CEO Paul Pickle resigns to lead Semtech; CFO Whitaker named interim CEO

LANTRONIX INC

Paul Pickle resigns as President, CEO, and director effective between June 8-29, 2023.
Pickle is leaving to become CEO of Semtech Corporation (NASDAQ: SMTC).
CFO Jeremy Whitaker will serve as interim CEO if no permanent replacement is appointed by Pickle's last day.
Company reiterated fiscal 2024 revenue guidance of $175-185 million, up from $47M in FY2019.

item 5.02 item 8.01 item 9.01

Executive movements

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Departed

Paul Pickle

President and Chief Executive Officer

LTRX · LANTRONIX INC

Successor: Jeremy Whitaker
Filed: May 30, 2023, 7:59 PM ET

On May 25, 2023, Paul Pickle informed the Board of Directors (the “Board”) of Lantronix, Inc. (the “Company”) that he will be resigning from his roles as President and Chief Executive Officer of the Company and as a member of the Board

Appointed (interim)

Jeremy Whitaker

Interim Chief Executive Officer

LTRX · LANTRONIX INC

Filed: May 30, 2023, 7:59 PM ET

the Company announced that, if a new Chief Executive Officer has not been appointed by Mr. Pickle’s last day with the Company, Jeremy Whitaker, age 53, will serve as interim Chief Executive Officer of the Company until the appointment of a new permanent Chief Executive Officer.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Paul Pickle departed as President and Chief Executive Officer at LANTRONIX INC.

Action: resigning
Role: President and Chief Executive Officer

Exact text from the filing

On May 25, 2023, Paul Pickle informed the Board of Directors (the “Board”) of Lantronix, Inc. (the “Company”) that he will be resigning from his roles as President and Chief Executive Officer of the Company and as a member of the Board

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.7

Jeremy Whitaker was appointed as Interim Chief Executive Officer at LANTRONIX INC.

Action: appointed as interim CEO
Role: Interim Chief Executive Officer

Exact text from the filing

the Company announced that, if a new Chief Executive Officer has not been appointed by Mr. Pickle’s last day with the Company, Jeremy Whitaker, age 53, will serve as interim Chief Executive Officer of the Company until the appointment of a new permanent Chief Executive Officer.

View on SEC.gov

LANTRONIX INC filing history →

Source: SEC EDGAR

accession 0001683168-23-003751

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