QuickLogic Corporation announced that Radhika Krishnan has stepped down from its Board of Directors effective March 31, 2024 in order to focus on her operator role at Amazon Web Services. Ms. Krishnan has served on QuickLogic's Board since 2021. She served as a member of the Compensation Committee and Nominating and Corporate Governance Committee and was a Class III Director.
Effective upon Ms. Krishnan's resignation as a director, the size of the Company's Board of Directors was reduced from seven to six directors. Ms. Krishnan's departure, the reduction in the size of the Board and the Board committees and the reduction of the number of Class III directors does not impact the Company's compliance with Nasdaq Listing Rules.