LANTRONIX, INC. (NASDAQ:LTRX) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain OfficersItem 5.02
On August 7, 2018, Daryl Miller notified Lantronix, Inc. (the “Company”), that he would retire from his position as Vice President of Engineering of the Company, effective as of September 7, 2018, at which time his employment with the Company will cease. Mr. Miller will continue to receive his current base salary and current benefits until he retires.
On August 10, 2018, the Company announced that Fathi Hakam has joined the company to succeed Mr. Miller as the Company’s new Vice President of Engineering. A copy of the Company’s press release announcing Mr. Miller’s retirement and the hiring of Mr. Hakam is filed as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by reference.
|Item 9.01||Financial Statements and Exhibits.|
|99.1||Press Release dated August 10, 2018.|
LANTRONIX INC ExhibitEX-99.1 2 lantronix_8k-ex9901.htm PRESS RELEASE Exhibit 99.1 Lantronix Announces Engineering Leadership Change to Support its Next Phase of Growth Irvine,…To view the full exhibit click
About LANTRONIX, INC. (NASDAQ:LTRX)
Lantronix, Inc. is a provider of secure data access and management solutions for Internet of things (IoT) and information technology (IT) assets. The Company organizes its products and solutions into three product lines, including IoT, IT Management and Other. Its IoT products consist of IoT Gateways and IoT Building Blocks. The Company’s IT Management product line includes console management, power management and keyboard video mouse (KVM), products that provide remote out-of-band management (OOBM) access to IT and networking infrastructure deployed in test labs, data centers and server rooms. Its Other product line includes non-focus products, such as the xPrintServer, xSenso and WiBox. Its connectivity solutions serves a range of industries, including data center, medical, security, environmental and government. The Company conducts its business in approximately three geographic regions, including the Americas; Europe, Middle East and Africa (EMEA), and Asia Pacific Japan (APJ).