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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
06/30/201516:36:19Statement of Changes in Beneficial Ownership (4)
06/26/201516:29:58Annual Report of Employee Stock Plans (11-k)
06/23/201512:37:183 Reasons J.C. Penney Company Stock Could Rise
06/18/201509:02:20JCPENNEY PRESIDENT & CEO-DESIGNEE MARVIN ELLISON TO PRESENT AT...
06/18/201509:00:02Stability Will Be Key for New J.C. Penney CEO Marvin Ellison
06/16/201515:10:03The Retail Trick That Has J.C. Penney Company, Inc. in Hot Water
06/15/201516:58:20Statement of Changes in Beneficial Ownership (4)
06/12/201516:21:20Statement of Changes in Beneficial Ownership (4)
06/12/201516:19:36Initial Statement of Beneficial Ownership (3)
06/12/201516:05:17J. C. Penney Company, Inc. Grants Previously Disclosed Equity...
06/10/201519:40:03Sears' Loss Slims but It's Still a Sinking Ship
06/10/201513:20:07J.C. Penney Same-Store Sales Since 2006
06/09/201502:02:11Apple to Add Cards From Discover, Some Stores to Apple Pay--Update
06/08/201520:20:027 Surprises From Apple's WWDC Keynote
06/08/201509:01:00JCPENNEY CEO MIKE ULLMAN AND PRESIDENT & CEO-DESIGNEE MARVIN...
06/04/201516:18:30Quarterly Report (10-q)
06/02/201517:00:03Statement of Changes in Beneficial Ownership (4)
06/02/201516:58:44Statement of Changes in Beneficial Ownership (4)
06/01/201519:00:023 Reasons J.C. Penney Company's Stock Could Fall
06/01/201517:08:30Specialized Disclosure Report (sd)

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