Silicon Image Loses Two Top Executives
On Friday Silicon Image (SIMG) announced that John LeMoncheck, 40, vice president of consumer electronics & PC/display businesses, has left the company and Robert Bagheri, 49, executive vice president of operations, has accepted a senior executive position at another semiconductor company. Share holders didn’t seem to like the shift in executives and share prices dropped nearly 5% by the end of Friday.
The company said that Robert Bagheri, executive vice president of operations, would leave the company so that he can take a new position at another semiconductor company. His departure is effective Nov. 4. Silicon Image is in the process of finding a replacement for Bagheri. Meanwhile, John LeMoncheck, vice president of the consumer electronics & PC/display businesses, has already left the company, Silicon Image said. The company didn’t offer an explanation for his departure. LeMoncheck will be replaced by John Shin, the current vice president of engineering, who will take over on an interim basis until a permanent replacement is found.
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