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Product category: Power Supply ICs and Controllers
News Release from: Fairchild Semiconductor
Edited by the Electronicstalk Editorial Team on 31 March 2003

Fairchild shuffles management pack

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Fairchild Semiconductor has made several new corporate promotions and has created a new position to enable the company to expand its worldwide industry leadership

Fairchild has named Hans Wildenberg to the newly created position of Chief Operating Officer (COO). Reporting directly to Fairchild President, CEO and Chairman of the Board, Kirk Pond, Wildenberg will focus on driving the day-to-day operations in sales and marketing; global operations; product divisions; technology and quality.

He brings to the position more than 22 years of executive-level sales, business development, operations, marketing and manufacturing experience in the semiconductor industry.

He will continue to serve as the company's Executive Vice President of Worldwide Sales and Marketing for an interim period.

Matt Towse has been promoted to the position of Senior Vice President and CFO.

Most recently he served as Vice President and Treasurer, a position he has held since 1997.

Towse has been instrumental in Fairchild's success with major financing activity and played a significant role in its acquisition strategy.

Prior to entering the semiconductor industry, he spent seven years in public accounting with Ernst and Young.

He will continue to report to Joe Martin, who has been elected Vice Chairman of the Board and promoted to Senior Executive Vice President.

Fairchild's Assistant General Counsel, Paul Delva, has been promoted to the position Of Vice President and General Counsel.

Delva has been a key internal legal resource on acquisitions and financial matters.

He also has a lead role in corporate SEC and governance matters.

Delva will continue to report to Dan Boxer, who has been promoted to senior executive vice president and will remain secretary to Fairchild's Board of Directors.

Delva has advised Fairchild on all of its acquisitions and securities offerings as well as on general corporate matters since 1997.

Pete Groth has been promoted to the position of Vice President and Treasurer, filling the vacancy created by Matt Towse's promotion.

Groth has led Fairchild's investor relations efforts since 1999 and will continue with that responsibility while assuming the position of Treasurer.

Groth has held a number of management positions in engineering, product definition, marketing and strategic planning in his 21 years in the semiconductor industry.

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