PORTLAND, OR -
Merix Corp. announced executive vice president of operations, Steve Robinson, left the company Feb. 25. Robinson took over Merix's operations in North America in May 2005.
His departure follows second-quarter revenue reports of $97.4 million, down 6% from the same quarter last year. Merix lost $5 million, or 24 cents per share, compared with a $1.8 million profit, or 9 cents per share, in the previous year's second quarter.
CEO Michael Burger in January said the unexpected second quarter revenue decline was due to the North American management team’s failure to note a market "demand burp."