{"success":true,"data":{"pressRelease":{"id":"148292","rtpr_id":"nPn236KSxa-20260921","ticker":"QUIK","exchange":"NASDAQ","all_tickers":["QUIK"],"title":"QuickLogic Announces Chief Financial Officer Transition","author":"PR Newswire","published_at":"2026-09-21T11:01:00.045Z","article_body":"QuickLogic Announces Chief Financial Officer Transition\nPR Newswire\n\nSAN JOSE, Calif., Sept. 21, 2026\n\nJames Sullivan Appointed Chief Financial Officer; Company Reaffirms Third\nQuarter Guidance\n\nSAN JOSE, Calif., Sept. 21, 2026 /PRNewswire/ -- QuickLogic Corporation\n(NASDAQ: QUIK), a developer of embedded FPGA (eFPGA) Hard IP, Strategic\nRadiation Hardened and Antifuse FPGAs and ruggedized programmable logic\nsolutions, today announced the appointment of James Sullivan as its new Senior\nVice President of Finance and Chief Financial Officer, effective October 5,\n2026. Sullivan replaces Elias Nader, who has resigned effective as of the\nclose of business September 18, 2026, to pursue other opportunities.\n\n\"We thank Elias for his contributions over the past four years,\" said Brian\nFaith, CEO of QuickLogic. \"The entire QuickLogic team remains focused on\nexecuting against our strategic priorities and advancing the growth\nopportunities before us in eFPGA IP, antifuse FPGA technology, and our\nStorefront business. Our previously announced third quarter 2026 guidance\nremains unchanged. We wish Elias the very best in his next chapter and\nappreciate his continued support during the transition.\"\n\n\"I am also pleased to welcome James Sullivan to QuickLogic,\" added Mr. Faith.\n\"Jim is a seasoned semiconductor public company CFO with deep technical\nfinancial expertise and extensive experience helping innovative semiconductor\ncompanies achieve their growth objectives. His strong background across\nadvanced wireless, aerospace, defense, and autonomous systems markets aligns\nwell with QuickLogic's expanding opportunities in eFPGA IP, antifuse FPGA\ntechnology, and Storefront solutions. As we continue executing our strategy,\nJim's track record building scalable financial and operational infrastructure\nwill help position QuickLogic for long-term growth and value creation.\"\n\nMr. Sullivan most recently served as Chief Financial Officer for Peraso Inc.,\na publicly traded semiconductor company pioneering high-performance mmWave\nwireless technology, offering chipsets, modules, software and IP. Before\njoining Peraso, he spent 14 years as Chief Financial Officer of MoSys, Inc., a\npublicly traded fabless semiconductor company. He also held CFO roles at\nApptera, Inc. and at 8x8, Inc., a publicly traded SAAS provider of VoIP and\nunified communication solutions. Sullivan began his career at\nPricewaterhouseCoopers LLP. He holds a B.S. in Accounting from New York\nUniversity's Stern School of Business and is a certified public accountant.\n\nMr. Sullivan added, \"I am excited to be joining QuickLogic at such a\ntransformative time and look forward to partnering with the management team to\ncontinue our focus on financial discipline and thoughtful investment that will\nfuel our next chapter of growth, as we strive to build long-term shareholder\nvalue.\"\n\nAbout QuickLogic\nQuickLogic Corporation is a fabless semiconductor company specializing in\neFPGA Hard IP, Strategic Radiation Hardened and Antifuse FPGAs and ruggedized\nprogrammable logic solutions. QuickLogic's unique approach combines\ncutting-edge technology with open-source tools to deliver highly customizable,\nlow-power solutions for aerospace and defense, industrial, computing, and\nconsumer markets. For more information, visit www.quicklogic.com\n(http://www.quicklogic.com) .\n\nQuickLogic and logo are registered trademarks of QuickLogic. All other\ntrademarks are the property of their respective holders and should be treated\nas such.\n\nView original content to download\nmultimedia:https://www.prnewswire.com/news-releases/quicklogic-announces-chief-financial-officer-transition-302884133.html\n(https://www.prnewswire.com/news-releases/quicklogic-announces-chief-financial-officer-transition-302884133.html)\n\nSOURCE QuickLogic Corporation\n\n\n\nAlison Ziegler, Darrow Associates, Inc., ir@quicklogic.com\n\nPhoto: \nhttps://mmx.prnewswire.com/media/MS807321/QuickLogic-Logo-Logo.jpg?id=OA2959339\n\nCopyright (c) 2026 PR Newswire Association,LLC. All Rights Reserved.","article_body_html":"","raw_payload":{"data":{"id":"nPn236KSxa-20260921","title":"QuickLogic Announces Chief Financial Officer Transition","author":"PR Newswire","ticker":"QUIK","created":"2026-09-21T11:01:00.045Z","tickers":["QUIK"],"exchange":"NASDAQ","article_body":"QuickLogic Announces Chief Financial Officer Transition\nPR Newswire\n\nSAN JOSE, Calif., Sept. 21, 2026\n\nJames Sullivan Appointed Chief Financial Officer; Company Reaffirms Third\nQuarter Guidance\n\nSAN JOSE, Calif., Sept. 21, 2026 /PRNewswire/ -- QuickLogic Corporation\n(NASDAQ: QUIK), a developer of embedded FPGA (eFPGA) Hard IP, Strategic\nRadiation Hardened and Antifuse FPGAs and ruggedized programmable logic\nsolutions, today announced the appointment of James Sullivan as its new Senior\nVice President of Finance and Chief Financial Officer, effective October 5,\n2026. Sullivan replaces Elias Nader, who has resigned effective as of the\nclose of business September 18, 2026, to pursue other opportunities.\n\n\"We thank Elias for his contributions over the past four years,\" said Brian\nFaith, CEO of QuickLogic. \"The entire QuickLogic team remains focused on\nexecuting against our strategic priorities and advancing the growth\nopportunities before us in eFPGA IP, antifuse FPGA technology, and our\nStorefront business. Our previously announced third quarter 2026 guidance\nremains unchanged. We wish Elias the very best in his next chapter and\nappreciate his continued support during the transition.\"\n\n\"I am also pleased to welcome James Sullivan to QuickLogic,\" added Mr. Faith.\n\"Jim is a seasoned semiconductor public company CFO with deep technical\nfinancial expertise and extensive experience helping innovative semiconductor\ncompanies achieve their growth objectives. His strong background across\nadvanced wireless, aerospace, defense, and autonomous systems markets aligns\nwell with QuickLogic's expanding opportunities in eFPGA IP, antifuse FPGA\ntechnology, and Storefront solutions. As we continue executing our strategy,\nJim's track record building scalable financial and operational infrastructure\nwill help position QuickLogic for long-term growth and value creation.\"\n\nMr. Sullivan most recently served as Chief Financial Officer for Peraso Inc.,\na publicly traded semiconductor company pioneering high-performance mmWave\nwireless technology, offering chipsets, modules, software and IP. Before\njoining Peraso, he spent 14 years as Chief Financial Officer of MoSys, Inc., a\npublicly traded fabless semiconductor company. He also held CFO roles at\nApptera, Inc. and at 8x8, Inc., a publicly traded SAAS provider of VoIP and\nunified communication solutions. Sullivan began his career at\nPricewaterhouseCoopers LLP. He holds a B.S. in Accounting from New York\nUniversity's Stern School of Business and is a certified public accountant.\n\nMr. Sullivan added, \"I am excited to be joining QuickLogic at such a\ntransformative time and look forward to partnering with the management team to\ncontinue our focus on financial discipline and thoughtful investment that will\nfuel our next chapter of growth, as we strive to build long-term shareholder\nvalue.\"\n\nAbout QuickLogic\nQuickLogic Corporation is a fabless semiconductor company specializing in\neFPGA Hard IP, Strategic Radiation Hardened and Antifuse FPGAs and ruggedized\nprogrammable logic solutions. QuickLogic's unique approach combines\ncutting-edge technology with open-source tools to deliver highly customizable,\nlow-power solutions for aerospace and defense, industrial, computing, and\nconsumer markets. For more information, visit www.quicklogic.com\n(http://www.quicklogic.com) .\n\nQuickLogic and logo are registered trademarks of QuickLogic. All other\ntrademarks are the property of their respective holders and should be treated\nas such.\n\nView original content to download\nmultimedia:https://www.prnewswire.com/news-releases/quicklogic-announces-chief-financial-officer-transition-302884133.html\n(https://www.prnewswire.com/news-releases/quicklogic-announces-chief-financial-officer-transition-302884133.html)\n\nSOURCE QuickLogic Corporation\n\n\n\nAlison Ziegler, Darrow Associates, Inc., ir@quicklogic.com\n\nPhoto: \nhttps://mmx.prnewswire.com/media/MS807321/QuickLogic-Logo-Logo.jpg?id=OA2959339\n\nCopyright (c) 2026 PR Newswire Association,LLC. All Rights Reserved."},"type":"article","timestamp":"2026-09-21T11:01:00.086071553Z","server_sent_at_ms":1789988460086},"received_at":"2026-09-21T11:01:00.141Z","source_url":"https://www.prnewswire.com/news-releases/quicklogic-announces-chief-financial-officer-transition-302884133.html"},"analysis":{"id":"137025","press_release_id":"148292","analysis_json":{"industry":{"label":"Semiconductors & Semiconductor Equipment","sector":"Information Technology"},"redFlags":["Outgoing CFO Elias Nader resigned effective September 18, 2026 — before the announcement and with no stated destination","Roughly two-and-a-half-week gap between the outgoing CFO's last day (Sept 18) and the incoming CFO's start (Oct 5), leaving an interim leadership window in finance"],"eventType":"executive_change","narrative":"QuickLogic appointed James Sullivan as Senior Vice President of Finance and Chief Financial Officer, effective October 5, 2026. He replaces Elias Nader, who resigned effective the close of business September 18, 2026, to pursue other opportunities.\n\nCEO Brian Faith said the company's previously announced third quarter 2026 guidance remains unchanged, with the team still focused on eFPGA IP, antifuse FPGA technology, and the Storefront business.\n\nSullivan is a seasoned semiconductor finance executive, most recently CFO of Peraso Inc. after 14 years as CFO of MoSys and earlier roles at Apptera and 8x8; he is a certified public accountant who began his career at PricewaterhouseCoopers.\n\nWith an experienced successor named and the outlook reaffirmed, the transition reads as low-risk, though a roughly two-and-a-half-week gap separates the outgoing CFO's exit from the incoming CFO's start date.","sentiment":"neutral","agentHooks":{"shouldPost":false,"suggestedAngle":"Experienced semiconductor CFO James Sullivan steps in at QUIK with Q3 2026 guidance reaffirmed — low-risk transition, but monitor the two-week interim gap and any follow-up 8-K detail."},"keyFigures":{"guidance":"Previously announced third quarter 2026 guidance remains unchanged (no figures restated in the release)","customDimensions":{"outgoingCfoLastDay":"September 18, 2026","incomingCfoStartDate":"October 5, 2026"}},"quotedText":"Our previously announced third quarter 2026 guidance\nremains unchanged.","namedEntities":{"people":[{"name":"James Sullivan","role":"Incoming Senior Vice President of Finance and Chief Financial Officer, effective October 5, 2026"},{"name":"Elias Nader","role":"Outgoing Chief Financial Officer, resigned effective close of business September 18, 2026"},{"name":"Brian Faith","role":"CEO of QuickLogic"}],"products":["eFPGA Hard IP","Strategic Radiation Hardened FPGAs","Antifuse FPGAs","Storefront"],"companies":[{"name":"QuickLogic Corporation","ticker":"QUIK","relationship":"filer"},{"name":"Peraso Inc.","relationship":"incoming CFO's most recent employer (mmWave semiconductor company)"},{"name":"MoSys, Inc.","relationship":"incoming CFO's former employer (14 years as CFO)"},{"name":"8x8, Inc.","relationship":"incoming CFO's former employer"},{"name":"Apptera, Inc.","relationship":"incoming CFO's former employer"},{"name":"PricewaterhouseCoopers LLP","relationship":"incoming CFO's first employer"}],"dollarAmounts":[]},"materialImpact":{"score":2,"reasoning":"CFO transition at a micro-cap semiconductor company with an experienced successor already named and Q3 2026 guidance explicitly reaffirmed. Not a CEO departure, no financial metrics were disclosed or changed, and the managed handoff limits transition risk, though the outgoing CFO's resignation predates the announcement."},"tickerRelevance":{"others":[],"primary":"QUIK"},"globalImportance":20,"audienceRelevance":15,"eventTypeSecondary":["guidance_update"],"importanceComponents":{"tickerTier":"micro-cap","eventGravity":"cfo-transition-with-named-successor","isCeoDeparture":false,"issuerAuthored":true,"successorNamed":true,"guidanceReaffirmed":true}},"event_type":"executive_change","event_type_secondary":["guidance_update"],"sentiment":"neutral","material_impact_score":2,"narrative":"QuickLogic appointed James Sullivan as Senior Vice President of Finance and Chief Financial Officer, effective October 5, 2026. He replaces Elias Nader, who resigned effective the close of business September 18, 2026, to pursue other opportunities.\n\nCEO Brian Faith said the company's previously announced third quarter 2026 guidance remains unchanged, with the team still focused on eFPGA IP, antifuse FPGA technology, and the Storefront business.\n\nSullivan is a seasoned semiconductor finance executive, most recently CFO of Peraso Inc. after 14 years as CFO of MoSys and earlier roles at Apptera and 8x8; he is a certified public accountant who began his career at PricewaterhouseCoopers.\n\nWith an experienced successor named and the outlook reaffirmed, the transition reads as low-risk, though a roughly two-and-a-half-week gap separates the outgoing CFO's exit from the incoming CFO's start date.","key_figures":{"guidance":"Previously announced third quarter 2026 guidance remains unchanged (no figures restated in the release)","customDimensions":{"outgoingCfoLastDay":"September 18, 2026","incomingCfoStartDate":"October 5, 2026"}},"named_entities":{"people":[{"name":"James Sullivan","role":"Incoming Senior Vice President of Finance and Chief Financial Officer, effective October 5, 2026"},{"name":"Elias Nader","role":"Outgoing Chief Financial Officer, resigned effective close of business September 18, 2026"},{"name":"Brian Faith","role":"CEO of QuickLogic"}],"products":["eFPGA Hard IP","Strategic Radiation Hardened FPGAs","Antifuse FPGAs","Storefront"],"companies":[{"name":"QuickLogic Corporation","ticker":"QUIK","relationship":"filer"},{"name":"Peraso Inc.","relationship":"incoming CFO's most recent employer (mmWave semiconductor company)"},{"name":"MoSys, Inc.","relationship":"incoming CFO's former employer (14 years as CFO)"},{"name":"8x8, Inc.","relationship":"incoming CFO's former employer"},{"name":"Apptera, Inc.","relationship":"incoming CFO's former employer"},{"name":"PricewaterhouseCoopers LLP","relationship":"incoming CFO's first employer"}],"dollarAmounts":[]},"model_name":"glm-5.3-flash","prompt_hash":"sha256:727b4b9429a443af","schema_hash":"sha256:05005c02d9cffac9","created_at":"2026-09-21T11:35:02.036Z","global_importance":20,"audience_relevance":15,"importance_components":{"tickerTier":"micro-cap","eventGravity":"cfo-transition-with-named-successor","isCeoDeparture":false,"issuerAuthored":true,"successorNamed":true,"guidanceReaffirmed":true}},"durationMs":171169,"modelName":"glm-5.3-flash"}}