The semiconductor solution company, MACOM Technology Solutions, has announced that Robert McMullan, Senior Vice President, and CFO, has submitted his resignation.

MACOM said the decision to move out is McMullan’s personal choice. His resignation is not the result of any matters related to MACOM’s financial statements or disclosures or accounting principles and practices. He will transition to an advisory role and support MACOM during the next 2 months to ensure an orderly transition of responsibilities.

The company said Conor Hegarty, a Vice President of Financial Planning and Analysis, has been appointed to the role of Principal Financial Officer and Principal Accounting Officer.

“On behalf of the board of directors and the executive team, I would like to thank Bob for all of his contributions at MACOM. During his tenure, Bob was instrumental in rebuilding and reshaping MACOM through numerous acquisitions and divestitures, as well as corporate financing transactions. We are grateful for Bob’s positive impact on the company and wish him continued success in his next endeavor,” said John Croteau, President, and Chief Executive Officer.