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In tandem with its Q1 report, Freescale Semiconductor (FSL) announces chairman and CEO Rich...

In tandem with its Q1 report, Freescale Semiconductor (FSL) announces chairman and CEO Rich Beyer, who has held the top job since 2008, plans to retire. Freescale's board has begun searching for a successor. Shares are down 3.6% AH, likely affected both by the CEO news and Freescale's Q2 guidance for revenue of $975M-$1.025B (consensus stands at $1.02B). (PR)
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