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Product category: Microprocessors, Microcontrollers and DSPs
News Release from: Zilog
Edited by the Electronicstalk Editorial Team on 14 March 2002

Thorburn and Burger move up at Zilog

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Acting CEO Jim Thorburn has been elected to Zilog's Board of Directors as Chairman and CEO, and Executive Vice President Mike Burger has been named President.

Acting CEO Jim Thorburn has been elected to Zilog's Board of Directors as Chairman and appointed Chief Executive Officer In addition, Executive Vice President Mike Burger has been named President and elected to the Board of Directors

Thorburn, 46, was brought into Zilog as Acting CEO in March 2001 to lead a restructuring of the company, which had seen a decline of its business due to the overall weakness in the semiconductor industry.

Since Q1 2001, Zilog has made significant financial improvement, turning a Q1 2001 EBITDA loss of $7 million into EBITDA gains of $6.6 million in each of Q3 and Q4 2001.

Under Thorburn's leadership, Zilog's management team is executing a restructuring plan that focuses the business on core products, rationalise