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Jeff Woolard Named Cirrus Logic Chief Financial Officer

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Cirrus Logic (NASDAQ: CRUS) has appointed Jeff Woolard as chief financial officer, effective February 24, 2025. Woolard brings over 30 years of technology industry experience, with expertise in corporate finance, strategy, M&A, and business optimization. He joins from Velocity Global, where he served as CFO since September 2023. Previously, he held CFO positions at Solidigm and spent 25 years at Intel in senior finance roles, helping complete over $60B in M&A transactions.

Woolard has served on the Board of Directors for McAfee Corp. and Care Innovations. He holds an MBA from the University of Washington and a BS in Finance from Arizona State University. He succeeds Ulf Habermann, who served as interim CFO and will continue as Principal Accounting Officer, Treasurer, and Senior Vice President of Finance.

Cirrus Logic (NASDAQ: CRUS) ha nominato Jeff Woolard come chief financial officer, con effetto dal 24 febbraio 2025. Woolard porta con sé oltre 30 anni di esperienza nel settore tecnologico, con competenze in finanza aziendale, strategia, fusioni e acquisizioni (M&A) e ottimizzazione aziendale. Proviene da Velocity Global, dove ha ricoperto il ruolo di CFO dal settembre 2023. In precedenza, ha ricoperto posizioni di CFO presso Solidigm e ha trascorso 25 anni in Intel in ruoli finanziari senior, contribuendo al completamento di oltre 60 miliardi di dollari in transazioni M&A.

Woolard ha fatto parte del Consiglio di Amministrazione di McAfee Corp. e Care Innovations. Ha conseguito un MBA presso l'Università di Washington e una laurea in Finanza presso l'Arizona State University. Prende il posto di Ulf Habermann, che ha ricoperto il ruolo di CFO ad interim e continuerà a lavorare come Principal Accounting Officer, Tesoriere e Vice Presidente Senior della Finanza.

Cirrus Logic (NASDAQ: CRUS) ha nombrado a Jeff Woolard como director financiero, efectivo a partir del 24 de febrero de 2025. Woolard aporta más de 30 años de experiencia en la industria tecnológica, con expertise en finanzas corporativas, estrategia, fusiones y adquisiciones (M&A) y optimización empresarial. Se une a la empresa desde Velocity Global, donde se desempeñó como CFO desde septiembre de 2023. Anteriormente, ocupó cargos de CFO en Solidigm y pasó 25 años en Intel en roles financieros senior, ayudando a completar más de 60 mil millones de dólares en transacciones de M&A.

Woolard ha servido en la Junta Directiva de McAfee Corp. y Care Innovations. Posee un MBA de la Universidad de Washington y una licenciatura en Finanzas de la Universidad Estatal de Arizona. Sucede a Ulf Habermann, quien se desempeñó como CFO interino y continuará como Principal Accounting Officer, Tesorero y Vicepresidente Senior de Finanzas.

Cirrus Logic (NASDAQ: CRUS)Jeff Woolard를 최고 재무 책임자(CFO)로 임명했습니다. 발효일은 2025년 2월 24일입니다. Woolard는 30년 이상의 기술 산업 경험을 보유하고 있으며, 기업 재무, 전략, 인수 합병(M&A), 비즈니스 최적화 분야의 전문성을 가지고 있습니다. 그는 2023년 9월부터 CFO로 재직 중인 Velocity Global에서 합류합니다. 이전에는 Solidigm에서 CFO로 재직했으며, Intel에서 25년 동안 선임 재무 역할을 수행하며 600억 달러 이상의 M&A 거래를 완료하는 데 기여했습니다.

Woolard는 McAfee Corp.와 Care Innovations의 이사회에서도 활동했습니다. 그는 워싱턴 대학교에서 MBA를 취득했으며, 애리조나 주립대학에서 금융 학사 학위를 취득했습니다. 그는 임시 CFO로 재직했던 Ulf Habermann의 뒤를 이어 Principal Accounting Officer, 재무 담당 테스라와 시니어 부사장으로 계속 근무하게 됩니다.

Cirrus Logic (NASDAQ: CRUS) a nommé Jeff Woolard en tant que directeur financier, à compter du 24 février 2025. Woolard apporte plus de 30 ans d'expérience dans l'industrie technologique, avec une expertise en finance d'entreprise, stratégie, fusions et acquisitions (M&A), et optimisation des affaires. Il rejoint l'entreprise après avoir été CFO chez Velocity Global depuis septembre 2023. Auparavant, il a occupé des postes de CFO chez Solidigm et a passé 25 ans chez Intel dans des rôles financiers de haut niveau, contribuant à plus de 60 milliards de dollars d'opérations de M&A.

Woolard a siégé au conseil d'administration de McAfee Corp. et Care Innovations. Il détient un MBA de l'Université de Washington et un baccalauréat en finance de l'Université d'État de l'Arizona. Il succède à Ulf Habermann, qui a exercé la fonction de CFO par intérim et continuera en tant que Principal Accounting Officer, trésorier et vice-président senior des finances.

Cirrus Logic (NASDAQ: CRUS) hat Jeff Woolard zum Chief Financial Officer ernannt, mit Wirkung zum 24. Februar 2025. Woolard bringt über 30 Jahre Erfahrung in der Technologiebranche mit und verfügt über Fachkenntnisse in den Bereichen Unternehmensfinanzierung, Strategie, M&A und Geschäftsentwicklung. Er wechselt von Velocity Global, wo er seit September 2023 als CFO tätig war. Zuvor hatte er CFO-Positionen bei Solidigm inne und verbrachte 25 Jahre bei Intel in leitenden Finanzfunktionen, wo er über 60 Milliarden Dollar in M&A-Transaktionen belangen konnte.

Woolard hat im Board of Directors von McAfee Corp. und Care Innovations gedient. Er hat einen MBA von der University of Washington und einen Bachelorabschluss in Finance von der Arizona State University. Er tritt die Nachfolge von Ulf Habermann an, der als Interims-CFO fungierte und weiterhin als Principal Accounting Officer, Schatzmeister und Senior Vice President of Finance tätig sein wird.

Positive
  • Appointment of seasoned CFO with 30+ years of technology industry experience
  • New CFO brings extensive M&A expertise, having completed over $60B in transactions at Intel
  • Strategic addition to support company's expansion into new markets
Negative
  • None.

AUSTIN, Texas--(BUSINESS WIRE)-- Cirrus Logic, Inc. (NASDAQ: CRUS) today announced the appointment of Jeff Woolard as chief financial officer, effective February 24, 2025. Jeff has more than 30 years of experience in the technology industry with extensive knowledge of corporate finance and strategy, M&A, new business incubation and business optimization. He has also served on the Board of Directors for McAfee Corp., a computer security software company, and Care Innovations, a private company focused on technology-based healthcare.

“Jeff brings an exceptional depth of industry experience, combined with a proven track record in finance, strategy, and M&A. His leadership will be instrumental as we navigate the next phase of growth,” said John Forsyth, President and CEO of Cirrus Logic. “I’m excited to collaborate with Jeff as we strengthen our position in our core business and accelerate our expansion into new markets, leveraging his strategic vision and financial acumen to drive long-term success.”

“I am thrilled to join Cirrus Logic and contribute to its long legacy of innovation and success. Together with the talented team, I look forward to driving financial strategies that foster sustainable growth, create value for stakeholders, and support our vision for the future,” said Jeff Woolard.

Jeff joins Cirrus Logic from Velocity Global, a private company that provides a global workforce platform and related services, where he served as their chief financial officer from September of 2023. In this role, he was responsible for the overall financial execution, strategic planning and for creating a financial growth strategy for the company. Previously he held the position of CFO of Solidigm, an Intel spin-off flash memory company where he was responsible for establishing the finance organization. Jeff spent twenty-five years at Intel in various senior finance roles including Corporate Vice President and CFO of Intel Manufacturing and Technology and Intel Capital CFO for venture investing, M&A, and new business development. While at Intel he helped complete over $60B in M&A transactions. Jeff received an MBA from the University of Washington and a Bachelor of Science degree in Finance from Arizona State University.

Forsyth added: “I would like to thank Ulf Habermann for his leadership in serving as our interim chief financial officer as we conducted our search. Ulf is a huge asset to the Cirrus Logic team and will continue to be instrumental to our success in his role as Principal Accounting Officer, Treasurer, and Senior Vice President of Finance.”

About 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.

Media Contact:

Julia Betts

Director, Communications & Employee Experience

Cirrus Logic, Inc.

(512) 851-4174

julia.betts@cirrus.com

Source: Cirrus Logic, Inc.

FAQ

When will Jeff Woolard start as CFO of Cirrus Logic (CRUS)?

Jeff Woolard will begin his role as CFO of Cirrus Logic on February 24, 2025.

What is Jeff Woolard's experience before joining Cirrus Logic (CRUS)?

Before joining CRUS, Woolard was CFO at Velocity Global, CFO at Solidigm, and spent 25 years at Intel in senior finance roles, including Corporate VP and CFO of Intel Manufacturing and Technology.

How much M&A transaction experience does CRUS's new CFO have?

During his time at Intel, Jeff Woolard helped complete over $60 billion in M&A transactions.

Who did Jeff Woolard replace as CFO at Cirrus Logic (CRUS)?

Woolard replaced Ulf Habermann, who served as interim CFO. Habermann will continue as Principal Accounting Officer, Treasurer, and Senior VP of Finance.

What are the strategic goals for CRUS's new CFO appointment?

The appointment aims to strengthen Cirrus Logic's core business position and accelerate expansion into new markets through strategic financial leadership.

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