- News
18 November 2014
GigOptix appoints chief financial officer
GigOptix Inc of San Jose, CA, USA (a fabless supplier of analog semiconductor and optical communications components for fiber-optic and wireless networks) has appointed Darren Ma as VP & chief financial officer. Ma replaces Curt Sacks, who has left the company to pursue other interests.
“He is the perfect partner to assume the CFO position at GigOptix as the company moves to the next phase of its growth and scalability,” comments chairman & CEO Dr Avi Katz. “I am very impressed with Darren’s leadership, business acumen, financial expertise and understanding of the semiconductor high-speed communication industry, and I’m confident that his appointment to the CFO role will provide GigOptix with solid financial leadership,” he adds.
Katz thanks Sacks for “important contributions he made since joining GigOptix through the Endwave acquisition in 2011… He leaves GigOptix in a much stronger financial position”.
Ma has more than a decade of financial management and leadership experience in the semiconductor industry. Prior to joining GigOptix, Ma worked in roles of increasing responsibility at Semtech, most recently as controller, where he led the financial performance for the Power Management and High Reliability and Systems Innovation business units. Prior to Semtech, Ma served in finance roles at Intel, where he began his career, and senior finance and financial planning and analysis positions at Fisher Investments.
Ma has a Bachelor’s degree in Managerial Economics, graduating with honors, from the University of California, Davis. He also received his Masters of Business Administration from Arizona State University.
GigOptix’s revenue rises 6% in Q3, driven by telecoms growth of 49%