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Karl-Henrik Sundström appointed CFO for NXP
13 May 2008 | By Síle Mc Mahon | Going Places
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NXP Semiconductors has appointed former Ericsson CFO Karl-Henrik
Sundström (pictured) to serve as Chief Financial Officer and Executive
Vice President. Mr. Sundström replaces Peter van Bommel, who departed
the company for personal reasons while agreeing to aid the company in
its upcoming joint venture with STMicroelectronics.
Sundström joins NXP from Ericsson, from which role he resigned in
2007. He was named best CFO in Europe for three consecutive years by
Institutional Investor magazine during his tenure with Ericsson, which
saw him work in general management leading the company’s Global
Services Operations and the company’s Australian division.
NXP Semiconductors is a major IDM.
By Síle Mc Mahon