Two New Business Units Created to Strengthen Key Global Customer Relationships
EINDHOVEN, THE NETHERLANDS and SAN JOSE, CA, Apr 16, 2012 (MARKETWIRE via COMTEX) --NXP Semiconductors N.V. (NASDAQ: NXPI) today announced the appointment of Dave French as EVP and GM for BU Portable & Computing. NXP's High Performance Mixed Signal Business Unit will be split into two separate units: BU Industrial & Infrastructure and BU Portable & Computing.
"We are excited to see Dave join NXP. We believe that through these changes, we will be able to increase our focus on, and support of our customers across the portfolio," said Rick Clemmer, CEO, NXP Semiconductors. "We are making these changes in order to better support our customers. The European based businesses have technology and customer platform based segments with long-term revenue stream; with their main focus on industrial and infrastructure applications based on our strong competencies in RF, Audio and Power. By contrast our US based businesses are centered on quick-turn, high volume businesses and their main focus is on portable, computing and distribution."
Alexander Everke, Executive Vice President and General Manager based in Europe will lead the Industrial and Infrastructure Business Unit which incorporates business lines High Performance RF, Power & Lighting, TV Front End and Emerging Business. Dave French will serve as the Executive Vice President and General Manager for the Portable & Computing Business Unit, which incorporates the business lines Microcontrollers, Interface Products and Logic.
Dave French will be a member of the NXP Management Team and will be based in NXP's San Jose office.
Dave has more than 30 years experience in the semiconductor industry. He has been directly involved in product development, marketing, manufacturing, strategic planning and business management. He started his career at Texas Instruments, working on microcontroller products and ultimately managing the DSP product line. He has also served in business leadership roles as GM of logic products at Fairchild semiconductor, and GM of Analog Devices' DSP business line for nearly 10 years. Prior to joining NXP, Dave served as President and CEO of Cirrus Logic, leading the company to become an industry leader in several segments of the high performance mixed signal semiconductor market and as the CEO of a high performance Wi-Fi chipset company. Dave holds a BSEE degree from University of Rochester in New York.
"I am excited to join such a dynamic and global organization, and I look forward to spending more time working with key customers and supporting our US team to drive further business growth," said Dave French, EVP and GM for BU Portable & Computing, NXP Semiconductors.
About NXP Semiconductors NXP Semiconductors N.V. (NASDAQ: NXPI) provides High Performance Mixed Signal and Standard Product solutions that leverage its leading RF, Analog, Power Management, Interface, Security and Digital Processing expertise. These innovations are used in a wide range of automotive, identification, wireless infrastructure, lighting, industrial, mobile, consumer and computing applications. A global semiconductor company with operations in more than 25 countries, NXP posted revenue of $4.2 billion in 2011. Additional information can be found by visiting www.nxp.com.
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SOURCE: NXP Semiconductors