Fairchild Semiconductor International Inc. (South Portland, ME) announced the appointment of Mark Thompson as President and Chief Executive Officer. Thompson, who will also become a member of the Fairchild Semiconductor Board of Directors, will succeed founding President and CEO Kirk Pond effective as of the company's annual stockholders' meeting on May 4, 2005. Pond will remain Chairman of the Board. Thompson currently serves as Fairchild's Executive Vice President of its Manufacturing and Technology Group.
"I'm pleased the Board is moving forward with the final stage of our existing succession plan by appointing Mark Thompson to lead the company into its next phase of growth," said Pond. "Not only has Mark demonstrated extraordinary leadership and business skills since he joined Fairchild last fall, but throughout his years in the industry he has developed a unique set of skills and experience that will enable him to map out and drive the next evolution of Fairchild."
Thompson previously served as Vice President and General Manager of Tyco Electronics Power Components Division and, prior to its acquisition by Tyco, as Vice President of Raychem Corp.'s OEM Group.