Dean Butler Appointed SVP and CFO of Silicon Labs

Silicon Labs, a pioneering force in secure and intelligent wireless technology, has unveiled the appointment of Dean Butler as Senior Vice President and Chief Financial Officer, effective May 15, 2024. In his new capacity, Butler will spearhead Silicon Labs’ financial strategy and oversee the global finance organization, succeeding Mark Mauldin, who has been serving as interim CFO.

Dean Butler brings a wealth of experience and expertise to Silicon Labs, with a distinguished career spanning various financial leadership roles within the semiconductor industry. Most recently, Butler served as Senior Vice President and CFO at Synaptics Incorporated. His prior engagements include notable tenures at Marvell Technology, Inc. and Broadcom, Inc., where he orchestrated strategic initiatives and led finance organizations through periods of rapid growth and innovation.

Beginning his career at Wells Fargo and Maxim Integrated, Butler’s journey has been marked by a commitment to excellence and a keen strategic acumen. He holds a bachelor’s degree in finance from the University of Minnesota Duluth and is a graduate of Stanford University’s esteemed Strategic Financial Leadership Program. Additionally, Butler serves on the Board of Directors of Pixelworks, further underscoring his industry influence and leadership prowess.

Matt Johnson, President and CEO of Silicon Labs, expressed confidence in Butler’s appointment, citing his exceptional financial stewardship and deep understanding of the semiconductor landscape. Johnson praised Butler’s track record of driving financial performance and fostering operational efficiency, emphasizing his alignment with Silicon Labs’ core values and strategic objectives.

In his statement, Dean Butler conveyed his excitement about joining Silicon Labs, highlighting the company’s unparalleled position as the foremost IoT pure-play company. He underscored his commitment to building upon Silicon Labs’ momentum, accelerating market share expansion, and driving earnings growth to create value for all stakeholders.

Acknowledging Mark Mauldin’s contributions as interim CFO, Johnson extended gratitude for his leadership during the transition period. With Dean Butler assuming the CFO role, Silicon Labs is poised to embark on a new chapter of growth and innovation, leveraging Butler’s expertise to capitalize on the myriad opportunities in the dynamic IoT landscape.

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