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News Article

Tower CEO takes the plunge

Carmel Vernia has resigned as chairman chief executive officer of Israeli pure-play wafer foundry Tower Semiconductor.
Carmel Vernia has resigned as chairman chief executive officer of Israeli pure-play wafer foundry Tower Semiconductor. He will remain a director of the company and has agreed to stay on in his current post until a replacement is found. Vernia said that he wanted to step down in order to pursue other interests.
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