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Cypress Names Jeff Osorio VP Corporate Controller; 25-Year Industry Veteran Responsible for Cypress's Operations Finance.


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. -- Cypress Semiconductor Cypress Semiconductor is a semiconductor design and manufacturing company. It began operations in 1982 and listed publicly in 1986. Two years later, the company shifted over to the New York Stock Exchange under the symbol, (NYSE: CY).  Corp. (NYSE NYSE

See: New York Stock Exchange
:CY) today announced the appointment of Jeff Osorio as vice president, corporate controller, reporting to Manny Manny may refer to:

In nobility:
  • Baron Manny, a title in the Peerage of England
  • Walter de Manny, 1st Baron Manny (died 1372), soldier of fortune and founder of the Charterhouse
People with the given name Manny:
  • Manny (given name)
 Hernandez, chief financial officer and vice president of finance and administration. Osorio is responsible for the financial management of Cypress's corporate accounting, including its manufacturing and operations groups.

In addition to Cypress's three manufacturing sites and its general accounting operations, Osorio is responsible for Cypress's four product lines comprising its Memory Products Division, Datacommunications Division, Personal Communications Division and Timing Technology Division.

"Jeff Osorio comes to Cypress at a very important time when its products lines are at record highs in unit shipments," said CFO See Chief Financial Officer.  Hernandez. "In addition to his 25 years of finance experience in the high-tech industry, his focus on operations finance -- specifically in forecasting and planning -- will be beneficial for this position during this high-volume shipping period. Cypress will also leverage Osorio's expertise in streamlining financial processes to become more efficient from the backend to the decision stage."

Prior to Cypress, Osorio held senior financial positions at Silicon Graphics, Crystallume and Spectra-Physics Lasers. Most recently, Osorio was the vice president of finance operations at Silicon Graphics, responsible for global planning, reporting and analysis, budgeting and forecasting and internal management reporting. Osorio received his B.S. in Accounting and 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.

Photo

A high-resolution photo of Osorio is available at http://www.cypress.com/support/link.cfm?mr=oxj.

About Cypress

Cypress Semiconductor Corp. (NYSE:CY) is Connecting from Last Mile to First Mile(TM) with high-performance solutions for personal, network access, enterprise, metro switch and core communications-system applications. Cypress Connects(TM) using wireless, wireline, digital, and optical transmission standards, including USB USB
 in full Universal Serial Bus

Type of serial bus that allows peripheral devices (disks, modems, printers, digitizers, data gloves, etc.) to be easily connected to a computer.
, Fibre Channel, SONET/SDH, Gigabit Ethernet and DWDM (Dense WDM) The term given to wavelength division multiplexing (WDM) when significantly more channels were being added. Since WDM is increasingly more "dense" all the time, both terms are used synonymously. See WDM.

DWDM - wavelength division multiplexing
. Leveraging its process and system-level expertise, Cypress makes industry-leading physical layer devices, framers and network search engines, along with a broad portfolio of high-bandwidth memories, timing technology solutions and reconfigurable mixed-signal arrays. More information about Cypress is accessible online at http://www.cypress.com.

Cypress and the Cypress logo are registered trademarks of Cypress Semiconductor Corp. "Connecting from Last Mile to First Mile," and "Cypress Connects" are trademarks of Cypress. All other trademarks are the property of their respective owners.
COPYRIGHT 2004 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2004, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1USA
Date:Aug 23, 2004
Words:368
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