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Electronics Production | January 10, 2007

Merix CEO steps down

Merix Corporation today announced that Mark Hollinger has stepped down as Chairman and Chief Executive Officer, and will be leaving the Company.
The Board has formed a search committee to find a successor. William C. McCormick, the Board's Lead Director, has been named Chairman and Interim Chief Executive Officer to serve while the Company conducts a search for a successor CEO. The Board has full confidence in the executive team, and the Company does not expect to make any additional executive leadership changes. Bill McCormick has been a director of Merix since 1997. He was Chair and Chief Executive Officer of Precision Castparts Corporation, a global $3 billion revenue manufacturing company, for 10 years until his retirement in 2003.
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