ON Semiconductor Announces Chief Financial Officer Transition

PHOENIX, Ariz. – Aug. 2, 2012 –


PHOENIX, Ariz. – Aug. 2, 2012 – ON Semiconductor (Nasdaq: ONNN), today announced that its Executive Vice President and Chief Financial Officer, Donald Colvin, and the company have mutually agreed to Mr. Colvin’s resignation as an officer of the company. It is anticipated that Mr. Colvin will continue in his current positions at the company for up to 90 days while the company conducts a search for a replacement chief financial officer. This search process has already been launched by the Board of Directors and is in process.

Keith Jackson, Chief Executive Officer of the Company, said, “I want to thank Donald for his many contributions to the Company. He has guided our finance department through years of growth and a number of significant acquisitions as the Company has transformed into a world-class global supplier of semiconductor products and solutions. We wish him the best in his future endeavors.”

About onsemi

onsemi (Nasdaq: ON) is driving disruptive innovations to help build a better future. With a focus on automotive and industrial end-markets, the company is accelerating change in megatrends such as vehicle electrification and safety, sustainable energy grids, industrial automation, and 5G and cloud infrastructure. With a highly differentiated and innovative product portfolio, onsemi creates intelligent power and sensing technologies that solve the world’s most complex challenges and leads the way in creating a safer, cleaner, and smarter world.


onsemi and the onsemi logo are trademarks of Semiconductor Components Industries, LLC. All other brand and product names appearing in this document are registered trademarks or trademarks of their respective holders. Although the Company references its website in this news release, information on the website is not to be incorporated herein.

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