TECHNOLOGY - Dec. 3, 1994
From Times Staff and Wire Reports
California Micro Devices Fires Four Top Officials: The silicon chip maker said it fired the executives in connection with an investigation of alleged accounting irregularities. Vice Chairman and former Chief Executive Chan M. Desaigoudar and President Suren Gupta were among the executives fired Thursday evening. The company’s board also requested Desaigoudar’s resignation as a director. Also dismissed were Ronald A. Romito, chief accounting officer, and Ashok A. Chalaka, vice president of sales and marketing. Gupta did not return a phone message left at his home and the other executives could not be located for comment. The company is investigating accusations by former employees that Desaigoudar and other officials inflated sales figures.
