Did anyone post this yet? CFO resigns.
SUNNYVALE, Ca. (7/28/98) --- Oak Technology (NASDAQ: OAKT), a provider of
high-performance semiconductors for the optical storage, consumer electronics
and digital office equipment markets, today announced that Sidney S.
Faulkner, its Chief Financial Officer, has resigned to pursue personal
interests. Mr. Faulkner joined the company in 1991 as Corporate Controller
and was named Chief Financial Officer in 1993.
"Sid leaves us with a very strong financial and administrative organization
and we wish him the very best in the future," stated Richard Black, president
of Oak Technology. The Company announced that Mr. Ron Wilderink, VP Corporate
Controller, will assume the role of acting Chief Financial Officer.
ABOUT OAK TECHNOLOGY
Founded in 1987, Oak Technology, Inc. designs, develops and
markets high-performance semiconductors and related software to original
equipment manufacturers worldwide who serve the optical storage, consumer
electronics, and digital office equipment markets. Oak has subsidiaries in
Japan (Oak Technology K.K.); Taiwan (Oak Technology, Taiwan); Andover, Mass.
(Pixel Magic, Inc.); and Bristol, England (Oak Technology Limited).
Additional information about Oak Technology and its products can be found on
the World Wide Web at www.oaktech.com.
Oak Technology and the Oak logo are registered trademarks of
Oak Technology, Inc. Pixel Magic is a trademark of Oak Technology. All other
product names or company names are mentioned for identification purposes
only, and may be trademarks of their respective owners. |
