ALISO VIEJO, Calif.--(BUSINESS WIRE)--Aug. 21, 2015--
Corp. (Nasdaq:QLGC), today announced that the board has appointed
Christine King as executive chairman and Jean Hu as acting CEO. King has
served as a member of the board of directors since 2013 and previously
served as president and CEO of Standard Microsystems Corporation and AMI
Semiconductor. Hu has served as senior vice president and chief
financial officer since 2011 and will continue in that role and retain
her CFO responsibilities while serving as acting CEO.
Prasad Rampalli has resigned his positions as president and chief
executive officer in order to pursue other opportunities.
“On behalf of the board, I would like to thank Prasad for his
contributions to QLogic. We wish Prasad well in his future endeavors,”
said Chris King, executive chairman, QLogic.
Jean and Chris will work together in reviewing the company’s business
opportunities and leading the company forward. The company reaffirms its
non-GAAP financial guidance for the second quarter of fiscal year 2016.
QLogic – the Ultimate in Performance
(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,
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Source: QLogic Corporation