Two Tessera Technologies Executives Depart

Chip designer said Friday its chief strategy officer and its executive vice president of microelectronics business have left ‘to pursue other opportunities.’

SAN JOSE, Calif. (AP) -- Chip designer Tessera Technologies Inc. said Friday two of its top officers left "to pursue other opportunities."

Bruce McWilliams, chief strategy officer, left that post but remains as board chairman. John Keating, senior vice president of corporate development, assumes McWilliams' corporate responsibilities.

Scot Griffin, executive vice president of Tessera's Micro-electronics business, left that post but remains as a consultant for the next three months. His duties will be assumed Craig Mitchell, Bernard J. Cassidy and Brian Marcucci, all of whom are senior vice presidents.

In morning trading, shares rose 35 cents, or 2.5 percent, to $14.48.

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