ALAMEDA, CA – Feb. 25, 2020 – Wind River®, a leader in delivering software for the intelligent edge, today announced that its Board of Directors has appointed Kevin Dallas to the role of Chief Executive Officer and member of the Board of Directors, effective immediately. Dallas succeeds Jim Douglas, who has decided to step down as President and Chief Executive Officer of the company. Douglas will continue to advise Wind River and TPG Capital during a transition period.
As a leading software provider for the intelligent edge, Wind River is delivering the highest levels of security, safety, performance, and reliability in industries that include aerospace and defense, industrial, medical, automotive, and telecommunications.
“Wind River has revolutionized industries through advanced technology in billions of edge devices and systems. It is an honor and a privilege to be able to lead the company through its transition to an Intelligent Systems Platform company,” said Dallas. “The growth opportunity ahead for Wind River is significant, and my job is to accelerate the delivery of innovative products that enable the digital transformation of our customers in a data-driven, AI-first world. I look forward to working with our talented team, the board, and TPG Capital to accelerate the company’s growth trajectory.”
Dallas brings more than 25 years of experience driving digital innovation and growth at technology companies. He most recently served as the Microsoft Corporate Vice President for Cloud and AI Business Development. Dallas has demonstrated a strong track record of growing businesses, delivering advanced intelligent cloud and edge product innovation, and enabling customer digital transformation. Prior to joining Microsoft in 1996, he held roles at NVIDIA Corporation and National Semiconductor (now Texas Instruments Inc.) in the U.S., Europe, and Israel.
“We thank Jim for his decade of service and important work in leading Wind River through its transition phase and positioning it for future growth. Under his leadership, the company has made tremendous progress,” said Moshe Gavrielov, Executive Chairman of the Board of Wind River. “Looking ahead, Kevin brings the perfect mixture of executive leadership experience and digital expertise to lead Wind River through its next chapter. We are pleased to welcome him aboard.”
“Jim has been central to Wind River’s strategy, and we congratulate him on a long and successful tenure,” said Nehal Raj, Partner at TPG Capital. “Kevin’s appointment builds on Wind River’s strong momentum, following its recent acquisition of Star Lab in embedded security and significant progress in the 5G edge computing arena. His vision and strategic insight will be invaluable as we work together to advance the company’s mission to deliver innovative software solutions that power today’s modern infrastructure.”
Wind River was acquired by TPG Capital in 2018 in a transaction that established the company as a standalone entity. The company has since taken meaningful steps to strengthen and reinforce its market-leading position, including growing its customer base, enhancing and expanding its portfolio, and investing in strategic growth initiatives.
“It has been a privilege to help lead Wind River for the last decade. I am proud of the results we have delivered as a company, particularly over the last two years since becoming an independent business,” said Douglas. “Wind River’s prospects are strong, and I look forward to helping the company and TPG Capital ensure continued success going forward.”
About Wind River
Wind River is a global leader in delivering software for the intelligent edge. The company’s technology has been powering the safest, most secure devices in the world since 1981 and is found in more than 2 billion products. Wind River offers a comprehensive portfolio, supported by world-class global professional services and support and a broad partner ecosystem. Wind River software and expertise are accelerating digital transformation of critical infrastructure systems that demand the highest levels of safety, security, performance, and reliability. To learn more, visit Wind River at www.windriver.com.
TPG is a leading global alternative asset firm founded in 1992 with more than $119 billion of assets under management and offices in Austin, Beijing, Boston, Dallas, Fort Worth, Hong Kong, Houston, London, Luxembourg, Melbourne, Moscow, Mumbai, New York, San Francisco, Seoul, and Singapore. TPG's investment platforms are across a wide range of asset classes, including private equity, growth equity, real estate, credit, and public equity. TPG aims to build dynamic products and options for its investors while also instituting discipline and operational excellence across the investment strategy and performance of its portfolio. For more information, visit www.tpg.com.
Global Corporate Communications