Wednesday, May 21, 2008

Infineon's CEO Announces Resignation

Dr. Wolfgang Ziebart announced his resignation as president and CEO of Infineon Technologies AG. He has held the positions for the past four years. During his term of office, Ziebart strategically re-positioned the company and amongst others carved-out the memory business to form a separate legal entity, Qimonda, which was listed at the NYSE in August 2006.