Lorenzo A. Flores Vice Chairman, Toshiba Memory

Toshiba Memory Holdings Corporation, which will officially rebrand as Kioxia Holdings Corporation on October 1, 2019, appointed Lorenzo A. Flores as vice chairman, effective in November, 2019.

He brings a record of strong executive leadership to the company with extensive financial experience in the technology industry. He will work closely with the executive management team to help lead global business expansion.

He previously spent eleven years at Xilinx Inc , where he served as CFO since May of 2016, and EVP since February of 2018. In addition to his finance roles, he had responsibility for the company’s IT function. During his tenure as CFO, Xilinx established all-time highs for revenue, earnings per share, and operating cash flow. Prior that, he served as assistant VP of financial planning and analysis at Cognizant Technology Solutions. He also spent ten years at Intel Corporation, serving in a variety of positions including controller for the architecture’s CPUs group.

He holds bachelor’s degrees in Civil Engineering and Management Science from the Massachusetts Institute of Technology, and a Master of Business Administration from University of California, Los Angeles.

“We are thrilled that Lorenzo is joining us in this crucial leadership role at the beginning of Kioxia’s history,” said Stacy J. Smith, executive chairman of Toshiba Memory. “With Lorenzo’s excellent experience and knowledge of the semiconductor industry, he is a great addition to an already deep and experienced leadership team. There is no doubt he is the perfect person to help lead our company through its next phase of growth as Kioxia.”

“I am excited to take on this position and honored to join the team as it begins its exciting new journey as Kioxia,” said Flores. “Toshiba Memory has always been a leader in the memory industry, and Kioxia is well positioned to lead us into a new era of memory.“