Infineon Technologies announces resignation of CEO

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May 26th, 2008 Leave a comment Visited 22 times, 1 so far today

Infineon Technologies announces resignation of CEO

Infineon Technologies has revealed that their chief executive Wolfgang Ziebart has resigned from his position in the company.

The company said that Ziebart has resigned due to differences in opinion about the future of the company.

Infineon said that the resignation would be effective starting next month.

They have not announced a replacement for the CEO position yet.

The company is struggling and posted a loss of $2.2 billion in the first quarter of this year.





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