Mindspeed Announces Stephen N. Ananias as Senior Vice President and Chief Financial Officer

NEWPORT BEACH, Calif.--(BUSINESS WIRE)--Mindspeed Technologies, Inc. (NASDAQ: MSPD), a leading supplier of semiconductor solutions for network infrastructure applications, today announced that Stephen N. Ananias will assume the role of senior vice president and chief financial officer of the company effective October 31, 2011. Ananias joins the company from Broadcom Corporation (NASDAQ: BRCM), where he served for more than 11 years in various finance positions of increasing responsibility, most recently as controller, Broadband Communications Group, a $2 billion semiconductor division of Broadcom. Ananias will report directly to Raouf Y. Halim, Mindspeed’s chief executive officer.