QuickLogic Names James Sullivan CFO as Elias Nader Resigns; Reaffirms Q3 Guidance

QuickLogic Corp. (QUIK) said Monday that James Sullivan will become Senior Vice President of Finance and Chief Financial Officer, effective October 5, 2026, succeeding Elias Nader, who resigned. The semiconductor company reaffirmed its third-quarter guidance alongside the transition announcement. Sullivan will oversee the company's finance organization as QuickLogic continues its focus on embedded FPGA and sensor processing products. The company did not disclose a reason for Nader's departure. QuickLogic did not provide additional financial terms or details on the succession process. The reaffirmed Q3 guidance indicates no change to previously issued quarterly targets.