Thursday, June 12, 2008

Jumping Ship

Our new VP of Accounting (and my prior boss for 6 years) is leaving to become CFO at Mindspeed. He was recently promoted to the VP position but I guess the CFO title is too hard to resist. Mindspeed is actually a competitor and was one of the many companies spun out from Conexant. They're not doing too well... losing money since at least 2005 and they just announced a 1-5 reverse split, probably trying to avoid being delisted from NASDAQ.

Since I worked for him for so long, some co-workers think that he'll try to get me to go with him to Mindspeed. I'm not sure I want to give up my ~4 weeks of vacation each year and accumulated stock options and RSU's. Maybe if he makes me the Director of PowerPoint Presentations I'll reconsider... :)

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