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Freescale Semiconductor Launches CEO Succession Process

By TechTaffy Desk

[Techtaffy Newsdesk]

Freescale Semiconductor’s board of directors has launched a formal process to identify a successor to chairman and CEO Rich Beyer, who has informed the board of his decision to retire as CEO upon the appointment of a new CEO. The board has engaged an executive recruitment firm and will consider both external and internal candidates. Mr. Beyer, 63, will continue in his role as chairman and CEO until a successor is named and seated.

Mr. Beyer joined Freescale in March 2008 and has led the transformation of the company during the past four years which culminated in an initial public offering in May 2011.

Upload: 04-22-12

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