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4-Traders Homepage  >  Equities  >  Nasdaq  >  QLogic Corporation    QLGC

Delayed Quote. Delayed  - 07/29 10:00:00 pm
15.52 USD   -0.58%
07/26 QLOGIC : beats 1Q profit forecasts
07/26 QLOGIC : Reports First Quarter Results for Fiscal 2017
07/13 CAVIUM, INC. : Commences Exchange Offer to Acquire QLogic Corporatio..
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QLOGIC : Names Jean Hu Senior Vice President and Chief Financial Officer

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04/25/2011 | 03:05pm CEST

QLogic Corp. (Nasdaq:QLGC), a leading supplier of high performance network infrastructure solutions, today announced the appointment of Jean Hu to the position of Senior Vice President and Chief Financial Officer, effective immediately.

Hu has over 18 years of financial and corporate development experience which includes her most recent position as Senior Vice President, Chief Financial Officer and Treasurer of Conexant Systems, a semiconductor communications systems solution company. Hu has been at Conexant and its predecessor company, Rockwell International, since 1997 and held various senior level executive positions in financial planning, strategy and corporate development.

"We are very pleased to have Jean join QLogic as our CFO. Having known her for over ten years, I am confident that along with her financial skills, she will bring a wealth of strategic and corporate development experience to our leadership team," said Simon Biddiscombe, President and Chief Executive Officer.

"I am very happy to join a company of QLogic's stature in the storage industry and look forward to participating in the company's future growth opportunities," said Hu. She will report directly to Biddiscombe in her new role.

Follow QLogic @ twitter.com/qlogic

About QLogic

QLogic (Nasdaq:QLGC) is a global leader and technology innovator in high performance networking, including adapters, switches and ASICs. Leading OEMs and channel partners worldwide rely on QLogic products for their data, storage and server networking solutions. For more information, visit www.qlogic.com.

Media Contact:
QLogic Corporation
Sonal Dave, 949-533-1655
sonal.dave@qlogic.com
or
Investor Contact:
QLogic Corporation
Doug Naylor, 949-389-7525
doug.naylor@qlogic.com


© Business Wire 2011
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Financials ($)
Sales 2017 476 M
EBIT 2017 104 M
Net income 2017 50,0 M
Finance 2017 368 M
Yield 2017 -
P/E ratio 2017 15,52
P/E ratio 2018 14,24
EV / Sales 2017 1,96x
EV / Sales 2018 1,83x
Capitalization 1 302 M
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Mean consensus HOLD
Number of Analysts 4
Average target price 14,5 $
Spread / Average Target -6,6%
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Managers
NameTitle
Jean Hu Chief Executive Officer & Chief Financial Officer
Christine King Executive Chairman
Carmelo Perez Senior Director-World Wide Operations
Greg Scherer Chief Technology Officer & Vice President
Balakrishnan S. Iyer Independent Non-Executive Director
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