MACOM Announces Departure of Robert J. McMullan, Chief Financial Officer
The company also announced
“On behalf of the board of directors and the executive team, I would
like to thank Bob for all of his contributions at MACOM,” said
Mr. Croteau continued, “Looking ahead toward the next phase of MACOM’s development, our focus is on leveraging the strategic investments we’ve made and scaling operations, both internally and with our external manufacturing partners. Accordingly, our search for a new CFO is focused on candidates with a strong financial background coupled with a proven track record of operational execution.”
MACOM enables a better-connected and safer world by delivering breakthrough semiconductor technologies for optical, wireless and satellite networks that satisfy society’s insatiable demand for information.
Today, MACOM powers the infrastructure that millions of lives and livelihoods depend on every minute to communicate, transact business, travel, stay informed and be entertained. Our technology increases the speed and coverage of the mobile Internet and enables fiber optic networks to carry previously unimaginable volumes of traffic to businesses, homes, and datacenters.
Keeping us all safe, MACOM technology enables next-generation radars for air traffic control and weather forecasting, as well as mission success on the modern networked battlefield. MACOM is the partner of choice to the world’s leading communications infrastructure, aerospace and defense companies, helping solve their most complex challenges in areas including network capacity, signal coverage, energy efficiency and field reliability, through its best-in-class team and broad portfolio of analog RF, microwave, millimeterwave and photonic semiconductor products.
MACOM is a pillar of the semiconductor industry, thriving for more than 60 years of daring to change the world for the better, through bold technological strokes that deliver true competitive advantage to customers and superior value to investors.
SPECIAL NOTE REGARDING FORWARD-LOOKING STATEMENTS:
This press release contains forward-looking statements based on MACOM's
beliefs and assumptions and on information currently available to
MACOM. These forward-looking statements include, among others,
statements about MACOM’s strategic plans, including those regarding its
investments and operations. These forward-looking statements reflect
MACOM's current views about future events and are subject to risks,
uncertainties, assumptions and changes in circumstances that may cause
those events or our actual activities or results to differ materially
from those expressed in any forward-looking statement. Although MACOM
believes that the expectations reflected in the forward-looking
statements are reasonable, it cannot and does not guarantee future
events, results, actions, levels of activity, performance or
achievements. Readers are cautioned not to place undue reliance on these
forward-looking statements. A number of important factors could cause
actual results to differ materially from those indicated by the
forward-looking statements, including, but not limited to, those factors
described in "Risk Factors" in MACOM's Annual Report on Form 10-K,
Quarterly Reports on Form 10-Q and other filings with the
MACOM Technology Solutions Holdings, Inc.
Stephen Ferranti, Vice President of IR
Investor Relations Contacts:
Leanne K. Sievers, President
Brett L. Perry, Vice President