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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?


To: StanX Long who wrote (63125)4/23/2002 11:35:12 PM
From: StanX Long  Read Replies (1) | Respond to of 70976
 
Chartered CEO to step down; foundry names Jim Norling interim chief executive
Semiconductor Business News
(04/23/02 20:18 p.m. EST)

siliconstrategies.com

SINGAPORE--Chartered Semiconductor Manufacturing Pte. Ltd. today announced that its president and CEO, Barry Waite, has requested early retirement for personal reasons. Waite, 53, has been Chartered's president and CEO since May 1998.

To fill the position temporarily, Chartered's board of directors has named Jim Norling, a retired executive from Motorola Inc., as the interim president and CEO. Norling, 60, joined Chartered's board as deputy chairman in March 2001 after a 35-year career at Motorola.

Singapore-based Chartered said it has commenced its search to find a CEO successor to Waite. The pure-play silicon foundry company said it expects the process to take up to nine months.