INTEGRATED DEVICE TECHNOLOGY, INC. (NASDAQ:IDTI) Files An 8-K Other Events

INTEGRATED DEVICE TECHNOLOGY, INC. (NASDAQ:IDTI) Files An 8-K Other Events
Item 8.01.Other Events.

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On August 18, 2017, John Schofield resigned from his role as Chairman of the Board of Directors of Integrated Device Technology, Inc. (the “Company”). As previously disclosed in the Company’s 2017 Annual Meeting of Stockholders Proxy Statement, filed with the Securities and Exchange Commission on July 28, 2017, Mr. Schofield has elected not to stand for re-election to the Board of Directors at the Company’s Annual Meeting of Stockholders on September 25, 2017. Mr. Schofield will continue to serve on the Company’s Board of Directors until such time as the Company’s 2017 Annual Meeting of Stockholders. Mr. Schofield’s resignation from the Chairman role is in anticipation of his upcoming retirement.

Effective August 18, 2017, Ken Kannappan was appointed Chairman of the Board of Directors. Mr. Kannappan has served on the Company’s Board of Directors since January 2015, and he previously served on the Company’s Board of Directors, including in the role of Chairman, from 2000 to 2008. Mr. Kannappan will receive the standard director compensation arrangements for the Chairman of the Board of Directors as described in the Company’s 2017 Annual Meeting of Stockholders Proxy Statement.


About INTEGRATED DEVICE TECHNOLOGY, INC. (NASDAQ:IDTI)

Integrated Device Technology, Inc. develops system-level solutions that optimize its customers’ applications. The Company operates through two segments: the Communications, and the Computing, Consumer and Industrial. It offers products in radio frequency (RF), timing, wireless power transfer, serial switching, interfaces and sensing solutions. It offers a range of mixed-signal solutions for the communications, computing, consumer, automotive and industrial segments. These products are used for development in areas, such as fourth generation (4G) infrastructure, network communications, cloud datacenters and power management for computing and mobile devices. It offers solutions in designing communications, computing, consumer, automotive and industrial applications. It markets its products to original equipment manufacturers (OEMs) through a range of channels, including direct sales, distributors and electronic manufacturing suppliers (EMSs).

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