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What: Shares of Freescale Semiconductor
So what: Gregg Lowe is taking the lead, coming from Texas Instruments
Now what: Beyer said in April that he was stepping down and retiring once a replacement was found, so the search took less than two months. Lowe joins Freescale with nearly three decades of industry experience, having joined TI in 1984 and occupying various positions throughout the years. TI is also seeing some gains today, and it has quickly filled Lowe's position with Brian Crutcher, a 17-year TI vet. Lowe is credited with helping lead TI's analog business well in recent times, and investors are clearly excited to have him at the helm of Freescale.
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