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Broadcom chief resigns


Monday, January 27, 2003 Henry Nicholas III, a founder and CEO at Broadcom Corp., has resigned. He is taking time off to deal with "serious family matters," according to a quote attributed to him in a company statement.

The resignation was effective immediately, according to Bill Blanning, senior director of corporate communications. .

Chief operating officer Alan Ross is taking over as president and CEO while the company searches for a permanent president and CEO, according to the statement.

Nicholas will serve out his current term as co-chairman of Broadcom's board, which ends in May, and will continue to provide technical and industry expertise as needed, the statement said.

By: DocMemory
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