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Micrel Names New CFO

Ray Wallin has more than three decades' worth of experience in the semiconductor industry.

By Rich Smith – Oct 2, 2013 at 1:05PM EST

San Jose, Calif.-based Micrel (NASDAQ: MCRL) has a new CFO.

On Wednesday, the integrated circuits manufacturer announced that it has appointed former Texas Instruments executive Robert DeBarr to replace the departing Ray Wallin as its chief financial officer. Wallin announced he would be leaving the company back in August, and intends to remain with the company a short while -- until Nov. 15 -- in order to "ensure a smooth transition" to DeBarr.

Welcoming DeBarr aboard, Micrel CEO Ray Zinn in the press release called his new CFO "a seasoned industry veteran" with "extensive background in running a finance team" and "expertise in implementing and maintaining world-class accounting practices."

Prior to joining Texas Instruments, DeBarr spent 30 years at National Semiconductor, a period that ended with National Semi's absorption into Texas Instruments in 2011. 

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About the Author

Rich Smith
Rich Smith is a contributing Motley Fool defense and stock market analyst covering publicly traded and emerging companies in defense, space, aerospace, and other sectors. Prior to The Motley Fool, Rich practiced international corporate law for Clifford Chance in Russia, and for the Russian-Ukrainian Legal Group in Moscow, Kyiv, and Washington, D.C. He holds a bachelor’s degree in international relations from the College of William & Mary, a law degree from the University of Baltimore, and a language certification from the International Institute of Russian Language & Culture in Tver, Russian Federation. The Globe and Mail once featured him as “one of the best stock pickers since 2009.”
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