Xilinx Inc. shares declined in after-hours trading Thursday following the announcement that its chief financial officer is leaving the company. In a news release Thursday afternoon, the chip company said that CFO Lorenzo Flores is leaving the company "to pursue another executive opportunity," and will depart after Xilinx reports fiscal second-quarter earnings on Oct. 23. Flores has been with Xilinx for 11 years. Xilinx said that Chief Executive Victor Peng will assume oversight of finance operations until a new CFO is found, with Sumeet Gagneja acting as chief accounting officer and Matt Poirier taking on the role of treasurer. Xilinx shares declined more than 2% in the extended-trading session after the news was announced.
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