Item 5.02 Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
(b) Resignation of Chief Financial Officer
On January 28, 2021, QuickLogic Corporation (the "Company") announced the
resignation of Suping (Sue) Cheung, Chief Financial Officer, effective February
17, 2021. Ms. Cheung will relocate in order to accept a new Chief Financial
Officer role with a public company. Ms. Cheung's departure is not related to any
disagreement with the Company's accounting, operating policies or practices.
The Company will commence a search for Ms. Cheung's replacement, and she is
committed to an orderly transition of her duties and will stay with the Company
through its upcoming earnings announcement and call on February 17 after market
close.
(c) Appointment of Interim Chief Accounting Officer
Effective upon Ms. Cheung's departure, and until a successor has been
identified, the Company has appointed Mr. Anthony Contos, who recently joined
QuickLogic as the Company's Corporate Controller, to serve as its interim Chief
Accounting Officer. Upon assuming this role, he will also assume the duties of
the Company's principal financial officer and principal accounting officer.
There is no family relationship between Mr. Contos and any of our other officers
and directors. There are no understandings or arrangements between Mr. Contos
and any other person pursuant to which Mr. Contos was appointed as interim Chief
Accounting Officer.
Mr. Anthony Contos joined QuickLogic in January 2021, first serving as the
Company's Corporate Controller. He was appointed QuickLogic's Interim Chief
Accounting Officer effective January 28, 2021. Mr. Contos brings more than 30
years of Accounting and Financial management experience with many publicly
traded companies. Prior to joining QuickLogic, Mr. Contos served as the Interim
Corporate Controller for Natera, Inc., a bio-pharmaceutical company based in San
Carlos, CA. Previously, Mr. Contos served as the Vice President, Corporate
Controller for DASAN Zhone Solutions, Interim Director of External Reporting and
Reporting for Extreme Networks, and Chief Financial Officer for Optoma
Technology
Item 7.01 Regulation FD Disclosure.
The Company issued a press release on January 28, 2021 announcing the
resignation of Chief Financial Officer Suping (Sue) Cheung and appointment of
Mr. Anthony Contos as Interim Chief Accounting Officer. A copy of the press
release is attached as Exhibit 99.1 hereto and is incorporated by reference
herein.
The information in the press release is being furnished, not filed, pursuant to
Item 7.01 of Form 8-K. Accordingly, the information in Item 7.01 of this Current
Report, including Exhibit 99.1, will not be incorporated by reference into any
registration statement filed by the Company under the Securities Act of 1933, as
amended, unless specifically identified therein as being incorporated by
reference.
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Item 9.01(d) Exhibits.
The following exhibit is furnished as a part of this report:
99.1 Press Release of the Company, dated January 28, 2021.
104 Cover Page Interactive Data File (embedded within the Inline XBRL document)
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