Carmel Vernia to Step Down as Chairman and CEO of Tower Semiconductor Board

MIGDAL HAEMEK, Israel—(BUSINESS WIRE)—Feb. 4, 2005— Tower Semiconductor Ltd. (NASDAQ: TSEM; TASE:TSEM), a pure-play independent wafer foundry, today announced that Carmel Vernia, its chairman of the board and CEO, notified the board of directors that he wishes to step down from his positions in order to pursue other interests.

Mr. Vernia agreed to stay in his current positions while the board appoints his replacements to ensure a smooth transition. Mr. Vernia will continue to serve on the board of directors of Tower after stepping down as chairman and CEO.

About Tower Semiconductor Ltd.

Tower Semiconductor LTD. is a pure-play independent wafer foundry established in 1993. The company manufactures integrated circuits with geometries ranging from 1.0 to 0.13 micron; it also provides complementary technical services and design support. In addition to digital CMOS process technology, Tower offers advanced non-volatile memory solutions, mixed-signal and CMOS image-sensor technologies. To provide world-class customer service, the company maintains two manufacturing facilities: Fab 1 has process technologies from 1.0 to 0.35 micron and can produce up to 16,000 150mm wafers per month. Fab 2 features 0.18 micron and below process technologies, including foundry-standard technology. When fully equipped, Fab 2 is expected to offer full production capacity of 33,000 200mm wafers per month. Tower's Web site is located at www.towersemi.com.



Contact:
Tower Semiconductor USA
Michael Axelrod, 1-408-330-6871

Email Contact
or
Pacifico Inc.
PR Agency Contact
Mary Curtis, 1-408-293-8600

Email Contact
or
Fusion IR & Communications
Investor Relations Contact
Sheldon Lutch, 1-212-268-1816

Email Contact



Review Article Be the first to review this article
Aldec

Downstream : Solutuions for Post processing PCB Designs

Featured Video
Jobs
Senior Electrical Engineer for Allen & Shariff Corporation at Pittsburgh, Pennsylvania
Upcoming Events
Methodics User Group Meeting at Maxim Integrated 160 Rio Robles San Jose CA - Jun 5 - 6, 2018
2018 FLEX Korea at Room 402/ 403, COEX Seoul Korea (South) - Jun 20 - 21, 2018
IEEE 5G World FOrum at 5101 Great America Parkway Santa Clara CA - Jul 9 - 11, 2018
SEMICON West 2018 at Moscone Center North, Room 24-25, 730 Howard St, San Francisco, CA 94103, USA San Francisco CA - Jul 11 - 12, 2018
TrueCircuits: IoTPLL
DAC2018



Internet Business Systems © 2018 Internet Business Systems, Inc.
25 North 14th Steet, Suite 710, San Jose, CA 95112
+1 (408) 882-6554 — 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 PolicyAdvertise