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Outbyte PC Repair FREERepair Windows errors before they cause bigger problemsFix Now →Outbyte Driver Updater FREEScan for outdated or missing drivers - takes under a minuteDriver Scan →Douglas Mitchell became Simtek Corporation’s president and chief executive officer effective January 1, 1998. The company also appointed him to its board of directors. Founder Richard Petritz remained chairman and chief financial officer, with a focus on long-range planning and dealings with the financial community.
Who became Simtek’s CEO, and when?
Simtek announced Mitchell’s appointment on January 12, 1998. EDN published the personnel announcement on January 14, datelined Colorado Springs, Colorado. The appointment took effect on January 1, 1998. EDN’s announcement also said Mitchell would join the company’s board.
What changed for founder Richard Petritz?
Petritz, Simtek’s founder, retained the roles of chairman of the board and chief financial officer. The announcement said he would concentrate on long-range planning and direct dealings with the financial community. The reported arrangement therefore separated the incoming CEO’s leadership role from Petritz’s continuing board and finance responsibilities.
What was Mitchell’s background?
At Simtek
Mitchell joined Simtek in July 1997 as chief operating officer, reporting to Petritz. His appointment as president and CEO followed about six months later.
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Before Simtek
Before joining Simtek, Mitchell held senior management positions at Array Microsystems, SGS-Thomson Microelectronics, Inmos, Motorola, and Texas Instruments. The announcement does not specify his titles or dates at those companies.
Independent reader supportYour contribution helps us test, update, and keep practical guides available for everyone.What the announcement establishes
The January 1998 item reports an executive appointment and a division of responsibilities; it does not give a reason for the change, describe Simtek’s financial condition, or include a direct quotation from Mitchell or Petritz. Its stated facts are Mitchell’s effective date, board appointment and prior roles, along with Petritz’s retained positions and stated focus.
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