Fairchild CFO resigns

Manufacturing News, Source : TheManufacturer.com
Published : 13 Oct 2005 16:13

Matthew W. Towse, senior vice president and chief financial officer for Fairchild Semiconductor, has tendered his resignation effective immediately.

Towse will remain with the company as an advisor until the end of the year to aid with the transition. No reason for his leaving the company was immediately available.

"Matt has been with the company in a number of financial roles for over 14 years, and the company recognizes Matt's dedication, commitment, and contributions to the company during this time. We wish Matt and his family all the best," said Dr. Mark Thompson, president and chief executive officer.

Robin A. Sawyer, vice president and corporate controller, and Stephen M. Cumming, vice president of business finance, will assume the duties of the CFO's office, with Robin serving as interim principal financial officer until a search for a new CFO is completed.

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