GigOptix Appoints Jeff Parsons as Acting CFO

GigOptix, a supplier of high performance electronic and electro-optic components that enable next generation 40G and 100G optical networks, has announced the resignation of its chief financial officer (CFO), Ron Shelton, effective 1 February 2011. Jeff Parsons, corporate controller, has been appointed acting CFO.

Parsons joined GigOptix in January 2010 as corporate controller. Prior to joining GigOptix, he was a consultant for various high technology companies from 2006-2009. From 2002 to 2005, he served as the corporate controller at Alliance Semiconductor, and later served as CFO. From 2000 to 2001, Parsons served as the director of finance at Lara Networks. Prior to this time, he held various senior financial positions at Cirrus Logic, Cypress Semiconductor, and Cadence. He holds a Masters in Industrial Administration from Carnegie-Mellon and a BA in Economics from Vanderbilt University.

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