September 19, 2019 / 8:33 PM / a month ago

Xilinx CFO Lorenzo Flores to step down

(Reuters) - Chipmaker Xilinx Inc said on Thursday Chief Financial Officer Lorenzo Flores is stepping down, sending the company’s shares down nearly 4% in extended trading.

Flores plans to leave Xilinx after the company reports its second-quarter earnings on Oct. 23, the company said.

Xilinx said it has started a search for a new CFO.

Reporting by Neha Malara in Bengaluru; Editing by Shounak Dasgupta

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