Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : CRUS, good buy? -- Ignore unavailable to you. Want to Upgrade?

To: richard surckla who wrote (6941)	5/4/1999 12:14:00 PM
From: w molloy	Respond to of 8193

Gone, but not out FREMONT, Calif.--(BUSINESS WIRE)--May 4, 1999--Cirrus Logic Inc. (Nasdaq:CRUS - news) today confirmed that Michael L. Hackworth has joined DTI, an Internet-based software developer, as president/CEO, and will continue as an outside Director and non-executive chairman of Cirrus Logic's Board of Directors. Hackworth's decision to join DTI follows Cirrus Logic's recent appointment of David D. French to president/CEO, and completes a succession plan that was initiated with Cirrus Logic's board of directors over a year ago. Since French came to Cirrus Logic last June, he has driven the implementation of Cirrus Logic's new business model, first as chief operating officer, and more recently as chief executive officer. Under his leadership, the company has sharpened its focus on profitable core businesses and positioned itself to compete more effectively in markets served by its precision linear and advanced mixed-signal technologies. ''We want to thank Mike for his 15 years of leadership in taking Cirrus Logic from start-up to becoming a major supplier of advanced integrated circuits,'' said French. ''As Cirrus Logic's new business model moves into the 21st century, it's reassuring to know that we can tap into Mike's experience as he continues as chairman of our board.'' w.