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Infineon CEO to quit at end of month - paper

Fri May 16, 2008 2:00am EDT
 
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FRANKFURT, May 16 (Reuters) - Infineon (IFXGn.DE: Quote, Profile, Research, Stock Buzz) Chief Executive Wolfgang Ziebart will step down at the end of the month, Boersen-Zeitung newspaper reported on Friday.

The paper, which did not give the source of its information, said his departure was currently being negotiated with the supervisory board, which is due to meet on May 31.

Ziebart's contract is due to expire in September 2009.

Infineon was not immediately available for comment. (Reporting by Mantik Kusjanto; Editing by Quentin Bryar)

 

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