LOWELL, Mass., Sept. 6, 2012 (GLOBE NEWSWIRE) -- M/A-COM Technology Solutions Holdings, Inc. (Nasdaq:MTSI) ("M/A-COM Tech"), a leading supplier of high performance analog semiconductor solutions, today announced that John R. Croteau will be joining M/A-COM Tech as its President, effective October 1, 2012, and will be reporting to Mr. Charles R. Bland, its CEO. As President, Mr. Croteau will assume responsibility for world-wide sales, operations, R&D, marketing and business unit management.
Mr. Croteau, 51, joins M/A-COM Tech with nearly 30 years of global semiconductor experience in various operational and management positions. Most recently, he served as senior vice president and general manager of the High Performance RF Business of NXP Semiconductors N.V. (Nasdaq:NXPI), a $300 million portfolio of business lines spanning small signal and power RF devices for wireless infrastructure, ISM and aerospace and defense markets. During his four year leadership of this business unit, its quarterly revenue run rate increased by over 60%. For three of those years, Mr. Croteau also served as senior vice president and general manager of NXP's Power & Lighting business line. Prior to joining NXP, Mr. Croteau held numerous product management positions at Analog Devices, Inc., as general manager and product line director for the company's Convergent Platforms and Services Group as well as the Integrated Audio Group and Computer Segment. Mr.Croteau holds a Bachelor of Science in Engineering Science and Mechanics at Penn State University.
M/A-COM Technology Solutions Chairman John Ocampo, commented, "John Croteau's appointment as President of M/A-COM Tech further affirms our company's commitment and ability to attract and recruit top-level executive talent to further improve the execution capability of the company. I believe John's extensive experience in the industry and strong track record of success in growing semiconductor businesses will greatly assist M/A-COM Tech in achieving its objectives and increasing shareholder value."
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts