April 6, 2001 - National Semiconductor Corporation (NYSE: NSM) today announced that Don Macleod, the company's Chief Financial Officer for the past 10 years, has been promoted to a new position of Chief Operations Officer. In his new role, Macleod will be responsible for all of National's product lines.
"I am thrilled to promote Donnie to a position that takes full advantage of his leadership abilities, business acumen and knowledge of the semiconductor market," said Brian Halla, chairman and CEO of National Semiconductor. "Donnie has repeatedly demonstrated a world-class ability to maximize the use of National's resources on behalf of our employees, our customers and our investors."
Macleod, 52, joined National in 1978. Prior to becoming CFO, Macleod served as Vice President and General Manager in Europe of National's International Business Group.
In addition to promoting Macleod, Halla also appointed Lewis Chew, National's Vice President and Corporate Controller, to serve as acting CFO. Chew, 38, joined National four years ago from KPMG, where he served as a partner in their technology practice.
"Thanks to the talents of Donnie and Lewis, National has built a strong financial foundation that enables the company to make strategic investments for our future," Halla said.
About National Semiconductor
National Semiconductor is the premier analog company driving the information age. Combining real-world analog and state-of-the-art digital technology, the company is focused on the fast growing markets for wireless handsets; information appliances; information infrastructure; and display, imaging and human interface technologies. With headquarters in Santa Clara, California, National reported sales of $2.1 billion for its last fiscal year and has about 10,500 employees worldwide. Additional company and product information is available on the World Wide Web at www.national.com.
