Ceva Board Member Sven-Christer Nilsson to Retire After Over 20 Years of Service

Ceva, Inc. is set to undergo a leadership change as it announces the retirement of Sven-Christer Nilsson from its Board of Directors, effective at the upcoming annual meeting on June 2, 2026. Nilsson has been an integral part of the board since November 2002, bringing over two decades of experience. His contributions to Ceva's strategic direction and governance have been substantial, highlighting the impact of his tenure on the company’s growth and innovation in the semiconductor and software sectors.

A Legacy of Leadership

During his time on the board, Nilsson has held significant roles, including those on the Audit Committee and as Chair of the Nomination and Governance Committee. His leadership has been characterized by a deep understanding of the industry, which has helped guide Ceva through various phases of growth. Chairman Peter McManamon commended Nilsson for his invaluable leadership and insight, reflecting the high regard in which he is held within the company.

Continuing Innovation in Semiconductor Solutions

As Ceva continues to focus on its core competencies in silicon and software IP for smart edge devices, Nilsson’s retirement comes at a time when the company is navigating significant advancements in AI-driven technologies. Ceva’s commitment to innovation is evident as it provides critical connectivity solutions across 5G and IoT, catering to over 400 customers globally and shipping more than 20 billion devices. The company is well-positioned to expand its market share following this leadership transition.

Looking Ahead

With Nilsson's departure approaching, Ceva is likely to initiate a search for a successor who can continue to foster the company's growth and uphold its commitment to innovation in the rapidly evolving technology landscape. The Board aims to maintain stability during this transition, ensuring that Ceva remains a leader in the semiconductor and software industry.