Lattice Semiconductor Appoints New CFO
Ticker: LSCC · Form: 8-K · Filed: Jun 3, 2024 · CIK: 855658
| Field | Detail |
|---|---|
| Company | Lattice Semiconductor Corp (LSCC) |
| Form Type | 8-K |
| Filed Date | Jun 3, 2024 |
| Risk Level | medium |
| Pages | 3 |
| Reading Time | 3 min |
| Sentiment | neutral |
Sentiment: neutral
Topics: executive-appointment, cfo, personnel-change
Related Tickers: LSCC
TL;DR
Lattice Semiconductor just hired a new CFO, Judy Kersey, starting June 3rd. Big changes ahead?
AI Summary
On May 31, 2024, Lattice Semiconductor Corporation announced the appointment of Ms. Judy Kersey as its new Chief Financial Officer, effective June 3, 2024. Ms. Kersey will receive an annual base salary of $450,000 and will be eligible for equity awards and other compensation as outlined in the company's executive compensation plans. This appointment follows the departure of Ms. Sherri Luther from her role as CFO.
Why It Matters
A change in CFO can signal shifts in financial strategy or management priorities, impacting investor confidence and the company's financial reporting.
Risk Assessment
Risk Level: medium — A CFO transition can introduce uncertainty regarding future financial strategies and performance.
Key Numbers
- $450,000 — CFO Base Salary (Annual compensation for the new Chief Financial Officer, Judy Kersey.)
Key Players & Entities
- Lattice Semiconductor Corporation (company) — Registrant
- Judy Kersey (person) — Newly appointed Chief Financial Officer
- Sherri Luther (person) — Departing Chief Financial Officer
- $450,000 (dollar_amount) — Annual base salary for new CFO
- May 31, 2024 (date) — Date of report and announcement
- June 3, 2024 (date) — Effective date for new CFO
FAQ
Who is the new Chief Financial Officer of Lattice Semiconductor?
Ms. Judy Kersey has been appointed as the new Chief Financial Officer, effective June 3, 2024.
What is the effective date of the new CFO's appointment?
The appointment of Ms. Judy Kersey as CFO is effective June 3, 2024.
What is the annual base salary for the new CFO?
Ms. Judy Kersey's annual base salary will be $450,000.
Who is the previous CFO?
Ms. Sherri Luther was the previous Chief Financial Officer.
What is the company's principal executive office address?
The company's principal executive offices are located at 5555 NE Moore Court, Hillsboro, Oregon 97124.
Filing Stats: 822 words · 3 min read · ~3 pages · Grade level 12 · Accepted 2024-06-03 16:01:23
Filing Documents
- lscc20240603_8k.htm (8-K) — 34KB
- ex_682940.htm (EX-99.1) — 12KB
- 0001437749-24-019022.txt ( ) — 180KB
- lscc-20240531.xsd (EX-101.SCH) — 3KB
- lscc-20240531_def.xml (EX-101.DEF) — 11KB
- lscc-20240531_lab.xml (EX-101.LAB) — 15KB
- lscc-20240531_pre.xml (EX-101.PRE) — 11KB
- lscc20240603_8k_htm.xml (XML) — 3KB
01. Regulation FD Disclosure
Item 7.01. Regulation FD Disclosure . On June 3, 2024, the Company issued a press release announcing the transition and appointments described in this Current Report on Form 8-K. A copy of the press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K. The information set forth under this Item 7.01, including Exhibit 99.1 attached hereto, shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, regardless of any general incorporation language in such filing, unless expressly incorporated by specific reference in such filing.
01. Financial Statements and Exhibits
Item 9.01. Financial Statements and Exhibits. (d) Exhibits The following exhibits are being furnished herewith: Exhibit No. Description 99.1 Press Release, dated June 3, 2024 (furnished herewith). 104 Cover Page Interactive Data File (formatted as Inline XBRL). 2
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. LATTICE SEMICONDUCTOR CORPORATION By: /s/ Tracy Feanny Date: June 3, 2024 Tracy Feanny Senior Vice President and General Counsel EXHIBIT INDEX Exhibit No. Description 99.1 Press Release, dated June 3, 2024 (furnished herewith). 104 Cover Page Interactive Data File (formatted as Inline XBRL). 3