STARKVILLE, MS – October 12, 2005 – Continuing to
expand its executive management, SemiSouth today announced that Robert D.
Maddox has been hired as Chief Financial Officer (CFO). Mr. Maddox will take over the financial leadership of SemiSouth, a role
that has been managed by Dr. Jeffrey B. Casady, president and co-founder of
SemiSouth.
“Robert Maddox is a seasoned professional who will help
shape the financial future of SemiSouth by focusing on investor relations and
steering the company into position to become a global silicon carbide
electronics component supplier,” said Casady. “As our revenues transition from
a primarily government contract basis to more commercial endeavors, it is the
right time to bring on a financial leader who has a strong background in
multinational operations and a solid knowledge of the financial community. Robert will be instrumental in implementing
new initiatives as we move forward, and helping to provide the financial
foundation that will support our continued growth.”
Before joining SemiSouth, Mr. Maddox served as Vice
President of Finance and Global Controller for Thermadyne Holdings Corp., a
multi-national manufacturer of cutting and welding equipment based in St.
Louis, Missouri, with revenues in excess of a half billion dollars. During his
12-year career with Thermadyne, he also held the role of Vice President and
Corporate Controller. Between 1982 and 1992, Mr. Maddox worked in positions of
increasing responsibility at Big 4 accounting firms including Ernst & Young
in Dallas, Texas,
and KMPG Peat Marwick in Tulsa,
Oklahoma. Along with being a CPA,
Mr. Maddox is a graduate of Oklahoma
State University
where he earned a Bachelor of Science in Accounting.
Mr. Maddox is the second executive manager to be brought on
by SemiSouth this year. In March, Keith Nootbaar was hired as Vice President of
Sales and Marketing. Mr. Nootbaar has
more than 25 years of experience in the semiconductor industry and is
responsible for the development of the product and marketing strategies for the
company, as well as implementing and overseeing the global sales strategy. Prior to joining SemiSouth, Mr. Nootbaar
served as Director of ON Semiconductor's Power Discrete Business Unit and
before that he was Vice President and Managing Director with ROHM
Electronics. Mr. Nootbaar is also a
graduate of Oklahoma
State University,
where he earned a Bachelor of Science in Electrical Engineering. He has
extensive graduate education at the University
of Minnesota (Electrical
Engineering) and Strategic Marketing at University of Chicago Graduate School
of Business.