Synaptics Brings on Dean Butler as New CFO

The Synaptics C-suite transformation continues with the appointment of Dean Butler as the company’s new Chief Financial Officer. Butler joins the company only a few short months after Michael Hurlston took over as the new CEO, and inherits the position from interim CFO Kermit Nolan, who will officially step down on October 21.

Butler previously served as the VP of Finance at Marvell, with additional stops at Broadcom and Maxim Integrated earlier in his career. Nolan, meanwhile, will return to his role as Corporate Vice President and Chief Accounting Officer.

“We selected Dean because of his broad experience in financial operations and his demonstrated skills in driving corporate transformation,” said Hurlston. “I personally worked with Dean while at Broadcom, and I am excited to have him join us as he helps guide the Company through our own makeover.”

“I am honored to be given the opportunity to join Synaptics, and believe I can help the Company on its journey towards an increasingly differentiated product portfolio,” added Butler.

Synaptics is looking to reverse the trend in its last few quarterly reports, which have attributed lower-than-expected revenues to the company’s IoT struggles. The company’s first quarter report for the 2020 fiscal year is scheduled for November 7, and marks the first full report to be issued under Hurlston’s tenure as CEO.

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October 11, 2019 – by Eric Weiss