Atmel Announces Management Changes.Business Editors SAN JOSE San Jose, city, United States San Jose (sănəzā`, săn hōzā`), city (1990 pop. 782,248), seat of Santa Clara co., W central Calif.; founded 1777, inc. 1850. , Calif.--(BUSINESS WIRE)--Jan. 13, 2003 Atmel 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 :ATML ATML Automatic Test Markup Language ATML Automated Test Markup Language ) announced today Donald Colvin, Vice President, Finance and Chief Financial Officer, has resigned to pursue other opportunities. "Donald has made many important contributions to Atmel," commented George Perlegos, Atmel's President and Chief Executive Officer. "His leadership is greatly appreciated and we wish him the best in the future." Mr. Colvin will remain with Atmel to help in the completion of 2002 financial statements and assist in the transition to his replacement. Robert Avery, Atmel's Corporate Director of Finance will be the acting Vice President, Finance and Chief Financial Officer until a replacement is found. Mr. Avery joined Atmel in 1989 and possesses an intimate working knowledge of the financial structure of the company. Additionally, Robert McConnell has been appointed as Vice President and General Manager, RF and Automotive Business Unit. Mr. McConnell, a veteran of 38 years in the semiconductor business, most recently served as 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. of Cypress MicroSystems. Prior to that, he held the position of Vice President and General Manager of the Embedded Processor Division at AMD (Advanced Micro Devices, Inc., Sunnyvale, CA, www.amd.com) A major manufacturer of semiconductor devices including x86-compatible CPUs, embedded processors, flash memories, programmable logic devices and networking chips. , where he worked for 27 years. "Mr. McConnell will play a key role in Atmel's continued expansion into these important and fast growing markets. Atmel has developed the SiGe technology and with SiGe and other products we expect to grow revenues for this business beyond $1 billion in the next three to five years," added Mr. Perlegos. Atmel also announced that Ralph Bohannon has been promoted to Senior Vice President of Worldwide Manufacturing. Mr. Bohannon, currently responsible for U.S. manufacturing, will take on responsibility for all Atmel fabrication fabrication (fab´rikā´sh  n),n the construction or making of a restoration. facilities. "Atmel is working very hard to reduce manufacturing costs and transition to smaller geometries of .13u and beyond. Consolidating manufacturing under one organization will allow us to achieve our goals in a very short time," stated Mr. Perlegos. About Atmel Founded in 1984, Atmel Corporation is headquartered in San Jose, California San Jose (IPA: /ˌsænhoʊˈzeɪ/) is the third-largest city in California, and the tenth-largest in the United States. It is the county seat of Santa Clara County. with manufacturing facilities in North America and Europe. Atmel designs, manufactures and markets worldwide, advanced logic, mixed signal, nonvolatile memory and RF semiconductors. Atmel is also a leading provider of system-level integration semiconductor solutions using CMOS (Complementary Metal Oxide Semiconductor) Pronounced "c-moss." The most widely used integrated circuit design. It is found in almost every electronic product from handheld devices to mainframes. , BiCMOS, SiGe, and high-voltage BCDMOS process technologies. Atmel, the Atmel logo and combinations thereof are registered trademarks, and others contained herein are trademarks, of Atmel Corporation. Other terms and product names in this document may be the trademarks of others. |
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