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Rockwell Names CFO for Coming Spinoff

Rockwell International Corp. said Bala Iyer will become chief financial officer of its soon-to-spin-off semiconductor unit. Officials have not chosen a new name for the division. Iyer, 42 who joins Rockwell Semiconductor Systems’ staff Monday as vice president of finance, is currently CFO of VLSI Technology Inc., a San Jose-based company that makes integrated circuits for consumer electronic products.

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