Synaptics Incorporated has announced the appointment of Rahul Patel as its new President and Chief Executive Officer. Patel brings over 30 years of semiconductor industry experience, including a decade at Qualcomm and 13 years at Broadcom. His expertise lies in high-performance Edge-AI wireless connectivity solutions for various devices such as handsets, tablets, PCs, wearables, IoT applications, and networking and broadband solutions.
Patel's appointment follows the tenure of Ken Rizvi, who has served as the company's Interim CEO since February 2025. Rizvi will continue to serve as the company's CFO.
Synaptics is known for its innovation in AI at the Edge, and Patel's extensive experience is expected to drive the company's next chapter of growth and innovation in Processing, Connectivity, and Sensing solutions.
In his previous role at Qualcomm, Patel was responsible for overseeing a multi-billion-dollar portfolio of wireless networking and connectivity business. His leadership roles at Broadcom include playing a pivotal role in expanding Broadcom's Wi-Fi, Bluetooth, and GPS leadership across all market segments.
Nelson Chan, Chairman of Synaptics' Board of Directors, expressed the board's delight in welcoming Patel as the company's next CEO. He highlighted Patel's extensive semiconductor expertise and strong vision as unique assets that position him to accelerate the company's growth and innovation.
Patel himself expressed his honor and excitement in joining Synaptics, emphasizing the company's culture of innovation, exceptional engineering talent, and diversified portfolio of solutions.
Synaptics (Nasdaq: SYNA) is known for driving innovation in AI at the Edge and powers the future with its cutting-edge Synaptics Astra AI-Native embedded compute, Veros wireless connectivity, and multimodal sensing solutions.
The company's focus on making the digital experience smarter, faster, more intuitive, secure, and seamless aligns with Patel's vision to work with the talented team at Synaptics to execute on the growth roadmap and deliver next-generation technology.
As Synaptics enters this new phase with Rahul Patel at the helm, the company aims to bring unparalleled value to its customers, partners, and investors through continued technological advancements and market expansion. Following these announcements, the company's shares moved -4.29%, and are now trading at a price of $62.21. For more information, read the company's full 8-K submission here.
