Co-founder Samueli resumes role as CTO at Broadcom

AP News
|
Posted: Jan 05, 2010 9:46 PM

Broadcom co-founder Henry Samueli has resumed his role as chief technical officer for the chipmaker after a federal judge dismissed a criminal charge against him.

Company spokesman Bill Blanning said Tuesday that Samueli resumed his role in December as the company's senior vice president and chief technical officer.

Samueli stepped down as CTO in 2008 during a probe into allegations of illegal stock options backdating, but continued to serve as a full-time technology adviser to Broadcom.

Last month, a federal judge dismissed criminal charges against two other Broadcom officials related to backdating allegations and vacated a guilty plea by Samueli to a single count of lying to Securities and Exchange Commission investigators.

THIS IS A BREAKING NEWS UPDATE. Check back soon for further information. AP's earlier story is below.

IRVINE, California (AP) _ Broadcom co-founder Henry Samueli has resumed working for the chipmaker after a federal judge dismissed a criminal charge against him.

Company spokesman Bill Blanning said Tuesday that Samueli rejoined Irvine, California-based Broadcom in December as the company's senior vice president and chief technical officer.

Samueli took a leave of absence in 2008 during a probe into allegations of illegal stock options backdating.

Last month, a federal judge dismissed criminal charges against two other Broadcom officials related to backdating allegations and vacated a guilty plea by Samueli to a single count of lying to Securities and Exchange Commission investigators.