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Credence CEO and President steps down |
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Dec 08, 2006 at 12:03 PM |
Lavi Lev, formerly of Cadence Design Systems, Inc., has been named as Credence's new President and CEO following the resignation of Dave Ranhoff. Dave House, executive chairman of Credence Systems Corporation, commented on the transition: "While David Ranhoff successfully completed the integration of recent acquisitions and aligned the company on a profitable business model, it is now time to focus on the next phase, that of building the products that will expand our business."
Lavi Lev is an industry veteran with more than twenty years of experience in the design tool and semiconductor sectors. His most recent post was as executive VP and general manager of the Products and Solutions business at Cadence Design Systems. Past employers include Intel, Sun Microsystems, National Semiconductor, Silicon Graphics and MIPS Technologies.
Credence Systems Corporation is a test solutions provider to the semiconductor industry.
By Sile Mc Mahon
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