Lattice Semiconductor Corporation Announces Appointments of Chief Executive Officer and Chairman of the Board
HILLSBORO, Ore. - August 9, 2005 - HILLSBORO, Oregon - August 9, 2005 - Lattice Semiconductor Corporation (NASDAQ: LSCC) today announced the appointments of Stephen A. Skaggs as Chief Executive Officer and Patrick S. Jones as Chairman of the Board. Mr. Skaggs joined Lattice in 1992 and served as Senior Vice President and Chief Financial Officer from 1996 until 2003, when he was appointed President. Mr. Jones joined the Lattice Board of Directors in January 2005, and previously served as Senior Vice President and Chief Financial Officer at Gemplus SA, Vice President Finance, Corporate Controller for Intel Corporation and Chief Financial Officer of LSI Logic. Mr. Skaggs has been acting CEO and Mr. Jones has been acting Chairman since June 14, 2005.
The Company's Board of Directors has also terminated the employment of Cyrus Y. Tsui, the Company's incumbent Chief Executive Officer and Chairman of the Board, and Rodney F. Sloss, the incumbent Vice President of Finance.
The Company's Audit Committee has concluded its previously announced independent examination, concerning issues primarily associated with executive compensation and several items pertaining to the Company's internal controls. The Company is not aware of any required adjustments to its historical financial results in connection with these matters. The Company has furnished information regarding the matters examined by the Audit Committee to the Securities and Exchange Commission, which is conducting an ongoing informal inquiry into the Company's prior restatement of financial results.
Lattice Semiconductor Corporation designs, develops and markets the broadest range of Field Programmable Gate Arrays ( FPGA ), Field Programmable System Chips ( FPSC ) and high-performance ISP Programmable Logic Devices ( PLD ), including Complex Programmable Logic Devices ( CPLD ), Programmable Analog Components ( PAC ), and Programmable Digital Interconnect ( GDX ). Lattice also offers industry leading SERDES products. Lattice provides total solutions for today's system designs by delivering innovative programmable silicon products that embody leading-edge system expertise.
Lattice products are sold worldwide through an extensive network of independent sales representatives and distributors, primarily to OEM customers in the communications, computing, industrial and military end markets. Company headquarters are located at 5555 N.E. Moore Court, Hillsboro, Oregon 97124 USA. For more information access our web site at http://www.latticesemi.com .
# # #
Lattice Semiconductor Corporation, Lattice (& design), L (& design), LatticeECP, LatticeXP, MachXO, ispLever, LatticeMico8 and specific product designations are either registered trademarks or trademarks of Lattice Semiconductor Corporation or its subsidiaries in the United States and/or other countries.
|
Related News
- Lattice Semiconductor Appoints New President And Chief Executive Officer
- Brite Semiconductor Appoints Dr. John Zhuang as Acting Chief Executive Officer
- GLOBALFOUNDRIES Board of Directors Appoints Ajit Manocha Chief Executive Officer
- Lattice Semiconductor Announces Two Key Executive Appointments
- MoSys Announces That Semiconductor Industry Veteran Len Perham Joins as New Chief Executive Officer
Breaking News
- Jolt Capital buys and invests in Dolphin Design's carved-out mixed-signal IP activities
- Tenstorrent Expands Deployment of Arteris' Network-on-Chip IP to Next-Generation of Chiplet-Based AI Solutions
- Siemens' Tessent In-System Test software enables advanced, deterministic testing throughout the silicon lifecycle
- EnSilica plc - Audited Full Year Results for the Year Ended 31 May 2024
- Logic Design Solutions launches Gen4 NVMe host IP
Most Popular
- Arm's power play will backfire
- Siemens strengthens leadership in industrial software and AI with acquisition of Altair Engineering
- Sondrel announces CEO transition to lead next phase of growth
- M31 is partnering with Taiwan Cooperative Bank to launch an Employee Stock Ownership Trust to strengthen talent retention
- ULYSS1, Microcontroller (MCU) for Automotive market, designed by Cortus is available
E-mail This Article | Printer-Friendly Page |