Stock on the Run – Maxim Integrated Products, (NASDAQ: MXIM)

Maxim Integrated Products, Inc. (MXIM) declares that Bruce Kiddoo is planning to retire from his position as Chief Financial Officer during the second half of calendar 2019 to support non-profit causes. Mr. Kiddoo’s departure date will be after the close of the current fiscal year with the precise date dependent upon Maxim’s successful and seamless transition to a new CFO. Maxim is starting a comprehensive search for his successor.

“On behalf of the Maxim Board of Directors, our leadership team and all employees, I want to thank Bruce for his valued partnership and tremendous contributions to the Company for over a decade,” said Tunç Doluca, Maxim’s Chief Executive Officer. “We look forward to his continued leadership during 2019 and his assist in transitioning to a new CFO.”

Maxim Integrated Products, (NASDAQ: MXIM) was trading -30.57% away from its yearly high level, during the last trading session. The last session’s volume was 2,482,922 compared to its average daily volume of 4.34M shares. The company has its outstanding shares of 278.05M. The Technologystock showed a change of -0.12% from opening and finally closed at $52.03 by scoring 0.27%.

 

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