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ARC names former Virata president its CEO
ARC names former Virata president its CEO ARC International plc, a developer and licenser of 32-bit processor cores and related IP, has named Michael Gulett as chief executive officer. From 1998 to 2001 Gulett was president and chief operating officer of Virata Corp., a supplier of DSL processors. Virata merged with Globespan Inc. in December to form GlobespanVirata. Gulett has also previously served as president and chief executive of Paradigm Technology, a supplier of SRAM, and has worked for VLSI Technology, NCR Microelectronics, and Intel. Elstree, England-based ARC had been operating without a permanent CEO since the forced resignation of Bob Terwilliger in September. John Stockton, who had been chairman of the company, served as interim CEO until the appointment of Gulett. Stockton will now leave the company and resign from the board on January 31.
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