logo
Share SHARE
FONT-SIZE Plus   Neg

James Diller Named Interim CEO Of Intersil Following Dave Bell's Resignation

Chip maker Intersil Corp. (ISIL) said it has appointed board member, James Diller, as interim president and chief executive, following Dave Bell's resignation as president and chief executive and a director of the company, effective immediately.

Diller, as interim President and Chief Executive, would work closely with Intersil's current executive team and board to oversee the company's ongoing operations and strategic initiatives. The board has formed a search committee chaired by Board member Donald Macleod to consider candidates for the permanent President and Chief Executive Officer role.

Further, Intersil named Donald Macleod as Chairman with immediate effect. Gary Gist, the company's former Chairman, has stepped down from that position and would remain a board member.

Diller, who has been the company's board member since May 2002, has significant expertise in the semiconductor industry, having served as CEO of two public companies, including Elantec Semiconductor Inc. and PMC-Sierra Inc., of which he was a founder.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
Shares of Sanofi SA were gaining around 2 percent in the early morning trading in Paris after the French drug giant reported significantly higher profit in its first quarter, benefited by 4.4 billion euros gains from the disposal of its Merial animal healthcare unit and higher sales. For fiscal 2017, Sanofi said it continues to expect Business earnings per share to be stable to negative 3 percent. Shares of UBS Group AG were gaining around 4 percent in the early morning trading after the Swiss banking giant reported Friday significantly higher profit in its first quarter, despite weakness in net interest income. The company also proposed a dividend. Looking ahead, UBS said it is well positioned to mitigate various market challenges... Alphabet Inc. (GOOG, GOOGL), the parent company of Google, Thursday reported an increase in profit for the first quarter, driven largely revenue growth in search and advertising. Alphabet's first-quarter profit rose to $5.43 billion or $7.73 per share from $4.21 billion or $6.02 per share last year. On...
comments powered by Disqus
RELATED NEWS
Trade ISIL now with 
Follow RTT