Synaptics Names Dean Butler as New Chief Financial Officer
October 10 2019 - 4:01PM
Synaptics Incorporated (NASDAQ: SYNA), the leading developer of
human interface solutions, today announced the appointment of Dean
Butler as its new Chief Financial Officer (CFO), to be effective on
October 21, 2019. Mr. Butler is a seasoned financial executive who
most recently served as VP of Finance at Marvell where he played a
significant role in the company’s transformation. Mr. Butler also
held key financial positions at Broadcom and Maxim Integrated and
brings an extensive background in corporate finance, treasury,
financial planning and analysis, tax, investor relations, strategic
planning and risk management.
Effective October 21, 2019, Kermit Nolan has resigned his role
as interim Chief Financial Officer and will resume his previous
role as Corporate Vice President and Chief Accounting Officer.
“After a comprehensive search, we selected Dean because of his
broad experience in financial operations and his demonstrated
skills in driving corporate transformation,” said Michael Hurlston,
president and CEO of Synaptics. “I personally worked with Dean
while at Broadcom, and I am excited to have him join us, bringing
his very relevant skillset to bear as he helps guide the Company
through our own makeover. In addition, I would like to thank Kermit
for his outstanding work during his tenure as interim CFO.”
“I am honored and very excited to be given the opportunity to
join Synaptics, and believe I can help the Company on its journey
towards expanded gross margins and help drive an increasingly
differentiated product portfolio,” added Dean Butler. “Synaptics is
an innovative global leader, and I’m looking forward to leveraging
my experience in driving financial operations to enhance
efficiencies and increase shareholder value.”
About Synaptics Incorporated: Synaptics is the
pioneer and leader of the human interface revolution, bringing
innovative and intuitive user experiences to intelligent devices.
Synaptics’ broad portfolio of touch, display, biometrics, voice,
audio, and multimedia products is built on the company’s rich
R&D, extensive IP and dependable supply chain capabilities.
With solutions designed for mobile, PC, smart home, and automotive
industries, Synaptics combines ease of use, functionality and
aesthetics to enable products that help make our digital lives more
productive, secure and enjoyable. (NASDAQ: SYNA)
www.synaptics.com
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www.synaptics.com
Forward-Looking Statements: This press release
contains forward-looking statements that are subject to the safe
harbors created under the Securities Act of 1933, as amended, and
the Securities Exchange Act of 1934, as amended.
Forward-looking statements give our current expectations and
projections relating to our financial condition, results of
operations, plans, objectives, future performance and business, and
can be identified by the fact that they do not relate strictly to
historical or current facts. Such forward-looking statements may
include words such as “expect,” “anticipate,” “intend,” “believe,”
“estimate,” “plan,” “target,” “strategy,” “continue,” “may,”
“will,” “should,” variations of such words, or other words and
terms of similar meaning. All forward-looking statements reflect
our best judgment and are based on several factors relating to our
operations and business environment, all of which are difficult to
predict and many of which are beyond our control. Such factors
include, but are not limited to, the risks as identified in the
“Risk Factors,” “Management’s Discussion and Analysis of Financial
Condition and Results of Operations” and “Business” sections of our
Annual Report on Form 10-K for the fiscal year ended June 29, 2019,
and other risks as identified from time to time in our Securities
and Exchange Commission reports. Forward-looking statements are
based on information available to us on the date hereof, and we do
not have, and expressly disclaim, any obligation to publicly
release any updates or any changes in our expectations, or any
change in events, conditions, or circumstances on which any
forward-looking statement is based. Our actual results and the
timing of certain events could differ materially from the
forward-looking statements. These forward-looking statements do not
reflect the potential impact of any mergers, acquisitions, or other
business combinations that had not been completed as of the date of
this release.
For more information contact:
Investor Relations Jason Tsai jason.tsai@synaptics.com
Public Relations David Hurd david.hurd@synaptics.com
A photo accompanying this announcement is available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/71b39e17-039e-4705-b40f-a2cab3e8c460
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