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Freescale loses another top executive

Posted: 27 Aug 2008     Print Version  Bookmark and Share

Keywords:resignation  senior vice president  semiconductor supplier  executive 

Another Freescale Semiconductor Inc. top executive is leaving the company. The resignation of Sumit Sadana, senior vice president, strategy and business development, came just a few weeks after another senior vice president resigned from the semiconductor supplier.

Freescale announced Sadana's departure in a terse filing with the U.S. Securities & Exchange Commission on August 22, noting that the executive would be leaving the company sometime in September.

Sadana's resignation follows the August 5 announcement that Paul Grimme, senior vice president and head of Freescale's microcontroller solutions business, would be resigning, also effective in September.

The Austin, Texas-based company has lost a string of executives in recent months starting with the February departure of chairman and CEO Michel Mayer. Richard M. Beyer replaced him in March.

None of the three senior Freescale executives offered detailed reasons for their decision to leave the company.

Mayer led the company through its spin off from Motorola Inc. and an initial public offering in July 2004. He was also at the helms when a group of investors acquired the company two years later.

-Bolaji Ojo
EE Times





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