When Stu Nichols got a job at MIPS Technologies in 2007, it showed there was life after backdating. He’d been thrown under the bus at KLA-Tencor, like so many other general counsel during the backdating scandal, and became the first to get up dust himself off and get a new job.
But Nichols has now moved on from MIPS — a shrinking tech company in Mountain View dedicated mainly to licensing its IP. He left in April and was replaced by longtime MIPS in-house lawyer Gail Shulman Knittel.
“It was the right time to do it for the company,” Nichols said. “And I was able to make a transition that was fair economically for me.”
Not a great time to be looking for a job, but Nichols said he has "an opportunity" as a part-time GC at a software company.
MIPS spokeswoman Jen Bernier-Santarini said that Nichols left “to pursue other interests” adding that “Gail has deep background from both a legal perspective and a MIPS Technologies perspective.”
MIPS has now gone through two GCs since 2006. Kate Rundle came before Nichols. The new GC will no longer be reporting to MIPS CEO John Bourgoin as past GCs have. Instead Knittel will be reporting to Sandy Creighton — another former MIPS GC whose now an executive and head of HR.
— Zusha Elinson