Renesas CEO leaves three months after being re-appointed

Bunsei Kure, CEO of Renesas, appears to have paid the price for over-spending. Kure is being replaced as CEO and is leaving the Renesas board only three months after being re-appointed. The CFO, Hidetoshi Shibata, will take over. It is being said that the acquisitions of Intersil and IDT at a combined cost of around ...

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