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Product category: Intellectual Property Cores
News Release from: MIPS Technologies
Edited by the Electronicstalk Editorial Team on 05 January 2006

Kato takes charge of purse strings

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MIPS Technologies has promoted Mervin S Kato to the position of Chief Financial Officer.

MIPS Technologies has promoted Mervin S Kato to the position of Chief Financial Officer Kato, most recently Vice President of Finance and Corporate Controller at MIPS Technologies, succeeds Kevin C Eichler, who, as announced in November 2005, is transitioning out of the company during the first calendar quarter of 2006

Kato has served as Vice President of Finance since May 2001 and Corporate Controller since May 1998.

He brings more than 30 years of high tech industry experience in finance and operations.

Previously, Kato was Controller of the MIPS Group at Silicon Graphics and was involved with the spin-out of the company from SGI in 1998.

Prior to joining SGI, Kato spent 15 years with Apple Computer, in various financial and operational management positions.

Kato holds a BS degree in business administration with a concentration in accounting from San Jose State University.

"Merv has an outstanding track record leading the MIPS finance team, and is a natural fit for the chief financial officer position", said John Bourgoin, President and CEO.

"His in-depth understanding of our business model, the needs of our customers, and our obligations as a public company is exceptional".

"I am delighted to have him assume the role of CFO".

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