ON Semiconductor, Phoenix, on Wednesday announced that Jim Thorburn, senior vice president and chief operating officer, has accepted an operations role with Texas Pacific Group beginning March 12.
Thorburn spent the last 19 months with ON Semiconductor, helping it transform to an independent, public company. In a letter to employees, Steve Hanson, chief executive officer and president of ON Semiconductor, said, "Jim has been a key architect and leader in our success. He has helped bring the discipline that we will build on going forward. We wish Jim the greatest success in his new role."
Hanson will assume Thorburn's responsibilities, the company said.
Prior to joining ON Semiconductor, Thorburn was chief financial officer for Zilog. Before that he was vice president of operations finance at National Semiconductor.