Avago Technologies Appoints Hock E. Tan as President and CEO; Dick Chang Named Chairman of Avago's Board of Directors.SAN JOSE, Calif. -- Avago Technologies, the world's largest privately held semiconductor company, today announced the appointment of Hock hock: see wine. E. Tan as its president and chief executive officer. Tan will also join the board of directors. He succeeds Dick Chang, who has been named chairman of Avago's board of directors. Tan has more than 25 years of senior management experience, most notably at Integrated Circuit Systems, Inc. (ICS (1) (Internet Connection Sharing) A Windows feature that enables two or more computers to share one Internet connection. First introduced in Windows 98 Second Edition, sharing is accomplished with network address translation (NAT), which is the common method. ). In his six-year tenure as 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. , ICS became a global leader in silicon timing devices, more than tripling earnings. Under his leadership, Tan also played a critical role in managing the successful merger of ICS with IDT IDT Integrated Device Technology, Inc. (Santa Clara, CA, USA) IDT I Don't Think IDT Identity Theft IDT Interrupt Descriptor Table IDT Integrated DNA Technologies IDT Inactive Duty Training IDT Instructional Design & Technology (Integrated Device Technology IDT (NASDAQ: IDTI) was founded in 1980 as a semiconductor vendor. Employing approximately 2500 people worldwide, headquartered in San Jose, California and operating a fab in Hillsboro, Oregon, the company both designs and fabricates semiconductor components. , Inc.) last year. He currently serves as chairman of the board of IDT. "Hock is an excellent choice to drive growth through strong tactical and strategic execution, and to lead Avago following its successful transition to a fully stand alone company," said Chang. "In addition to running ICS, he has broad global operations experience, and deep knowledge of the semiconductor industry. We are counting on him to lead this company in its next stage of growth." "I am pleased to join such a well-positioned company," said Tan. "Avago has the right combination of innovative products, talented people, and customer relationships to drive revenue expansion in its core markets. I look forward to being part of that growth." Prior to ICS, Tan was vice president of finance of Commodore International, Ltd., and has held senior management positions with PepsiCo, Inc. and General Motors. Outside the U.S., he had co-founded Pacven Investment, Ltd., in Singapore, and served as managing director for Hume Industries Ltd., in Malaysia. Tan received his MBA MBA abbr. Master of Business Administration Noun 1. MBA - a master's degree in business Master in Business, Master in Business Administration from Harvard Business School Harvard Business School, officially named the Harvard Business School: George F. Baker Foundation, and also known as HBS, is one of the graduate schools of Harvard University. , and his master's and bachelor's degrees in mechanical engineering from the Massachusetts Institute of Technology Massachusetts Institute of Technology, at Cambridge; coeducational; chartered 1861, opened 1865 in Boston, moved 1916. It has long been recognized as an outstanding technological institute and its Sloan School of Management has notable programs in business, . About Avago Technologies Avago Technologies is the world's largest privately held semiconductor company, with 6,500 employees and net revenue of $1.8 billion in fiscal 2005. Avago provides an extensive range of analog, mixed-signal and optoelectronic components and subsystems to more than 40,000 customers worldwide. The company serves three primary product categories comprising optoelectronics, RF/microwave components and enterprise ASICs, and is recognized for providing innovative, high-quality products along with strong customer service and the industry's best on-time delivery. Avago's heritage of technical innovation dates back 40 years to its Agilent/Hewlett-Packard roots. Information about Avago is available on the Web at www.avagotech.com. Avago, Avago Technologies, and the A logo are trademarks of Avago Technologies, Pte. in the United States and other countries. All other trademarks are the property of their respective owners. |
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