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Qimonda’s CFO resigns
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Dr. Michael Majerus, CFO at Qimonda AG for the last two years, has resigned. He had been with Qimonda since the formation of the company in 2006 after its spin-off from Infineon Technologies. Qimonda stated that Majerus' decision was made based on personal reasons and that he plans to pursue other interests. On the same day, Qimonda announced a major restructuring of the company with the expected loss of 3,000 jobs.
Thomas Seifert, Qimonda’s Chief Operating Officer, is to assume the CFO duties for an interim period. Majerus joined Infineon as Chief Financial Officer of Memory Products Business Group in 2000. When Qimonda was created he took the CFO position of the newly formed memory company.
Majerus has a Diploma in Business Administration from the University of Cologne and a Doctorate in Economics from the University of Siegen, Germany.