National Semiconductor CEO Halla Plans Retiring, Macleod Taking Over (NSM)
Sat. October 10, 2009; Posted: 11:47 AM
Oct 10, 2009 (SmarTrend(R) News Watch via COMTEX) --
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PowerRating -- 10/10/2009 - National Semiconductor Corp. (NYSE:NSM) said that CEO Brian Halla will retire from the position on November 30. He will keep the title as chairman. The current president and COO, Don Macleod, was named Halla's successor. Brian Hall commented that the position for Macleod is "strongly deserved" and said, "This is 'the house that Donnie built', and he deserves to be its chief executive. I'll stay on through the 'rainy season' to make sure there are no leaks in the roof." Halla plans to retire from the board at the end of the company's fiscal year 2010, which would be his fourteenth anniversary at National Semiconductor.
Write to Chip Brian at cbrian@tradethetrend.com
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