Spectra7 Announces Retirement of David Mier as Interim CFO; Ron Pasek Appointed as Interim CFO
Spectra7 Microsystems, a leader in high-performance analog semiconductors, announced leadership changes in its financial department. Dave Mier has retired from his position as Interim CFO, and Ron Pasek, the company's Board Chair, has been appointed as the new Interim CFO, effective immediately. The company is actively interviewing candidates to fill the CFO position permanently. Pasek brings experience as CFO of multiple public companies to the role.
Spectra7 Microsystems, leader nei semiconduttori analogici ad alte prestazioni, ha annunciato cambiamenti nella leadership del suo dipartimento finanziario. Dave Mier ha lasciato il suo incarico di CFO ad interim, e Ron Pasek, presidente del consiglio dell'azienda, è stato nominato nuovo CFO ad interim, con effetto immediato. L'azienda sta attivamente intervistando candidati per occupare permanentemente la posizione di CFO. Pasek porta con sé un'esperienza come CFO di diverse aziende pubbliche in questo ruolo.
Spectra7 Microsystems, un líder en semiconductores analógicos de alto rendimiento, anunció cambios en la dirección de su departamento financiero. Dave Mier se ha jubilado de su puesto como CFO interino, y Ron Pasek, presidente de la junta de la compañía, ha sido nombrado como el nuevo CFO interino, con efecto inmediato. La empresa está entrevistando activamente a candidatos para ocupar permanentemente el puesto de CFO. Pasek aporta experiencia como CFO de múltiples empresas públicas a este cargo.
Spectra7 Microsystems는 고성능 아날로그 반도체 분야의 선두주자로서 재무 부서의 리더십 변화를 발표했습니다. Dave Mier가 임시 CFO 직위에서 은퇴하였고, Ron Pasek 회사 이사회 의장이 즉각적으로 새로운 임시 CFO로 임명되었습니다. 회사는 CFO 직위를 영구적으로 채우기 위해 후보자를 적극적으로 인터뷰하고 있습니다. Pasek은 여러 상장 기업의 CFO로서의 경험을 이 역할에 가져옵니다.
Spectra7 Microsystems, un leader dans le domaine des semi-conducteurs analogiques haute performance, a annoncé des changements de direction au sein de son département financier. Dave Mier a pris sa retraite de son poste de CFO par intérim, et Ron Pasek, président du conseil d'administration de l'entreprise, a été nommé nouveau CFO par intérim, avec effet immédiat. L'entreprise mène activement des entretiens avec des candidats pour occuper définitivement le poste de CFO. Pasek apporte une expérience en tant que CFO de plusieurs entreprises publiques à ce rôle.
Spectra7 Microsystems, ein führendes Unternehmen im Bereich hochleistungsfähiger analoger Halbleiter, hat Änderungen in der Leitung seiner Finanzabteilung bekannt gegeben. Dave Mier ist aus seiner Position als Interim CFO zurückgetreten, und Ron Pasek, der Vorsitzende des Unternehmensvorstands, wurde mit sofortiger Wirkung als neuer Interim CFO ernannt. Das Unternehmen führt aktiv Vorstellungsgespräche mit Kandidaten, um die Position des CFO dauerhaft zu besetzen. Pasek bringt Erfahrung als CFO mehrerer börsennotierter Unternehmen in diese Rolle ein.
- Board Chair Ron Pasek, with public company CFO experience, ensures leadership continuity during transition
- Second interim CFO appointment indicates ongoing leadership instability in finance department
Mr. Pasek is a seasoned finance official, having been the Chief Financial Officer of multiple public companies. Spectra7 is currently interviewing to fill the Chief Financial Officer role on a permanent basis.
"I want to thank Dave for his leadership and contribution to the Company over the past year," said Omar Javaid, Chief Executive Officer of Spectra7. "We are fortunate that Ron has agreed to take on the role as Interim CFO while we complete the process of filling the role on a permanent basis."
ABOUT SPECTRA7 MICROSYSTEMS INC.
Spectra7 Microsystems Inc. is a leader in high-performance analog semiconductors for powering the AI revolution in broadband connectivity markets, hyperscale data centers, and Spatial Computing. Spectra7 is based in
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CAUTIONARY NOTES
Certain statements contained in this press release constitute "forward-looking statements". All statements other than statements of historical fact contained in this press release, including, without limitation, the Company's ability to hire a permanent Chief Financial Officer, the Company's strategy, plans, objectives, goals and targets, and any statements preceded by, followed by or that include the words "believe", "expect", "aim", "intend", "plan", "continue", "will", "may", "would", "anticipate", "estimate", "forecast", "predict", "project", "seek", "should" or similar expressions or the negative thereof, are forward-looking statements. These statements are not historical facts but instead represent only the Company's expectations, estimates and projections regarding future events. These statements are not guarantees of future performance and involve assumptions, risks and uncertainties that are difficult to predict. Therefore, actual results may differ materially from what is expressed, implied or forecasted in such forward-looking statements. Additional factors that could cause actual results, performance or achievements to differ materially include, but are not limited to, the risk factors discussed in the Company's management's discussion and analysis for the year ended December 31, 2023. Management provides forward-looking statements because it believes they provide useful information to investors when considering their investment objectives and cautions investors not to place undue reliance on forward-looking information. Consequently, all of the forward-looking statements made in this press release are qualified by these cautionary statements and other cautionary statements or factors contained herein, and there can be no assurance that the actual results or developments will be realized or, even if substantially realized, that they will have the expected consequences to, or effects on, the Company.
These forward-looking statements are made as of the date of this press release and the Company assumes no obligation to update or revise them to reflect subsequent information, events or circumstances or otherwise, except as required by law.
Spectra7 Microsystems Inc.
Ron Pasek
Interim Chief Financial Officer
408-710-6462
ir@spectra7.com
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SOURCE Spectra7 Microsystems Inc.
FAQ
Who is the new interim CFO of Spectra7 (SPVNF) as of December 13, 2024?
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