News

Agere Systems Names Peter Kelly Chief Financial Officer

August 30, 2005 by Jeff Shepard

Agere Systems Inc. (Allentown, PA) announced that it has named Peter Kelly Chief Financial Officer, effective immediately. Kelly, who was previously the company's Executive Vice President of Global Operations, replaces John Gamble, Jr., who has accepted a position at another company. Kelly will continue to report to President and Chief Executive Officer John Dickson.

Kelly joined Agere in September 2000 as Vice President of Operations for the company's Integrated Circuits division, and was named head of Agere's global operations in August 2001. He has been instrumental in reinventing the company's supply chain and manufacturing strategies.

"I am pleased to appoint Peter as chief financial officer," said Dickson. "He brings a deep understanding of our operations as well as extensive expertise having worked in financial management positions in other companies of various sizes around the world for more than 19 years. Peter has played a pivotal role in bringing discipline to Agere's operations and implementing a supply chain model that has helped to lay a solid foundation for profitable growth. I also would like to thank John for his significant contributions to Agere, and I look forward to continuing to work with Peter to improve our operating performance and achieve our business model."