AUSTIN, Texas - Silicon Labs (NASDAQ: SLAB), a company specializing in secure, intelligent wireless technology, has announced the appointment of Dean Butler as its new Senior Vice President and Chief Financial Officer (CFO), effective May 15, 2024. Butler will take over from Mark Mauldin, who has served as the interim CFO.
Butler comes to Silicon Labs with extensive experience in the semiconductor industry, having previously held the position of Senior Vice President and CFO at Synaptics (NASDAQ:SYNA) Incorporated since October 2019.
His career also includes significant financial leadership roles at Marvell (NASDAQ:MRVL) Technology, Inc., and Broadcom (NASDAQ:AVGO), Inc. He has been recognized for leading strategic initiatives and fostering financial and operational discipline within the organizations he has served.
Matt Johnson, President and CEO of Silicon Labs, expressed confidence in Butler's abilities, citing his track record in driving financial results and his alignment with the company's values. Johnson also acknowledged Mauldin's contributions during his interim tenure.
In his statement, Butler praised Silicon Labs for its position in the IoT (Internet of Things) market and expressed enthusiasm for contributing to the company's future growth and market share expansion.
This leadership change comes at a time when Silicon Labs continues to emphasize its role as a long-term partner in developing industrial, commercial, home, and life applications with its integrated hardware and software platform.
The information in this article is based on a press release statement.
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