Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  Equities  >  Nasdaq  >  Microchip Technology Inc.    MCHP

SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector newsTweets 

Microchip Technology Inc. : Microchip Technology Announces Retirement of Gordon Parnell

share with twitter share with LinkedIn share with facebook
share via e-mail
0
02/25/2013 | 10:20pm CET

Microchip Technology Incorporated (NASDAQ: MCHP), a leading provider of microcontroller, mixed-signal, analog and Flash-IP solutions, today announced that Gordon Parnell, Vice President of Investor Relations and Business Development, will retire at the end of March 2013. Gordon was a long-time Chief Financial Officer of Microchip, and in 2009, moved to a role of IR and Business Development. He has many long-term relationships with Microchip's investors and analysts. Under Gordon's watch, Microchip completed 10 acquisitions in the last four years, including two large acquisitions - Silicon Storage Technology in 2010 and SMSC in 2012.

Steve Sanghi, President and CEO of Microchip, commented, "Gordon has been a 23-year employee of Microchip and made tremendous contributions over that time. Gordon will be greatly missed on a day-to-day basis, although he has agreed to be available on a consulting basis to assist in major deals and other projects. Gordon's responsibilities will be absorbed by a combination of Eric Bjornholt, CFO, Ganesh Moorthy, COO, and me."

Mr. Sanghi concluded, "On behalf of all of the stockholders and employees of Microchip, I would like to thank Gordon for his outstanding service to Microchip. He has been a role model within Microchip. He hired and trained Eric Bjornholt who took over as CFO in 2009, thus maintaining our long-term proven culture of executive development and internal promotions at Microchip. We wish Gordon well in his retirement."

About Microchip:

Microchip Technology Incorporated is a leading provider of microcontroller, mixed-signal, analog and Flash-IP solutions, providing low-risk product development, lower total system cost and faster time to market for thousands of diverse customer applications worldwide. Headquartered in Chandler, Arizona, Microchip offers outstanding technical support along with dependable delivery and quality. For more information, visit the Microchip website at www.microchip.com.

The Microchip logo and name are registered trademarks of Microchip Technology Incorporated.

Microchip Technology Incorporated
J. Eric Bjornholt, 480-792-7804
CFO


© Business Wire 2013
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on MICROCHIP TECHNOLOGY INC.
01/11 MICROCHIP TECHNOLOGY : now stocking all former Atmel products
01/10 MICROCHIP TECHNOLOGY : Online Store Now Includes All Former Atmel Products; AVR ..
01/09 Microchip’s Online Store Now Includes All Former Atmel Products
01/08 MICROCHIP TECHNOLOGY : Colorado Springs Utilities gives Microchip Technology Inc..
01/06 MICROCHIP TECHNOLOGY : Daimler adopts Microchip's MOST150 devices
01/05 Daimler Adopts Microchip’s MOST150 Devices With Coaxial Physical Layer ..
01/04 Rollout of Microchip’s MOST150 Technology at Audi Continues with Launch..
2016 MICROCHIP TECHNOLOGY : Patent Issued for Method and System for Determining the P..
2016 MICROCHIP TECHNOLOGY : Assigned Patent
2016 MICROCHIP TECHNOLOGY : Patent Issued for Audio Player with Bluetooth Function an..
More news
Sector news : Semiconductors - NEC
01/21DJApple Sues Qualcomm Over Chips -- WSJ
01/21 Apple files $1 billion lawsuit against chip supplier Qualcomm
01/20DJCorrection to inauguration donors article on Thursday
01/12DJSmartphones Turn to Software Advances -- WSJ
01/11DJINTEL : Computer Chips Evolve to Keep Up With Deep Learning
More sector news : Semiconductors - NEC
News from SeekingAlpha
01/04 WisdomTree MidCap Dividend ETF (DON) December Summary
2016 WisdomTree MidCap Dividend ETF (DON) November Summary
2016 Microchip Technology increases guidance for FQ3
2016 9 DIVIDEND INCREASES : November 7-11, 2016
2016 Microchip Technology (MCHP) Q2 2017 Results - Earnings Call Transcript
Advertisement
Financials ($)
Sales 2017 3 421 M
EBIT 2017 1 009 M
Net income 2017 171 M
Debt 2017 1 962 M
Yield 2017 2,08%
P/E ratio 2017 83,35
P/E ratio 2018 25,97
EV / Sales 2017 4,80x
EV / Sales 2018 4,52x
Capitalization 14 458 M
More Financials
Chart MICROCHIP TECHNOLOGY INC.
Duration : Period :
Microchip Technology Inc. Technical Analysis Chart | MCHP | US5950171042 | 4-Traders
Full-screen chart
Technical analysis trends MICROCHIP TECHNOL...
Short TermMid-TermLong Term
TrendsBullishBullishBullish
Technical analysis
Income Statement Evolution
More Financials
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 16
Average target price 71,5 $
Spread / Average Target 6,8%
Consensus details
EPS Revisions
More Estimates Revisions
Managers
NameTitle
Steve Sanghi Chairman & Chief Executive Officer
Ganesh Moorthy President & Chief Operating Officer
J. Eric Bjornholt Chief Financial Officer & Vice President
Matthew W. Chapman Independent Director
L. B. Day Independent Director
More about the company
Sector and Competitors
1st jan.Capitalization (M$)
MICROCHIP TECHNOLOGY I..4.33%14 458
INTEL CORPORATION1.85%175 059
TAIWAN SEMICONDUCTOR M..--.--%149 008
BROADCOM LTD8.10%75 922
TEXAS INSTRUMENTS INCO..2.44%74 712
NVIDIA CORPORATION-2.56%55 645
More Results