Rovi Appoints Sean Matthews as Executive Vice President, Strategy and Corporate Development
Rovi Corporation (NASDAQ:ROVI) today announced that Sean Matthews has joined the company as executive vice president, strategy and corporate development. Responsible for maximizing Rovi’s strategic growth opportunities, Mr. Matthews will work closely with the executive leadership team and business group leaders to spearhead market analyses and help define long-term product vision for the company. His responsibilities also include overseeing mergers and acquisitions, alliances and strategic partnerships, emphasizing both organic and inorganic growth initiatives. Reporting to President and CEO Tom Carson, Mr. Matthews will be based at Rovi’s corporate headquarters in Santa Clara, Calif.
“Sean comes to Rovi at a time when his background and track record in corporate strategy, strategic partnerships, and investments is well suited to the opportunities before Rovi in our dynamic industry,” said Mr. Carson. “In addition to in-depth technology expertise and an innate understanding of digital entertainment commercial applications, Sean brings a clear vision and strong leadership qualities that we believe will be valuable to our current and future customers. We are delighted to welcome him to our executive team.”
Mr. Matthews has more than 20 years of experience in corporate strategy, development, finance, marketing and operations. Prior to joining Rovi, Mr. Matthews served as senior vice president of strategy and corporate development for ARRIS Group, Inc. At ARRIS, he oversaw strategic planning and execution of acquisition and investment transactions for the $5 billion global media entertainment and data communications solutions business.
Prior to ARRIS, Mr. Matthews held leadership positions with Google Inc. and Motorola Mobility, including vice president of home and convergence strategy. Earlier in his career he led the software technology corporate finance practice for Arthur Andersen, where he advised companies on mergers and acquisitions, sales and divestitures, and private equity financings. He also served as chief financial officer for Synchronous, Inc., an optical network equipment manufacturer. Mr. Matthews holds a bachelor’s degree in business administration with an emphasis in finance from the University of Colorado at Boulder.
“Rovi has a rich history of innovation in digital entertainment across different facets of discovery and monetization that continue to address growing opportunities in an expanding industry,” said Mr. Matthews. “I look forward to helping Rovi as we work towards driving growth and bringing value to both our customers and stockholders.”
About Rovi Corporation
Rovi is leading the way to a more personalized entertainment experience. The company’s pioneering guides, data, and recommendations continue to drive program search and navigation on millions of devices on a global basis. With a new generation of cloud-based discovery capabilities and emerging solutions for interactive advertising and audience analytics, Rovi is enabling premier brands worldwide to increase their reach, drive consumer satisfaction and create a better entertainment experience across multiple screens. The company holds over 5,000 issued or pending patents worldwide and is headquartered in Santa Clara, California. Discover more about Rovi at rovicorp.com.
Forward Looking Statements
All statements contained herein that are not statements of historical fact, including statements that use the words “will” or “is expected to,” or similar words that describe the Company’s or its management’s future plans, objectives, or goals, are “forward-looking statements” and are made pursuant to the Safe-Harbor provisions of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that could cause the actual results of the Company to be materially different from the historical results and/or from any future results or outcomes expressed or implied by such forward-looking statements. Such factors are further addressed in the Company’s most recent report on Form 10-Q for the period ended June 30, 2014 and such other documents as are filed with the Securities and Exchange Commission from time to time (available at www.sec.gov). The Company assumes no obligation to update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release, except as required by law.
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