QuickLogic Corporation Announces CFO Transition

QuickLogic Corporation has announced a change in its Chief Financial Officer position. Elias Nader resigned from his role as CFO, effective September 18, 2026, to pursue other opportunities. The company has appointed James Sullivan as the new Senior Vice President of Finance and CFO, effective October 5, 2026. Mr. Sullivan brings extensive experience as a CFO in the semiconductor industry, having previously held positions at Peraso Inc., MoSys, Inc., Apptera, Inc., and 8x8, Inc. He will receive an annual base salary of $340,000, a $10,000 signing bonus, and is eligible for an annual incentive bonus of 50% of his base salary. Additionally, he will be granted $600,000 in restricted stock units as a new hire award, vesting over three years. The company has also reaffirmed its third quarter guidance for 2026.