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Future Electronics Head Steps Down, Formal Leadership Announced
February 6, 2023 | PRNewswireEstimated reading time: Less than a minute
Future Electronics today announced that - despite not being involved in the operations for a number of years - Chairman, President and CEO Robert G. Miller will permanently step down to focus on his very serious health issues and devote his attention to the protection of his reputation.
Miller adamantly and vehemently denies the malicious allegations made against him, and confirms they are false and wholly unsubstantiated and that they arose as a result of a bitter divorce. They are now being repeated for financial gain. A police investigation was conducted into these allegations and the authorities determined that they were unfounded.
Effective immediately, Omar Baig assumes the role of President and CEO.
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IMI Core Business Sustains Path to Recovery with $13 Million of Net Income for the Year
04/05/2024 | IMIIntegrated Micro-Electronics, Inc. (IMI) reports total group revenues of US$1.3 billion, 6% lower than the previous year, driven by factors attributable to its non-wholly owned subsidiary group including the shorter fiscal year of STI Enterprises Limited which was divested on October 31, 2023.
Intel Outlines Financial Framework for Foundry Business, Sets Path to Margin Expansion
04/03/2024 | BUSINESS WIREIntel Corporation outlined a new financial reporting structure that is aligned with the company’s previously announced foundry operating model for 2024 and beyond.
LPKF Reports Strategic Successes and Narrowly Achieves Forecast for 2023 Financial Year
03/26/2024 | LPKFLPKF Laser & Electronics SE generated revenue of EUR 124.3 million in the financial year (previous year: EUR 123.7 million) and earnings before interest and tax (EBIT) of EUR 3.7 million (previous year: EUR 6.8 million), putting the EBIT margin at 3.0% (previous year: 5.5%).
Benchmark Announces Departure of CFO, Reiterates Q1 Fiscal 2024 Guidance
03/20/2024 | Benchmark Electronics Inc.Benchmark Electronics, Inc. announced Roop K. Lakkaraju, Executive Vice President and Chief Financial Officer (CFO) intends to resign from his position to pursue another professional opportunity outside of Benchmark. Mr. Lakkaraju will remain in his current role until April 1, 2024.