James Thorburn, senior vice president and chief financial officer of Zilog, has been named chief operating officer
at the former Motorola Semiconductor Components Group,
which was acquired by Texas Pacific Group in May.
Thorburn, who was part of the new management team assembled
by chairman and CEO Curtis J. Crawford when he took over Zilog
a year ago, will leave Zilog to take the
position when the purchase is completed later this summer.
"Jim has made many valuable contributions to Zilog during his tenure
here, and I view his departure with mixed feelings," Crawford said.
"I am thrilled that Jim will be able to fulfill his ambitions to broaden
his management role within a semiconductor manufacturer, but at the
same time I will miss his counsel and passion for our business."
Crawford said the search for Thorburn's
replacement has begun.
Prior to joining Zilog, Thorburn spent 17 years at National
Motorola Semiconductor Components Group will be renamed by
Texas Pacific Group, which beat out a management-led buyout to
acquire the Motorola unit for $1.6 billion. The chip maker focuses
on semiconductor components such as discretes and standard logic
devices, and has approximately 10,000 employees.
"Jim has proven to be a highly successful senior manager at Zilog,
and we are extremely happy that he has agreed to make the
transition to our new company," said David M. Stanton, partner of
Texas Pacific Group. "His most recent experience at Zilog gives
us the confidence that Jim will add significant value to an already
outstanding management team."
Texas Pacific Group has also made recent investments in Zilog and Globespan