Actionable news
0
All posts from Actionable news
Actionable news in CY: Cypress Semiconductor Corporation,

Cypress Names Hassane El-Khoury as Next CEO

SAN JOSE, Calif., Aug. 11, 2016 /PRNewswire/ -- Cypress Semiconductor Corporation (CY) today announced that Hassane El-Khoury has been named its president, chief executive officer, and a member of its board of directors, and that Ray Bingham's current role as chairman of the board has been expanded to executive chairman, providing him with a day-to-day role in support of the CEO focused externally on customers and investment opportunities.

View photosMore
Cypress CEO and President Hassane El-Khoury

"The goal of our comprehensive internal and external executive search was to identify a CEO who would drive the transformation of Cypress, expand our leadership position in embedded systems and enhance our focus on revenue and earnings growth and long-term shareholder value," said Bingham, a 30-year veteran of the semiconductor industry who sits on numerous high-tech boards of directors in addition to Cypress. "Among the many interested and qualified candidates we interviewed, El-Khoury emerged as the clear executive leader to deliver on Cypress's enormous potential and unlock its value for customers and...


More