Richard Clemmer

Richard Clemmer
Advisor

Mr. Clemmer is a Senior Advisor to Kohlberg Kravis Roberts Private Equity and is on the Board of Directors of I2 Technologies (NASDAQ: ITWO).

Most recently, Mr. Clemmer was Director and CEO of Agere Systems (NYSE: AGR) which he sold to LSI Logic in a $2 Billion transaction.

Prior to that, in 2001, Mr. Clemmer joined the Board of Purchasepro, an early B2B e-commerce leader in the hospitality industry, subsequently becoming the company's CEO. While at Purchasepro, Mr. Clemmer led the company through a business combination with Perfect Commerce.

In 1996, Mr. Clemmer became Chief Financial Officer of Quantum Corp., a data storage company. Highlights of Mr. Clemmer's tenure at Quantum include guiding the company through a liquidity turn-around, implementing one of the first Silicon Valley tracking stocks, and completing a $2 billion merger with Maxtor Corporation resulting in the largest company in the hard-disk drive storage industry.

Prior to that, Mr. Clemmer began his career at Texas Instruments (NYSE: TXN), where his 23 years of experience culminated as Chief Financial Officer and Senior Vice President of the Semiconductor Group. In addition, he was a key member of the leadership team facilitating TI's move from a broad general semiconductor focus to DSPS-based business segments through, among other things, strategic acquisitions.