SAN JOSE, Calif. -- The board of the Semiconductor Industry Association (SIA) elected John Daane, president, chief executive, and chairman of the board of Altera Corp., as its 2010 chairman.
Ray Stata, chairman of the board of Analog Devices Incorporated, was elected vice chairman.
Hector Ruiz, who resigned as chairman of Globalfoundries Inc. earlier this week after being reportedly linked to a high-profile insider-trading case, will not speak as planned at the SIA awards dinner on Thursday (Nov. 5), according to a spokesperson for the SIA.
The SIA spokesperson confirmed Wednesday that Ruiz has bowed out of the event, but did not provide further details. Ruiz, who remain's SIA's 2009 chairman until the organization's annual meeting Thursday, had been scheduled to give a talk titled "Chairman's Reflections" at the dinner in San Jose, Calif.
Separately, John E. Kelly III, senior vice president and director of Research at IBM, has been named 2009 winner of the semiconductor industry's highest honor, the Robert N. Noyce Award. The award is presented by the SIA to recognize outstanding contributions to the microelectronics industry.