Change of Management at Infineon: Thomas Seifert Appointed General Manager of Wireline Communications Group

May 6, 2002 | Market News

Munich, Germany – May 6, 2002 – Infineon Technologies (FSE/NYSE: IFX), one of the world's leading semiconductor manufacturers, today announced the appointment of Thomas Seifert, 38, as General Manager of its Wireline Communications Group (COM). His predecessor, Mr. Gerhard Geiger, continues to support the COM group in a consulting capacity.

Mr. Seifert embarked on his career in 1990 in the Corporate Management Group of Siemens and in 1993, he became Chief Financial Officer at the French semiconductor factory in Corbeil-Essonnes. With the construction of the White Oak Semiconductor facility in Richmond, Virginia, USA, in 1996 Mr. Seifert started as the Chief Financial Officer and was in 1999 appointed as Chief Executive Officer and President. Today this facility is part of Infineon’s global production cluster. In 2000, Mr. Seifert joined the Wireline Communications business group in Munich as the Chief Operating Officer. In this position he was a key driver of the customer-oriented reorganization of the group.

About Infineon


Infineon Technologies AG, Munich, Germany, offers semiconductor and system solutions for applications in the wired and wireless communications markets, for security systems and smartcards, for the automotive and industrial sectors, as well as memory products. With a global presence, Infineon operates in the US from San Jose, CA, in the Asia-Pacific region from Singapore and in Japan from Tokyo. In the fiscal year 2001 (ending September), the company achieved sales of Euro 5.67 billion with about 33,800 employees worldwide. Infineon is listed on the DAX index of the Frankfurt Stock Exchange and on the New York Stock Exchange (ticker symbol: IFX). Further information is available at www.infineon.com.

Information Number

INFCOM200205.081e

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