Chief at National Semiconductor sets retirement

Article Abstract:

National Semiconductor Corp announces that Gilbert F. Amelio, 47, will assume the role of president on Feb 4, 1991 and will take control of the semiconductor company after long-time CEO Charles E. Sporck, 63, retires in May 1991. Amelio is president of Rockwell International Corp's Communication Systems unit and will work alongside Sporck until the National Semiconductor CEO leaves. Sporck believes the company is in good health in 1991 and that it is time for a new leader to assume the responsibility of guiding the company. National Semiconductor, whose stock closed at $4.375 a share on Jan 10, 1991, began suffering losses in the mid-1980s after Japan began crowding the semiconductor market.

Appointments, resignations and dismissals, Rockwell Automation Inc., Retirement, Promotion of Employee, ROK, Amelio, Gilbert F.

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Chip firm plans big cutbacks, reorganization; National Semiconductor set to scrap some products, lay off 6.2% of workers

Article Abstract:

National Semiconductor Inc announces a reorganization plan that involves shedding products from its product line and laying off a significant number of employees. The semiconductor firm will reorganize its six product divisions into four that will focus on more specialized chips that will bring higher margins. The firm will layoff some 2,000 workers worldwide and will close two production lines, one in Puyallup, WA, and the other in Tucson, AZ. In addition, National states it will take a one-time charge of $140 million for the quarter ending August 26, 1990. National will stop producing its high-density static random access memory chips and cut back on production of CMOS gate array chips.

Human resource management, Plant shutdowns, Layoffs, Layoff, Cost control, Cost Reduction, Reorganization

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Sporck at National Semiconductor sets search for an heir

Article Abstract:

National Semiconductor CEO Charles E. Sporck, 63, begins looking for a successor to his position and hopes to announce one by the end of the company's fiscal year on May 26, 1991. Sporck has been CEO of National Semiconductor since 1967 and is considered one of the founding fathers of Silicon Valley. The search for a successor to Sporck has been long in coming since there have been no apparent heirs. The company, which reports a profit of $3.5 million in its 2nd fiscal qtr ending Nov 25, 1990, states that the successor will have to be capable of turning the business around. National Semiconductor has posted losses in six of the last 10 quarters and faces a tough financial road ahead.

Management, Planning, Chief executive officers, Strategic Planning, Personnel Management

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