Intersil Appoints Jonathan Kennedy Senior Vice President and Chief Financial Officer
MILPITAS, CA, April 22, 2009 – Intersil
Corporation (NASDAQ Global
Select: ISIL),
a world leader in the design and manufacture of high-performance analog and
mixed signal semiconductors, today announced the appointment of Jonathan Kennedy,
38, to the roles of Senior Vice President and Chief Financial Officer. Mr.
Kennedy has served as interim CFO since early December 2008.
“I am pleased to announce Jonathan’s promotion to the roles of
Senior Vice President and Chief Financial Officer,” said Dave Bell,
Intersil’s President and Chief Executive Officer. “Jonathan became
interim CFO during very challenging business conditions, and he has done an
excellent job during the last four months. I am very confident of Jonathan’s
ability to oversee Intersil’s finance organization as we grow our business
in the years to come.”
Mr. Kennedy joined Intersil in 2004 as Director of Finance, and has held the
position of Corporate Controller since 2005. Prior to joining Intersil, Mr.
Kennedy held management roles in Finance and IT with Alcon, Inc. and Harris
Corporation. He holds a Bachelor of Science degree in Business Administration
and a Master of Science degree in Accounting from the University of Central
Florida. Mr. Kennedy also is a Certified Public Accountant.
“During the last five years with Intersil, Jonathan has gained a solid
understanding of Intersil’s business. The depth and breadth of Jonathan’s
experience, combined with his extensive financial background, will be instrumental
in achieving Intersil’s financial goals,” concluded Bell.
About Intersil
Intersil Corporation is a leader in the design and manufacture of high-performance
analog and mixed signal semiconductors. Intersil’s products address
some of the industry's largest markets, such as flat panel displays, cell
phones, other handheld systems and notebooks. Intersil’s product families
address power management functions and analog signal processing functions.
Intersil products include ICs for battery management, hot-swap and hot-plug
controllers, linear regulators, power sequencers, supervisory ICs, bridge
drivers, PWM controllers, switching DC/DC regulators, Zilker Labs Digital
Power ICs and power MOSFET drivers, optical storage laser diode drivers, DSL
line drivers, D2Audio products, video and high-performance operational amplifiers,
high-speed data converters, interface ICs, analog switches and multiplexers,
crosspoint switches, voice-over-IP devices and ICs for military, space and
radiation-hardened applications. For more information about Intersil or to
find out how to become a member of our winning team, visit Intersil’s
web site and career page at www.intersil.com.
FORWARD-LOOKING
STATEMENTS
Intersil Corporation press releases and other related
comments may contain forward-looking statements as defined in Section 27A of
the Securities Act of 1933 and Section 21E of the Securities Exchange Act of
1934, in connection with the Private Securities Litigation Reform Act of 1995.
Such forward-looking statements are based upon Intersil's management's current
expectations, estimates, beliefs, assumptions and projections about Intersil's
business and industry. Words such as “anticipates,” “expects,” “intends,” “plans,” “predicts,” “believes,” “seeks,” “estimates,” “may,” “will,” “should,” “would,” “potential,” “continue,” “goals,” “targets” and
variations of these words (or negatives of these words) or similar expressions,
are intended to identify forward-looking statements. In addition, any statements
that refer to projections or other characterizations of future events or circumstances,
including any underlying assumptions, are forward-looking statements. These
forward-looking statements are not guarantees of future performance and are
subject to certain risks, uncertainties and assumptions that are difficult
to predict. Therefore, our actual results could differ materially and adversely
from those expressed in any forward-looking statements as a result of various
risk factors. Intersil does not adopt and is not responsible for any forward-looking
statements and projections made by others in this press release. Intersil's
Annual Report on Form 10-K, subsequent Quarterly Reports on Form 10-Q, recent
Current Reports on Form 8-K and other Intersil filings with the U.S. Securities
and Exchange Commission (which you may obtain for free at the SEC's web site
at http://www.sec.gov) discuss some of the
important risk factors that may affect our business, results of operations
and financial condition. These forward-looking statements are made only as
of the date of this communication and Intersil undertakes no obligation to
update or revise these forward-looking statements.
|
