Analysis

Waters appointed President, CEO at IDT

18th December 2013
IDT
Mick Elliott
0

Greg Waters has been named as the new President and Chief Executive Officer of Integrated Device Technology (IDT) has a new President and Chief Executive Officer. He takes up his new post on January 6 next year. Jeff McCreary, who has served as interim CEO since August 2013, will remain a member of the IDT board of directors.

Waters has a good record of delivering profitable and sustainable businesses. He previously was Executive Vice President and General Manager for Skyworks Solutions, where he led their Front End Solutions business to market leadership. Prior to Skyworks, he served in several executive positions at Agere Systems and was a key executive delivering their IPO. He is also a veteran of that university of the semiconductor industry, Texas Instruments, where he held a variety of management positions in sales, customer design centres, and business unit management.

“Greg is a proven semiconductor industry leader who has demonstrated his ability to successfully transform teams, products and businesses to achieve customer and shareholder value,” said John Schofield, Chairman of IDT’s board of directors. “We look forward to his doing the same again for IDT. His impressive knowledge and experience coupled with his ambitious drive for product execution is exactly what led us to appoint Greg.”

“I’m very honoured and excited to join the IDT team,” said Waters. “It is a great opportunity and an ideal time for IDT to build on its current market leadership positions and to excel in taking the lead in key growth markets. I look forward to working with the board of directors and our people to execute for our customers and shareholders. We’re going to become one of the industry’s great companies, led by the innovation of our products.”

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