The company also announced the retirement of two long time directors. Paul Newhagen, one of the founders of the company and William Terry, who has served on the board since 1994, will retire at the end of their current terms and will not seek re-election at the shareholders' meeting on May 8, 2007.
"John brings to Altera three decades of experience and success in the high-tech industry and is also noted for his exceptional leadership style and values," said John Daane, Altera's president, CEO and chairman of the board. "I would also like to thank Paul and Bill for their years of dedication and for their significant contributions to the growth and success of the company."
Altera's programmable solutions enable system and semiconductor companies to rapidly and cost-effectively innovate, differentiate and win in their markets. Find out more at www.altera.com.
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MEDIA CONTACT INVESTOR CONTACT Anna del Rosario Scott Wylie Director - Corporate Vice President - Investor Communications Relations Altera Corporation Altera Corporation (408) 544-6397 (408) 544-6996 Email Contact Email Contact
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