign

Friday, July 28th, 2006 at 10:00 AM - by

PortalPlayer's CEO and president, Gary Johnson, plans to resign from the company by the end of the year. Mr. Johnson says he is leaving to pursue pre-IPO opportunities. "My true passion is in leading companies through their initial rapid growth," he said.

The company said that it will look for a new CEO over the next few months.

PortalPlayer gained much of its success by providing system-on-a-chip processors to Apple for the iPod. In April, the company announced that Apple wouldn't be using its chips in upcoming products.

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