Lattice Semiconductor Announces Resignation of CEO Effective September 4; Appoints Christopher Fanning as Interim CEO

HILLSBORO, OR -- (MARKET WIRE) -- Aug 06, 2010 -- Lattice Semiconductor (NASDAQ: LSCC) today announced that Bruno Guilmart has resigned as President and CEO effective September 4, 2010 to pursue other opportunities. Mr. Guilmart is also resigning as a director and tendered his resignation on August 5, 2010. The Board has appointed Christopher M. Fanning as interim Chief Executive Officer, also effective September 4, 2010. Mr. Fanning currently serves as Lattice's Corporate Vice President and General Manager, Low Density & Mixed Signal Solutions. The Company intends to undertake a formal search for a new CEO.

Patrick S. Jones, Chairman of the Board of Directors, said, "Bruno has been instrumental in Lattice's return to profitability and we wish him well in his future endeavors. We are grateful to him for his efforts and success at helping Lattice better realize the Company's potential. The Board is confident moving forward under the leadership of Chris Fanning, a proven Lattice executive respected by his peers and our customers, and one of the key executives driving our successful turnaround. We remain focused and in a strong competitive position given the Company's world-class organization, momentum with customers, targeted product families, and product roadmap."

Christopher Fanning joined Lattice in 1997 and was promoted to Corporate Vice President and General Manager, Low Density & Mixed Signal Solutions in 2008. Previously, he managed Lattice's software, intellectual property, and technical support businesses as Corporate Vice President, Enterprise Solutions. He has also served as Vice President of Strategic Planning where he focused on Sales, Marketing, and M&A related matters. He holds an AB and MS in Computer Science from Boston College and Worcester Polytechnic Institute, respectively, and an MBA from The University of Chicago's Graduate School of Business. Prior to joining Lattice, Mr. Fanning was employed at The Boston Consulting Group, a leading international management consulting firm.

No conference call will be held in conjunction with this update.

About Lattice Semiconductor:

Lattice is the source for innovative FPGA, PLD, programmable Power Management and Clock Management solutions. For more information, visit www.latticesemi.com.

Lattice Semiconductor Corporation, Lattice (& design) and L (& design) are either registered trademarks or trademarks of Lattice Semiconductor Corporation or its subsidiaries in the United States and/or other countries.

For more information contact:
Michael G. Potter
Chief Financial Officer 
Lattice Semiconductor Corporation
503-268-8000

David Pasquale
Global IR Partners
914-337-8801

Email Contact 





Review Article Be the first to review this article

EMA:

Featured Video
Editorial
Peggy AycinenaWhat Would Joe Do?
by Peggy Aycinena
Retail Therapy: Jump starting Black Friday
Peggy AycinenaIP Showcase
by Peggy Aycinena
REUSE 2016: Addressing the Four Freedoms
More Editorial  
Jobs
AE-APPS SUPPORT/TMM for EDA Careers at San Jose-SOCAL-AZ, CA
FAE FIELD APPLICATIONS SAN DIEGO for EDA Careers at San Diego, CA
Manager, Field Applications Engineering for Real Intent at Sunnyvale, CA
Development Engineer-WEB SKILLS +++ for EDA Careers at North Valley, CA
Upcoming Events
Zuken Innovation World 2017, April 24 - 26, 2017, Hilton Head Marriott Resort & Spa in Hilton Head Island, SC at Hilton Head Marriott Resort & Spa Hilton Head Island NC - Apr 24 - 26, 2017
CST Webinar Series



Internet Business Systems © 2016 Internet Business Systems, Inc.
595 Millich Dr., Suite 216, Campbell, CA 95008
+1 (408)-337-6870 — Contact Us, or visit our other sites:
AECCafe - Architectural Design and Engineering TechJobsCafe - Technical Jobs and Resumes GISCafe - Geographical Information Services  MCADCafe - Mechanical Design and Engineering ShareCG - Share Computer Graphic (CG) Animation, 3D Art and 3D Models
  Privacy Policy