Cypress Semi names Hassane El-Khoury CEO, replacing T.J. Rodgers

Cypress Semiconductor on Thursday named Hassane El-Khoury as its new president and chief  executive, replacing the company’s founder, and so far only CEO, T.J. Rodgers.

El-Khoury also was named as a member of the semiconductor company’s board of directors. Current board Chairman Ray Bingham will become Cypress’ executive chairman, but according to a Cypress statement, he will maintain “a day-to-day role” with the company, focusing on meeting with customers and investment opportunities.

El-Khoury is a nine-year veteran of Cypress, and helped shepherd the company’s acquisition of chipmaker Spansion in 2015 and this year’s purchase of Broadcom’s internet of things operations.

The executive change at Cypress wasn’t a complete surprise. In April, Rodgers, who founded Cypress in 1982 and had served as its CEO since, said he planned to step down because, at 68 years old, he didn’t want to spend “the last decade of my career immersed in the details of the (company’s) operations.”

Photo: Cypress’ new CEO Hassane El-Khoury (Courtesy: Cypress Semiconductor)

 

 

 

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