MACOM appoints board member Daly as president & CEO, succeeding John Croteau

MACOM Technology Solutions Holdings Inc of Lowell, MA, USA (which makes semiconductors, components and subassemblies for RF, microwave, millimeter-wave and lightwave applications) has appointed Stephen G. Daly (who has over 25 years of experience in the semiconductor industry) as president & CEO, succeeding John Croteau, who resigned on 15 May.

Croteau had served as president & CEO since December 2012, and will act in an advisory capacity for the next two months to ensure a smooth transition. “We thank John for his leadership for the past six and a half years and his commitment to MACOM’s customers, employees and investors,” comments John Ocampo, chairman of the board.

Prior to joining MACOM’s board of directors in March 2015, Daly served for almost ten years as chairman, president & CEO of Hittite Microwave Corp of Chelmsford, MA (a provider of analog and mixed-signal integrated circuits, modules and subsystems for commercial and military radio frequency, microwave and millimeterwave applications, acquired in 2014 by Analog Devices Inc of Norwood, MA). Daly’s 17-year career at Hittite included leading its initial public offering in 2005 and establishing it as an innovative designer of high-performance semiconductor products that generated industry-leading profitability.

“I look forward to meeting our worldwide employees, partners, customers, suppliers and shareholders in the days and weeks ahead,” says Daly.

Tags: M/A-COM

Visit: www.macom.com