Actel appoints David Sugishita senior vice president of finance and CFO.SUNNYVALE, Calif.--(BUSINESS WIRE)--June 5, 1995--Actel Corporation (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :ACTL ACTL American College of Trial Lawyers (Irvine, California) ACTL Access Carrier Terminal Location ACTL Activation Library ACTL Automated Compatibility Test Laboratory ACTL Association Cultural Turkey-Luxembourg ) today announced the appointment of David M. Sugishita to the position of Senior Vice President - Finance and Chief Financial Officer, effective August 28, 1995. In appointing Sugishita, John East, Actel President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. , said: "David has a wealth of semiconductor and high technology experience. We are particularly impressed with his background in product operations and financial policies and procedures Policies and Procedures are a set of documents that describe an organization's policies for operation and the procedures necessary to fulfill the policies. They are often initiated because of some external requirement, such as environmental compliance or other governmental . This experience coupled with his corporate work fits our current and projected financial leadership needs perfectly." East went on to say, "David's extensive experience, knowledge and energy level will play a key role as Actel enters its second generation." Prior to joining Actel, Sugishita was Senior Vice President, CFO See Chief Financial Officer. and Treasurer of Micro Component Technology, a manufacturer of automatic test equipment located in St. Paul, MN. Preceding his stint with MCT See Microsoft certification. , he was Vice President - Corporate Controller and Chief Accounting Officer for Applied Materials in Santa Clara, CA. Sugishita's career includes over 13 years in various financial positions with National Semiconductor in Santa Clara rising to the position of Vice President - Finance for National's Semiconductor Group. Prior to that Sugishita held financial positions with Fairchild, Intersil and Memorex. Sugishita was graduated with a Bachelor of Science Noun 1. Bachelor of Science - a bachelor's degree in science BS, SB bachelor's degree, baccalaureate - an academic degree conferred on someone who has successfully completed undergraduate studies in Business Administration from San Jose State University and earned an MBA MBA abbr. Master of Business Administration Noun 1. MBA - a master's degree in business Master in Business, Master in Business Administration from Santa Clara University. Sugishita will replace Kirk A. Ross, who has decided to explore other career opportunities either within Actel or with other organizations. Reflecting on his tenure as CFO, Ross said, "I learned a lot in the job. Working directly with John East has been a real pleasure and I found the CFO position challenging and exciting; however, during that time I discovered my interests are much more in tune with operations, corporate accounting and the controller side of the business than as CFO." About Actel Actel Corporation is dedicated to providing logic designers with the capability and confidence to move up to higher complexity designs. Actel is the world's leading manufacturer of antifuse-based field programmable gate arrays (FPGAs) and associated software development tools. Actel's antifuse architecture offers designers the best combination of price and in-system performance, as well as the greatest gate utilization and high level design efficiencies, all resulting in lower development costs and faster time to market. FPGAs are used worldwide in voice and data communication, computing, medical, industrial control and military/aerospace applications. Actel is located at 955 East Arques Avenue, Sunnyvale, CA 94086. Telephone 408/739-1010. Internet: http://www.actel.com. CONTACT: Actel Corporation, Sunnyvale H. Buford Barr, 408/522-4368 buford@actel.com Abigail Layton, 408/522-4213 |
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