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Interview with Cypress Semiconductor's CEO... - Interview with Cypress Semiconductor's CEO...
Tue, May 18 2004 | 5:02PM | PermaLink Feedback?
This is a very interesting interview, Cypress Semiconductor's CEO T.J. Rodgers talks about a whole lot of things from Outsourcing to stock options!

Q: John Kerry is denouncing "Benedict Arnold" CEOs who send jobs overseas. Is it moral for American companies to increase their overseas outsourcing?

A: It is immoral for any CEO not to run his company in the best possible financial way for his shareholders. I used to hold Kerry's naive view of the "all American" company, meaning all jobs in America. That was a foolish mistake on my part, and it cost my shareholders a lot of money, until I moved our entire assembly and test operation and several hundred jobs offshore in 1992.

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