Richard Clemmer Named New Agere Chief Executive

October 25, 2005 by Jeff Shepard

Agere Systems Inc. (Allentown, PA) has named Richard Clemmer President and Chief Exceutive Officer. Clemmer succeeds John Dickson, who is retiring after leading Agere through the semiconductor downturn. The appointment is effective immediately. Clemmer has served on Agere’s board of directors since October 2002 and remains a director of the company. Clemmer has more than 30 years of experience in the technology industry.

"I have had the pleasure of working side by side with Rick on Agere’s board over the past three years and have no doubt that he is the right person to take the helm at this important juncture in Agere’s evolution," stated Agere Board Chairman H.A. Wagner. "In addition to the wealth of industry expertise that Rick has amassed over the course of his impressive career, his strong leadership skills, proven financial acumen, and strategic problem-solving capabilities will be important assets to the company as we move forward."