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Cirrus Logic Announces CFO Transition

BusinessWire_EN 
0 0 16.05.24
Cirrus Logic Announces CFO Transition
 

Cirrus Logic, Inc. (Nasdaq: CRUS) today announced the resignation of its Chief Financial Officer (CFO), Venk Nathamuni, effective May 24, 2024, to pursue an opportunity outside the semiconductor industry. To facilitate a seamless transition while a search is conducted for a new CFO, the Company’s Board of Directors has appointed Ulf Habermann, Principal Accounting Officer, as interim CFO effective upon Mr. Nathamuni’s departure. During Mr. Habermann’s 22-year career at Cirrus Logic, he has held various roles in the finance organization, including Controller, Treasurer, and Vice President of finance. Mr. Habermann will continue to serve as Principal Accounting Officer.

Cirrus Logic, Inc.

Cirrus Logic is a leader in low-power, high-precision mixed-signal processing solutions that create innovative user experiences for the world’s top mobile and consumer applications. With headquarters in Austin, Texas, Cirrus Logic is recognized globally for its award-winning corporate culture.

Cirrus Logic, Cirrus and the Cirrus Logic logo are registered trademarks of Cirrus Logic, Inc. All other company or product names noted herein may be trademarks of their respective holders.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240516373534/en/

Cirrus Logic Inc. Stock

€114.00
11.320%
A very strong showing by Cirrus Logic Inc. today, with an increase of €12.00 (11.320%) compared to yesterday's price.
Cirrus Logic Inc. is currently one of the favorites of our community with 20 Buy predictions and no Sell predictions.
However, we have a potential of -2.63% for Cirrus Logic Inc. as the target price of 111 € is below the current price of 114.0 €.
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