Monday, November 15, 2004

Conexant Announces Senior Management Changes

Conexant Systems announced several management changes, including the following.



Lewis C. Brewster has been appointed executive vice president and COO, replacing Michael Powell, who resigned for personal reasons. Brewster held the same position with Conexant prior to the merger.



Chee Kwan has been named vice president and general manager of the Wireless and Networking Components Products organization, replacing Lawrence Ciaccia, who is leaving Conexant to pursue personal interests. Most recently, Kwan served as vice president of Marketing for this business unit.



Akram Atallah has been appointed vice president and general manager of Conexant's Broadband/DSL Access Products business, replacing Michael Powell, who had been acting in this capacity. Atallah was vice president and general manager of the company's Universal and Voice Access Products group.



Jeff Crosby has been named vice president and general manager of Broadband Media Processing Products, which consists of Set-top Box Products and Convergence Video Products. Crosby previously served as vice president and general manager of Set-top Box Products. Greg Fischer, who held the same position for the Convergence Video group, has chosen to leave Conexant.



Mark Duvall has been appointed vice president and general manager of the company's Universal and Voice Access Products business, replacing Atallah. Duvall was vice president of Americas Sales. http://www.conexant.com

  • Conexant Systems named Dwight W. Decker as its new CEO, replacing Armando Geday, who resigned for personal reasons. Conexant also said that it plans to reduce pro forma operating expenses from the current quarterly level of $95 million to $80 million exiting its September-ending fiscal year. Plans to reduce operating expenses include an increasing shift of product development resources to lower-cost regions, and a continued merger-related SG&A consolidation. Dwight Decker, who also serves as Conexant's Chairman, returns to the CEO position he held from the time of Conexant's spin-off from Rockwell International in 1999 through to the company's merger with GlobespanVirata. At the time of the merger, Armando Geday, CEO of GlobespanVirata, became CEO of the combined company, and Decker assumed the role of non-executive chairman.

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