Richardson, Texas � December 9, 1996 � Cyrix Corporation (NASDAQ: CYRX) today announced that Chief Executive Officer, Jerry Rogers, is stepping down today from his role as President and CEO but will remain on the Board of Directors. Cyrix is retaining a search firm to find a replacement for Mr. Rogers.
In the interim, an "Office of the President" has been established to be chaired by Jay Swent, Sr. Vice President of Finance and Administration. In addition, Kevin McDonough, Sr. Vice President of Engineering, Nancy Dechaud, Vice President of Manufacturing, and members of the Board of Directors will serve in the office.
"Jerry has done a great job guiding Cyrix through its recent difficult time. We are coming out of these difficulties with a strong product offering that has attracted healthy customer interest. Jerry will continue to provide continuity as a Board member," said Chairman Berry Cash.