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MEMC Finance Chief Murphy To Return To Praxair

DOW JONES NEWSWIRES MEMC Electronic Materials Inc. (WFR) Chief Financial Officer Mark Murphy has left the semiconductor company to return to Praxair Inc. (PX), where he will head the industrial-gas provider's surface-technologies business. MEMC, a provider of components for chips and solar cells, named executive Brian Wuebbels to succeed Murphy Wednesday, picking an executive who has worked with the company since 2007, most recently as the general manager of its balance-of-system products for solar panels. Wuebbels also has run the company's solar-wafer-manufacturing unit. He previously worked as finance chief for Honeywell International Inc.'s (HON) sensing-and-controls business and has held other posts at General Electric Co. (GE). MEMC has faced increasing threats to its top line in the past year as uncertainty shakes up the solar industry. In December, the company revealed plans to reduce its total workforce by 20% in response to market conditions. Its latest management change follows the departure of Ken Hannah, MEMC's former president of solar energy, who left earlier this year to become chief financial officer at J.C. Penney Co. (JCP). Murphy, who previously led Praxair's electronics division, will continue to work with MEMC in a consulting role during the CFO transition. MEMC shares were recently off a penny at $2.12 after hours. The stock has declined 80% over the past year. -By Drew FitzGerald, Dow Jones Newswires; 212-416-2909; Andrew.FitzGerald@dowjones.com

Stock News for Jc Penney (JCP)
DateTimeHeadline
11/13/201417:13:13MARKET SNAPSHOT: U.S. Stocks Advance; Dow Posts 25th Record Close...
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11/13/201409:31:38MARKET SNAPSHOT: U.S. Stocks: Futures Pare Gains; Jobless Claims...
11/13/201407:51:59MARKET SNAPSHOT: U.S. Stocks: Futures Rise With Wal-Mart, Jobless...
11/13/201406:03:31MARKET SNAPSHOT: U.S. Stocks: Futures Rise As Wal-Mart, Jobless...
11/09/201406:17:27MARKET SNAPSHOT: Retail Earnings To Test Those Consumer Sentiment...
10/23/201419:49:24Apple's Ex-Retail Chief Readies Service for Web Shoppers
10/13/201416:41:12MARKET SNAPSHOT: U.S. Stocks End Monday Sharply Lower On Late...
10/13/201416:04:10MARKET SNAPSHOT: U.S. Stocks Build On Last Week's Losses
10/13/201415:59:37MARKET SNAPSHOT: U.S. Stocks Build On Last Weeks Losses
10/13/201413:47:36MARKET SNAPSHOT: U.S. Stocks Drift Higher Off Day's Lows
10/13/201411:12:37MARKET SNAPSHOT: U.S. Stocks Drop; S&P 500 Falls Below 1,900
10/13/201410:27:05MARKET SNAPSHOT: U.S. Stocks Flip-flop After Brutal Losses
10/13/201409:58:24MARKET SNAPSHOT: U.S. Stocks Inch Higher; CSX Corp Jumps
10/13/201409:56:31MARKET SNAPSHOT: U.S. Stocks Inch Down; CSX Corp Jumps
10/09/201417:11:36U.S. Hot Stocks: Hot Stocks to Watch
09/09/201409:10:11J.C. Penney to Offer $350 Million in Notes
08/15/201408:23:20MARKET SNAPSHOT: U.S. Stocks: Futures Up; Consumers May Be In...
08/14/201416:21:51MARKET SNAPSHOT: U.S. Stocks Rise Modestly; Berkshire Tops $200K

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