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Tessera Names CFO

Semiconductor supplier on Monday named former Kodiak Networks CFO Michael Anthofer as its new chief financial officer.

SAN JOSE, Calif. (AP) -- Semiconductor supplier Tessera Technologies Inc. on Monday named Michael Anthofer as its new chief financial officer.

Anthofer, 56, was most recently CFO at Kodiak Networks Inc., a privately held supplier to wireless carriers. He replaces Charles Webster, who resigned from San Jose, Calif.-based Tessera on Sept. 19 to pursue other interests.

Shares of Tessera fell 68 cents, or 3.9 percent, to $16.83 in morning trading.