Bonfield to be Imagination Director
by David MannersSir Peter Bonfield (pictured), who is chairman of NXP, is to be a non-executive director of Imagination.
Bonfield used to work for TI before leaving to be No.2 at ICL to his fellow TI-er Robb Wilmott. When STC bought ICL, Wilmott left ICL and Bonfield took over as CEO.
ICL became loss-making in Bonfield’s final year there.
Bonfield then became CEO at BT where he had an unsuccessful tenure piling up debts of nearly £30 billion in a series of unproductive alliances.
In October 2006, shortly after private equity firm KKR bought 80% of NXP, Bonfield was appointed chairman of the NXP supervisory board.
Imagination recently emerged from a row with the government over what was seen as an attempted coup to move the HQ to China in breach of undertakings given by its China-backed owner Canyon Bridge.