Dynex Announce New CEO

Dynex Semiconductor Ltd. Announces CEO Paul Taylor is Stepping Down.

Lincoln, England, Jan. 3, 2017 - Dynex Semiconductor Ltd. announced a change in leadership today.

Dr. Paul Taylor announced today that as of 16 January, he is relinquishing the position of Chief Executive Officer and Director, roles that he has held since 2004. He will be replaced by Clive Vacher.

In 1976, Dr. Taylor joined AEI Semiconductor Limited, a Lincoln business unit of GEC and the predecessor of Dynex Semiconductor Limited. At the time of the acquisition by Dynex in 2000, Dr. Taylor was Chief Technology Officer, which position he held until he was appointed President and Chief Executive Officer.

At the end of 2015, Dr. Taylor announced to the Board his intention to reduce his workload and a formal search was launched to identify a successor. Following his replacement, Paul takes up a new position as Chief Advisor to Zhuzhou CRRC Times Electric Co. Ltd., Dynex's parent company.

Dr. Paul Taylor commented, "I have been 40 years with Dynex and its antecedents, thoroughly enjoyed all my time as CEO. I am delighted to remain involved with CRRC Times Electric Company. I am excited that Clive Vacher has agreed to replace me. I have no doubt he will be very successful. He has an excellent background that's relevant to Dynex's needs." 

Read more: www.dynexpower.com/news/137