Actel Names New CFO

MOUNTAIN VIEW, Calif. (AP) -- Programmable chip maker Actel Corp. on Tuesday said it named Maurice Carson as its executive vice president and chief financial officer.

Carson's appointment is effective Aug. 17. He previously served as vice president and CFO of Kulicke & Soffa, which designs and manufactures semiconductor assembly equipment.

Before that, he served as vice president of finance and corporate controller for Cypress Semiconductor, Actel said.

Actel shares fell 5cents to $10.90 in morning trading.