On September 23, 2019, the Board of Directors (the “Board”) of Maxim Integrated Products, Inc. (the “Company”) appointed Mercedes Johnson as a director of the Company effective immediately. The Board also appointed Ms. Johnson as a member of the Audit Committee effective immediately.

Ms. Johnson served as interim Chief Financial Officer at Intersil Corporation in 2013. From 2010 to 2011, she was Vice President and Chief Financial Officer at Tri Alpha Energy. Prior to this, Ms. Johnson served as a Founding Executive, Senior Vice President of Finance, and Chief Financial Officer of Avago Technologies (now Broadcom) from December 2005 to August 2008. She also served as the Senior Vice President, Finance of Lam Research Corporation from June 2004 to January 2005 and as Lam’s Chief Financial Officer from May 1997 to May 2004. Ms. Johnson holds a degree in Accounting from the University of Buenos Aires, Argentina and currently serves on the Board of Directors for Teradyne, Inc., Synopsys, Inc., and Millicom International Cellular SA. She also served on the Board of Directors for Juniper Networks, Inc. from May 2011 to May 2019, Micron Technology, Inc. from June 2005 to January 2019, Intersil Corporation from August 2005 to February 2017, and Storage Technology Corporation from January 2004 to August 2005.

Ms. Johnson will receive the same compensation as other non-employee directors as described in the Company’s Proxy Statement under “Director Compensation.” In addition, the Company has entered into the Company’s standard indemnification agreement with Ms. Johnson, the form of which was filed as an exhibit to the Company’s Annual Report on Form 10-K for the year ended June 25, 2005.

There are no arrangements or understandings between Ms. Johnson and any other person to which either was elected as a director of the Company, and there is no information required to be disclosed with respect to Ms. Johnson to Item 404(a) of Regulation S-K.

On September 24, 2019, the Company issued a press release announcing the appointment of Ms. Johnson to the Board. A copy of the press release is attached as Exhibit 99.1 to this Current Report on Form 8-K.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits.

EXHIBIT INDEX

MAXIM INTEGRATED PRODUCTS INC Exhibit
EX-99.1 2 maximnewboardmemberpressre.htm EXHIBIT 99.1 Exhibit News ReleaseContact:Media Relations: Investor Relations:  Ferda Millan Kathy Ta  408-601-5429 408-601-5697  [email protected] [email protected]              Mercedes Johnson Appointed to Maxim’s Board of Directors and Audit CommitteeSan Jose,…
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About MAXIM INTEGRATED PRODUCTS, INC. (NASDAQ:MXIM)

Maxim Integrated Products, Inc. is engaged in designing, developing, manufacturing and marketing a range of linear and mixed-signal integrated circuits, referred to as analog circuits. The Company also provides a range of high-frequency process technologies and capabilities for use in custom designs. The Company caters to automotive, communications and data center, computing, consumer and industrial markets. It offers a range of products, such as switching regulators, battery management, isolated power, charge pumps, linear regulators, light emitting diode (LED) drivers, motor driver integrated circuits (ICs), monitors and sequencers, transceivers, controllers and expanders, level translators, signal line protection ICs, broadband switches, powerline communications, real-time clocks, embedded security, microcontrollers, 1-Wire, iButton, data loggers, clock generation and distribution, memory products, optical, signal integrity, high-speed signaling, and display power and control.