Analysis
AnalogicTech Announces Management Change
Advanced Analogic Technologies today announced that Brian McDonald has resigned from his position as Vice President of Worldwide Finance, Chief Financial Officer, and Secretary to pursue other interests. Ashok Chandran, 51, who has been with the company for more than six years, most recently as Vice President and Chief Accounting Officer, will become interim Chief Financial Officer, effective immediately.
AnalI want to thank Brian for his many contributions among which was building a world class finance team that earned AnalogicTech recognition by Forbes as one of the most trustworthy companies, stated Richard K. Williams, President, CEO and CTO of AnalogicTech. Most recently, Brian architected and deployed a cost reduction roadmap consistent with our diversification strategy that has better positioned the company to return to sustained profitability without sacrificing growth or product innovation. We wish him well in his future endeavors.
I am confident that Ashok, as a veteran of AnalogicTech, has the experience and understanding of our business to ensure a smooth transition, concluded Mr. Williams.
Mr. Chandran's prior experience includes serving in senior financial roles at JDS Uniphase from 1999 to 2004. Additionally, he held finance positions at LSI Logic Corporation from 1996 to 1999 and National Semiconductor Corporation from 1983 to 1995. Mr. Chandran holds a Master of Business Administration degree from Duke University in Durham, NC and a bachelor's degree in mechanical engineering with honors from Monash University in Melbourne, Australia.