The Board of Wolfson Microelectronics announces that Dave Shrigley has decided to step down as Chief Executive Officer at the end of the year for personal family reasons and return to live full-time in the US. The Board also announces that Mike Hickey has been appointed as Chief Executive Officer Designate and is expected to take over as Chief Executive Officer from 1 January 2009. Mr Shrigley will leave the Board and the Company at the end of 2008. Hickey, 49, joins Wolfson from Motorola, where from March 2005 he has held various senior positions in Motorola’s mobile device business. Previously, he held senior positions at Alcatel Optronics and during an earlier period at Motorola, prior to which he worked for Digital Equipment Co. Ltd and Philips.
