logo
Plus   Neg
Share
Email

Synaptics CFO Wajid Ali Resigns; Promotes Kermit Nolan As Interim CFO

Synaptics Inc. (SYNA) announced that as of February 7, 2019, Senior Vice President and Chief Financial Officer Wajid Ali is leaving in order to accept an executive-level position at another publicly-held company. Synaptics noted that Ali's resignation to pursue other opportunities is not a result of any disagreement with the company or any matter relating to its operations, accounting or other policies, or practices.

Kermit Nolan has been promoted to Corporate Vice President, Chief Accounting Officer and Interim Chief Financial Officer. Nolan has served in various accounting, tax and finance roles since he joined Synaptics nearly 15 years ago, most recently as Vice President and Corporate Controller.

The company said it has commenced a search for a new Chief Financial Officer.

For comments and feedback contact: editorial@rttnews.com

Business News

Editors Pick
SiriusXM launched a new subscription package exclusively for college students at a steep discount, just ahead of the fall semester. The satellite-radio giant introduced the "Student Premier" Package that provides students with all the content in SiriusXM's "Premier Streaming" package for $4 per month. This is a 69 percent discount from the regular price of $12.99 per month for Premier Streaming. Apple Inc. warned that its newly launched titanium Apple Card can be easily damaged if not stored properly. The company advised that the card must be kept away from fabrics like leather and denim as they can cause permanent discoloration. The tech giant has posted a support page that provides instructions to users on how to protect and maintain their Apple Card. Southwire Co. LLC recalled about 3000 units of Garvin pop-up electrical outlet floor box kits for concerns of fire hazard. The company said the electrical receptacles can overheat when in use. Southwire already received three reports of the floor boxes overheating. However, there have been no injuries reported so far.
Follow RTT