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Intersil Corp : Intersil Expands Executive Team with Appointment of Mark Downing

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05/01/2013 | 04:45pm EST

Milpitas, CA, May 1, 2013 - Intersil Corporation (NASDAQ Global Select: ISIL), a world leader in the design and manufacture of high-performance analog, mixed-signal and power management semiconductors, today announced the appointment of Mark Downing as Senior Vice President, Strategy and Business Development.  Mr. Downing will be responsible for establishing a strategic framework for Intersil's future investments, and setting strategic product direction, in collaboration with the company's leadership team.

"Mark has broad experience and strong track record of managing businesses, covering all aspects of corporate strategy, marketing, and business development," said Necip Sayiner, Intersil's President and CEO.  "I believe he will provide the expertise to accurately assess our current investments and roadmaps, as well as the leadership to leverage our core competencies as we chart a sustainable path to success.  I look forward to working with Mark again as we transform Intersil." 

Prior to joining Intersil, Mr. Downing was Senior Vice President, Broad Based Products, and earlier, Vice President of Strategy and Business Development at Silicon Labs. Earlier in his career, he was Chief Executive Officer of privately-held Enpirion; Vice President of Marketing for Micrel; and Vice President of Marketing at Pericom Semiconductor.  Mr. Downing holds a BSc (Hons) in Physics from Aston University and MBA from Open University. 

About Intersil

Intersil Corporation is a leader in the design and manufacture of high-performance analog, mixed-signal and power management semiconductors. The company's products address some of the largest markets within the industrial and infrastructure, personal computing and high-end consumer markets. For more information about Intersil, visit our website at www.intersil.com.


Intersil and the Intersil logo are trademarks or registered trademarks of Intersil Corporation. All other brands, product names and marks are or may be trademarks or registered trademarks used to identify products or services of their respective owners.

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Financials ($)
Sales 2016 538 M
EBIT 2016 123 M
Net income 2016 71,4 M
Finance 2016 315 M
Yield 2016 2,16%
P/E ratio 2016 49,96
P/E ratio 2017 35,54
EV / Sales 2016 5,08x
EV / Sales 2017 4,65x
Capitalization 3 048 M
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Intersil Corp Technical Analysis Chart | ISIL | US46069S1096 | 4-Traders
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Mean consensus HOLD
Number of Analysts 10
Average target price 20,9 $
Spread / Average Target -6,3%
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Necip Sayiner President, Chief Executive Officer & Director
Donald Macleod Chairman
Sunny Gupta Senior Vice President-Worldwide Operations
Richard D. Crowley Chief Financial Officer, Treasurer & Senior VP
Mercedes Johnson Independent Director
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