Mar 13, 2002
In addition, the board elected executive vice president Mike Burger president and member of the board. In his new role, Burger will be responsible for all product, engineering, marketing and sales activities at the company. He previously held a position at Zilog as senior vice president of worldwide sales and marketing.
Zilog recently launched an exchange offer that is expected to result in the conversion of all of its outstanding senior secured notes into equity. After the conversion, expected to be completed before the end of Q2 2002 through a pre-packaged Chapter 11 process, Zilog will be virtually debt-free, it said.
