Skyworks Solutions, Inc. (Nasdaq: SWKS), a provider of high-performance analog and mixed-signal semiconductors, announced today that Robert Schriesheim has been appointed interim Chief Financial Officer (CFO). The move follows the decision by Mark Dentinger not to join the company due to an unforeseen medical condition.
“We were looking forward to Mark joining Skyworks but support his decision to prioritize his health. We all wish him a full and speedy recovery,” said Phil Brace, president and chief executive officer of Skyworks. “We are pleased that Rob has stepped into this interim role and are confident in his ability to guide our financial strategy and team during this transition.”
Schriesheim has served on the Skyworks Board of Directors since 2006. He is chairman of Truax Partners LLC and brings more than three decades of financial and strategic leadership experience. His previous roles include CFO positions at several public companies, including Sears Holdings, Hewitt Associates, and Lawson Software, with responsibilities spanning sectors such as semiconductors, software, communications, and retail.
In addition to his corporate background, Schriesheim is an Adjunct Associate Professor of Finance at the University of Chicago Booth School of Business, where he focuses on corporate governance and activism. He also serves as Lead Independent Director at Houlihan Lokey and as a board member at Alight Solutions.
“As a long-serving board member with a strong belief in and passion for the company, I look forward to serving in an interim capacity in support of Phil and his team while we conduct a search for a permanent CFO,” said Schriesheim.
Skyworks stated that a comprehensive search is underway to identify a permanent CFO. The company reaffirmed its commitment to maintaining financial stability and executing its long-term business strategy during the leadership transition.
