M/A-COM Technology Solutions Holdings announced its board has promoted the company's President, John Croteau, to the position of CEO effective December 13. Croteau has also been named to M/A-COM Tech's Board of Directors. Croteau succeeds Charles Bland, who will continue to serve as a member of the company's board and will remain in an advisory capacity to assist with the transition.
Asian shares tumbled to nine-month lows on Thursday as slowing Chinese manufacturing activity exacerbated sentiment …

