NXP Semiconductors Names Bill Betz as Executive Vice President and Chief Financial Officer
October 12 2021 - 4:15PM
NXP Semiconductors N.V. (NASDAQ: NXPI) announced today that Bill
Betz has been named NXP’s Executive Vice President and Chief
Financial Officer, effective immediately. Betz, formerly Senior
Vice President, Business Finance for NXP, replaces Peter Kelly, who
– as announced this February – has decided to retire from NXP. Betz
will report directly to NXP President and Chief Executive Officer
Kurt Sievers.
“We are excited to have Bill join the NXP Management Team as
CFO,” said Kurt Sievers, NXP President and CEO. “His experience,
deep understanding of NXP’s business model, and the partnerships he
has built with our business leaders will enable us to achieve our
strategic growth and profitability goals.”
“I would also like to thank Peter Kelly for his dedication and
contributions to NXP, and wish him well as he enters retirement
after more than 40 years in the technology industry,” Sievers
added.
About Bill BetzMost recently, Bill was Senior
Vice President, Business Planning & Analytics and Finance
Business Group Controller for NXP’s business lines and shared
service centers, and led the corporate financial planning,
analysis, and business intelligence teams. Prior to joining NXP in
2013, he held finance leadership roles at Fairchild Semiconductor,
LSI Corporation and Agere Systems.
Bill holds a Master of Business Administration from the
University of Chicago Booth School of Business and a Bachelor of
Science in Business Administration from West Virginia
University.
About NXP SemiconductorsNXP Semiconductors N.V.
enables secure connections for a smarter world, advancing solutions
that make lives easier, better, and safer. As the world leader in
secure connectivity solutions for embedded applications, NXP is
driving innovation in the automotive, industrial & IoT, mobile,
and communication infrastructure markets. Built on more than 60
years of combined experience and expertise, the company has
approximately 29,000 employees in more than 30 countries and posted
revenue of $8.61 billion in 2020. Find out more at www.nxp.com.
For further
information, please contact: |
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Investors: |
Media: |
Jeff Palmer |
Jacey Zuniga |
jeff.palmer@nxp.com |
jacey.zuniga@nxp.com |
+1 408 518 5411 |
+1 512 895 7398 |
NXP-CORP
A photo accompanying this announcement is available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/940c93cf-5423-4559-b834-226dcd3596d6
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