MIPS Finance Chief Moving On

MIPS Technologies (MIPS Quote) said finance chief Casey Eichler will leave in the middle of the first quarter.

The Mountain View, Calif., chip company said Eichler joined MIPS in May of 1998.

"Casey has made key contributions to MIPS Technologies in his lengthy tenure, and I have valued his advice and counsel," said CEO John Bourgoin. "All of us at MIPS Technologies wish him well in the next phase of his career. Casey will be working with me during this period to transition to new leadership."

"I will have been at MIPS Technologies for nearly 8 years and I've enjoyed the opportunity to participate in helping establish MIPS Technologies as a key IP provider in some of the fastest growing embedded markets," said Eichler. "I look forward to continuing to work with John and the team over the next few months and then watching the company's growth and success in the future."

MIPS fell 5 cents to $5.71.