QuickLogic CFO Elias Nader resigns; James Sullivan named successor effective October 5
QuickLogic said CFO Elias Nader resigned effective September 18, 2026, to pursue other opportunities, and appointed James Sullivan, former CFO of Peraso Inc., as Senior Vice President of Finance and Chief Financial Officer effective October 5, 2026. The company said Nader's departure was not related to any disagreement on accounting, operating policies or practices, and that its previously announced third quarter 2026 guidance remains unchanged. The filing reports no new financial results, so the change replaces the finance chief without altering the company's stated outlook.
Key points
- Elias Nader resigned as CFO effective close of business September 18, 2026, to pursue other opportunities.
- James Sullivan, 58, becomes CFO effective October 5, 2026, and will also serve as principal financial and accounting officer.
- Sullivan's offer letter sets a base salary of $340,000, a 50% target incentive bonus, a $10,000 signing bonus and $600,000 in restricted stock units, subject to Compensation Committee approval.
- QuickLogic reaffirmed its third quarter 2026 guidance, which the company said remains unchanged.
The filing
Written by AI on Nov 9, 2026, 8:29 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on September 21, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.