Immersion Corporation announced that Ramzi Haidamus will become the company's Chief Executive Officer and a member of the Immersion Board of Directors, effective January 21, 2019. Haidamus succeeds Tom Lacey, the company's Interim CEO, who will remain a Board member of Immersion. With over 30 years of experience in the industry, Haidamus has a proven track record of successfully leading related and relevant technology companies.

Mr. Haidamus was president of Nokia Technologies from 2014 to 2016, where he grew the business from $750 million to $1.3 billion in revenue. He led the growth of the existing patent licensing division and the formation of the digital media, digital health and brand licensing divisions.