news digest ♦ Power Electronics and 1.2 percent respectively.
“We are encouraged to see that sequential growth resumed across all regions, especially in Europe and Japan, in March,” says Brian Toohey, president, Semiconductor Industry Association. “We look for seasonal moderate growth to continue in the second quarter and build momentum as 2012 progresses. However, while forecasts for global economic growth are improving, macroeconomic and geopolitical uncertainties remain.”
Infineon CEO resigns
Peter Bauer is resigning as CEO of new gallium nitride-on-silicon developer Infineon Technologies AG effective September 30, 2012 due to health reasons
Reinhard Ploss has been appointed new CEO of Infineon Technologies AG. The appointment will become effective on October 1st, 2012.
Sadly, current CEO of Infineon AG, Peter Bauer, will resign his post at the end of the current fiscal year due to health reasons.
Peter Bauer suffers from osteoporosis. During the last several years he already endured numerous fractures of the vertebrae. Recently, his condition significantly worsened and, after due consideration, he informed the Supervisory Board of his decision to leave.
“This is a very difficult decision for me,” says Peter Bauer. “After so many eventful years together, Infineon and its employees are very dear to my heart. However, due to the uncertainties posed by my illness I can no longer dedicate the undivided attention required by the office of the CEO to lead Infineon into the future.”
He continues, “I feel that I have a duty to my health, my family and the company to step down from my current position. I thank all our employees, business partners, customers, investors, my fellow Board members and the members of the Supervisory Board for their unrelenting confidence and support, especially during difficult times, and hope for understanding regarding my decision.”
94
www.compoundsemiconductor.net June 2012
Wolfgang Mayrhuber, Chairman of Infineon’s Supervisory Board comments, “The Supervisory Board deeply regrets that Peter Bauer resigns his post as CEO of Infineon Technologies AG due to health reasons, but has full understanding and great respect for the very personal reasons behind the decision.”
“Peter Bauer has a very authentic, employee- oriented management style. He distinguished himself through his intense commitment, depth of knowledge, clear objectives and focus on performance, as well as his perseverance and dedication to teamwork. These characteristics earned him great recognition among our customers, investors and employees.”
“The Supervisory Board is grateful for Peter Bauer’s outstanding contribution to the company. With the support of his management, he prepared the company for the future. Infineon is stable and profitable today, with attractive products, state of the art manufacturing and competent employees led by an excellent management team.”
Reinhard Ploss will be Peter Bauer’s successor to the post of CEO and is a member of the Infineon AG Management Board. He is currently responsible for production, development, technology and human resources.
“The selection of my long-time colleague, Dr. Reinhard Ploss, as successor, makes me very happy,” states Bauer. “Reinhard Ploss is a highly experienced manager with excellent knowledge of our industry. He enjoys high acceptance within the company and among our international business partners. Infineon is very well positioned for the future. We address the right trends with our focus on Energy Efficiency, Mobility and Security and we have a proven management with a track record of success.”
“The Supervisory board is pleased to appoint Dr. Reinhard Ploss as CEO of Infineon Technologies AG,” says Mayrhuber. “He brings with him both extensive technical expertise and a broad business background. Dr. Ploss currently serves on the Infineon management board with responsibilities as Chief Technical Officer, Chief Operations Officer and Labour Director. During his term, he successfully improved Infineon’s competitiveness in manufacturing and innovation. In our dynamic and
Page 1 |
Page 2 |
Page 3 |
Page 4 |
Page 5 |
Page 6 |
Page 7 |
Page 8 |
Page 9 |
Page 10 |
Page 11 |
Page 12 |
Page 13 |
Page 14 |
Page 15 |
Page 16 |
Page 17 |
Page 18 |
Page 19 |
Page 20 |
Page 21 |
Page 22 |
Page 23 |
Page 24 |
Page 25 |
Page 26 |
Page 27 |
Page 28 |
Page 29 |
Page 30 |
Page 31 |
Page 32 |
Page 33 |
Page 34 |
Page 35 |
Page 36 |
Page 37 |
Page 38 |
Page 39 |
Page 40 |
Page 41 |
Page 42 |
Page 43 |
Page 44 |
Page 45 |
Page 46 |
Page 47 |
Page 48 |
Page 49 |
Page 50 |
Page 51 |
Page 52 |
Page 53 |
Page 54 |
Page 55 |
Page 56 |
Page 57 |
Page 58 |
Page 59 |
Page 60 |
Page 61 |
Page 62 |
Page 63 |
Page 64 |
Page 65 |
Page 66 |
Page 67 |
Page 68 |
Page 69 |
Page 70 |
Page 71 |
Page 72 |
Page 73 |
Page 74 |
Page 75 |
Page 76 |
Page 77 |
Page 78 |
Page 79 |
Page 80 |
Page 81 |
Page 82 |
Page 83 |
Page 84 |
Page 85 |
Page 86 |
Page 87 |
Page 88 |
Page 89 |
Page 90 |
Page 91 |
Page 92 |
Page 93 |
Page 94 |
Page 95 |
Page 96 |
Page 97 |
Page 98 |
Page 99 |
Page 100 |
Page 101 |
Page 102 |
Page 103 |
Page 104 |
Page 105