Universal Display Corporation has recently announced that Mr. Mauro Premutico, previously Managing Vice President and Chief Patent Counsel at The Walt Disney Company, has joined the company as Vice President, Legal and General Manager, Patents and Licensing. Premutico brings decades of experience in patent protection, intellectual property law, and licensing to Universal Display.
Steven V. Abramson, President and Chief Executive Officer of Universal Display, “We are delighted to have Mauro join our management team as we continue to build our company as the leading OLED technology developer and material supplier to the display and lighting industries.” Steven added, “Mauro will lead our strategic initiatives to manage, defend, and further enhance our intellectual property. With his years of international experience in patent enforcement and defense as well as license negotiations, Mauro will play a key role as we move into the next phase of growth for our customers and shareholders.”
While at The Walt Disney Company as Managing Vice President and Chief Patent Counsel, Premutico managed the patent legal and corporate technology licensing teams for all Disney companies, served as lead negotiator on all significant patent and technology licensing matters, and developed teams that monetised Disney’s patent assets.
Premutico’s experience and expertise will help him succeed in managing Universal Display’s patent portfolio, which is one of the largest in the OLED field and includes licensing rights to over 1,400 issued and pending patents worldwide in a broad array of OLED technologies, materials, and processes. Universal Display has entered into more than 30 business agreements with leading manufacturers in Japan, Korea, Taiwan, China, Europe, and the U.S.