Phoenix, AZ -- August 24, 1999 - ON Semiconductor, the world's leading supplier of analog, logic and discrete components, announced today it had elected Curtis J. Crawford as the company's Chairman of the Board, effective immediately.
Crawford currently serves as Chairman of the Board, President and Chief Executive Officer of ZiLOG, and will continue to serve in that capacity. Both ON and Zilog are majority owned by Texas Pacific Group, a private investment partnership.
"Curt is an exceptionally well-respected leader in the electronics industry," said Steve Hanson, member of the Board and President of ON Semiconductor. " We are very excited to know that he will bring his visionary leadership skills to the position of Chairman of the Board of ON Semiconductor."
"I look forward to assuming the chairmanship of ON Semiconductor," Crawford said. "As a stand-alone organization with the number one position in its market, this company is poised to achieve significant success in the worldwide semiconductor marketplace."
Crawford joined ZiLOG as President and Chief Executive Officer in March of 1998 and was elected as Chairman of the Board in May of 1999. During that time ZiLOG has experienced four sequential quarters of revenue growth and five sequential quarters of EBITDA growth.
From 1996 until his appointment at ZiLOG, Crawford served as President of Lucent Technologies Microelectronics Group, a business unit of Lucent Technologies. Under his leadership, the business designed, manufactured, and sold semiconductors and electronic components worldwide for applications in telecommunications, networked computing, multimedia, wireless and consumer electronics. Prior to the formation of Lucent, Crawford was President of AT&T Microelectronics.
Fifteen years at International Business Machines preceded Crawford's tenure with AT&T. He began his career at IBM in 1973 as a systems engineer and through the years held a variety of sales, marketing and executive management positions. In his last IBM position, Vice President of Marketing, Crawford pioneered new distribution channels for IBM's PC's. His efforts helped their National Distribution Division produce annual revenues in excess of $4.5 billion.
A graduate of Governors State University in University Park, Illinois, Crawford received a Bachelor of Arts degree in Business Administration and Computer Science in 1972 and a Master of Arts degree in Marketing in 1974. In 1977, he received a Master of Business Administration degree from the Charles H. Kellstadt Graduate School of Business at DePaul University. Crawford received his Doctor of Philosophy Degree in Organization and Management from the Graduate School of Capella University in July of 1999.
Crawford is also a member of the Board of Directors for ITT Industries, Inc. and E. I. Du Pont de Nemours and Company. Crawford previously served as a member of the board of the Semiconductor Industry Association.
About ON Semiconductor
ON Semiconductor, formerly a division of Motorola, is the world's leading supplier of analog, logic and discrete semiconductor components with a portfolio of over 17,000 products and 1998 sales totaling $1.5 billion. These components are an integral part of electronics that provide the security, convenience and entertainment in today's world.
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