MICHAEL R. FARESE - Corporate Board Profile

QUICKLOGIC Corp

Filing Date	Source Excerpt
2009-03-12	Michael R. Farese has served as a member of our Board of Directors since April 2008. He serves on Nominating and Corporate Governance Committee (joined April 2008) and Compensation Committee. Director compensation table shows total $27,880 for 2008.
2010-03-15	Michael R. Farese has served as a member of our Board of Directors since April 2008. ... The table shows current membership for each of the standing committees. Michael R. Farese is on Audit Committee and Nominating and Corporate Governance Committee. ... The following table sets forth the annual compensation paid or accrued by the Company to or on behalf of the directors of the Company other than the Chief Executive Officer for the fiscal year ended January 3, 2010. Michael R. Farese received total compensation of $31,225.
2011-03-14	Michael R. Farese has served as a member of our Board of Directors since April 2008. He is a member of the Audit Committee and the Nominating and Corporate Governance Committee. The table below shows current membership for each of the standing committees. Michael R. Farese is listed under Audit Committee and Nominating and Corporate Governance Committee.
2012-03-09	Michael R. Farese has served as a member of our Board of Directors since April 2008. ... Mr. Farese has extensive executive experience and knowledge of the wireless industry. ... He serves on Audit, Nominating and Corporate Governance, and Compensation Committees. ... Compensation of Non-Employee Directors table shows total compensation of $42,809 for 2011.
2013-03-08	Michael R. Farese has served as a member of our Board of Directors since April 2008. ... The table below shows current membership for each of the standing committees. ... Michael R. Farese is a member of the Audit Committee and the Nominating and Corporate Governance Committee. ... The following table sets forth the annual compensation paid or accrued by the Company to or on behalf of the non-employee directors of the Company for the fiscal year ended December 30, 2012. ... Michael R. Farese received total compensation of $46,650.
2014-03-07	Michael R. Farese has served as a member of our Board of Directors since April 2008. ... The table below shows current membership for each of the standing committees. Audit Committee: Michael R. Farese, Nominating and Corporate Governance Committee: Michael R. Farese. ... Compensation of Non-Employee Directors: Michael R. Farese Total: $40,321
2015-03-09	Michael R. Farese (Ph.D) has served as a member of our Board of Directors since April 2008. Since January 2015, Dr. Farese has served as Chief Scientist at Antenna79... Dr. Farese has extensive executive experience and knowledge of the wireless industry... The table below shows current membership for each of the standing committees... Michael R. Farese is Chairman of the Nominating and Corporate Governance Committee and Lead Independent Director... Compensation Committee has served as members of the Compensation Committee since August 2014... The following table sets forth the annual compensation paid or accrued by the Company to or on behalf of the non-employee directors of the Company for the fiscal year ended December 28, 2014... Michael R. Farese received $29,050 in fees and $19,821 in option awards, totaling $48,871.
2016-03-18	Michael R. Farese has served as a member of our Board of Directors since April 2008. ... Dr. Farese has extensive executive experience and knowledge of the wireless industry ... The following table sets forth the annual compensation paid or accrued by the Company to or on behalf of the non-employee directors of the Company for the fiscal year ended January 3, 2016. ... Michael R. Farese Fees Earned or Paid in Cash $31,000, Stock Awards $33,000, Total $64,000. ... Committees: Audit Committee, Nominating and Corporate Governance Committee, Compensation Committee.
2017-03-16	Dr. Farese has served as the Chairman of the Nominating and Corporate Governance Committee of our Board since August 2014 and as our Lead Independent Director since January 2015.
2018-03-16	Michael R. Farese (Ph.D.) has been serving as a member of our Board of Directors since April 2008. Dr. Farese has served as the Chairman of the Nominating and Corporate Governance Committee of our Board since August 2014 and as our Lead Independent Director since January 2015. The table below shows current membership for each of the standing committees. Michael R. Farese is a member of the Audit Committee, Nominating and Corporate Governance Committee, and Compensation Committee. The annual compensation paid to Michael R. Farese as a non-employee director for the fiscal year ended December 31, 2017 was $33,500 in fees earned or paid in cash and $13,000 in stock awards, totaling $46,500.
2019-03-15	Michael R. Farese (Ph.D.) has been serving as a member of our Board of Directors since April 2008. In January 2015, Dr. Farese joined Antenna79, a consumer electronics company creating advanced antenna technology for wireless devices, where he held the position of Chief Scientist until December 2016 when Antenna79 was acquired. From June 2010 to December 2014, Dr. Farese served as Chief Technology Officer and Senior Vice President of Global Engineering at Entropic Communications Inc., a fabless semiconductor company that designs, develops and markets system solutions to enable connected home entertainment. From September 2007 to May 2010, he was President and Chief Executive Officer and member of the Board of Directors of BitWave Semiconductor, Inc., a fabless semiconductor company and innovator of programmable radio frequency ICs. From September 2005 to September 2007, Dr. Farese was Senior Vice President, Engineering, of Palm, Inc., a leading mobile products company. Dr. Farese also served as President and Chief Executive Officer of WJ Communications, a radio frequency (RF) semiconductor company, from March 2002 to July 2005 and President and CEO of Tropian Inc., a developer of high efficiency RF ASICs for 2.5 and 3G cellular phones, from October 1999 to March 2002. Priorto that time, Dr. Farese held senior management positions at Motorola Corp., Ericsson Inc., Nokia Corp. and ITT Corp. Dr. Farese also held management positions at AT&T Corp. and Bell Laboratories, Inc. and has been in the telecommunications and semiconductor industry for more than 40 years. Dr. Farese also served on the board of PMC-Sierra, Inc., an Internet infrastructure semiconductor solution provider, from May 2006 until its acquisition in January 2016 by Microsemi Corp.Dr. Farese holds a B.S. degree and a Ph.D. in Electrical Engineering from Rensselaer Polytechnic Institute. He also received his M.S. degree in Engineering from Princeton University. Dr. Farese has extensive executive experience and knowledge of the wireless industry, cellular handsets and wireless devices, and the use of semiconductors for the wireless industry. His business acumen and strong technical and strategic planning skills bring an invaluable perspective to the Board. The Audit Committee of the Board of Directors has appointed Moss Adams LLP (“Moss Adams”), an independent registered public accounting firm, to audit QuickLogic’s consolidated financial statements for the fiscal year ending December 29, 2019 and, as a matter of good corporate governance, seeks ratification of such appointment. In the event of a negative vote on such ratification, the Audit Committee will reconsider its appointment. Representatives of Moss Adams are expected to be present at the 2019 Annual Meeting of Stockholders, will have the opportunity to make a statement if they desire to do so, and are expected to be available to respond to appropriate questions. The Audit Committee held four meetings in 2018. Ms. Russell has served as Chairman of the Audit Committee since April 2006. Dr. Farese and Mr. Krueger have served as members of the Audit Committee since February 2010. Each member meets the independence requirements of the SEC and Nasdaq Global Market. The Board of Directors has determined that Ms. Russell is an Audit Committee Financial Expert as defined by Item 407(d)(5) of Regulation S-K. The Audit Committee has sole and direct authority to select, evaluate and compensate our independent registered public accounting firm, and it reviews and approves in advance all audit, audit related and non-audit services, and the related fees, provided by the independent registered public accounting firm (to the extent those services are permitted by the Securities Exchange Act of 1934, as amended). The Audit Committee meets with our management and appropriate financial personnel regularly to consider the adequacy of our internal controls and financial reporting process and the reliability of our financial reports to the public. The Audit Committee also meets with the independent registered public accounting firm regarding these matters. The Audit Committee has established a Financial Information Integrity Policy, pursuant to which QuickLogic can receive, retain and treat employee complaints concerning questionable accounting, internal control or auditing matters, or the reporting of fraudulent financial information. The Audit Committee examines the independence and performance of our independent registered public accounting firm. In addition, among its other responsibilities, the Audit Committee reviews our critical accounting policies, our annual and quarterly reports on Forms 10-K and 10-Q, and our earnings releases before they are published. The Audit Committee has a written charter, a copy of which is available on our website, free of charge, at http://www.quicklogic.com/corporate/about-us/management. The Compensation Committee held four meetings in 2018 and acted by unanimous written consent six times during the year. Mr. Tauss has served as Chairman of the Compensation Committee since September 2004. Ms. Russell, Dr. Farese and Mr. Rabinovitsj have served as members of the Compensation Committee since February 2010, August 2014, and January 2015, respectively. Each member of the Compensation Committee meets the independence requirements of the SEC and the Nasdaq Global Market. The following table sets forth the annual compensation paid or accrued by the Company to or on behalf of the non-employee directors of the Company for the fiscal year ended December 30, 2018. Michael R. Farese $33,500 Fees Earned or Paid in Cash $18,000 Stock Awards $51,500 Total
2020-03-13	Michael R. Farese (Ph.D.) has been serving as a member of our Board of Directors since April 2008, and as our Chairman since December 6, 2019. Dr. Farese has served as the Chairman of the Nominating and Corporate Governance Committee of our Board since August 2014 and as our Lead Independent Director since January 2015. The Audit Committee held four meetings during 2019. Dr. Farese has served as a member of the Audit Committee since February 2010. The Compensation Committee held three meetings in 2019 and acted by unanimous written consent two times during the year. Dr. Farese has served as a member of the Compensation Committee since August 2014. The following table sets forth the annual compensation paid or accrued by the Company to or on behalf of the non-employee directors of the Company for the fiscal year ended December 29, 2019. Michael R. Farese received $35,794 in fees earned or paid in cash and $19,800 in stock awards, totaling $55,594.
2021-03-29	Michael R. Farese (Ph.D.) has been serving as a member of our Board of Directors since April 2008, and as our Chairman since December 6, 2019. Dr. Farese also served as Chairman of the Nominating and Corporate Governance Committee from August 2014 until February 2021. ... The table below shows current membership for each of the standing committees. ... Michael R. Farese is listed as Lead Independent Director. ... Compensation of Non-Employee Directors table shows Michael R. Farese received $56,300 in fees and $25,872 in stock awards, totaling $82,172.
2023-03-29	Michael R. Farese (Ph.D.) has been serving as a member of our Board of Directors since April 2008, and as our Chairman since December 6, 2019. Dr. Farese also served as Chairman of the Nominating and Corporate Governance Committee from August 2014 until February 2021. In January 2015, Dr. Farese joined Antenna79, a consumer electronics company creating advanced antenna technology for wireless devices, where he held the position of Chief Scientist until December 2016 when Antenna79 was acquired. From June 2010 to December 2014, Dr. Farese served as Chief Technology Officer and Senior Vice President of Global Engineering at Entropic Communications Inc., a fabless semiconductor company that designs, develops, and markets system solutions to enable connected home entertainment. From September 2007 to May 2010, he was President and Chief Executive Officer and member of the Board of Directors of BitWave Semiconductor, Inc., a fabless semiconductor company and innovator of programmable radio frequency ICs. From September 2005 to September 2007, Dr. Farese was Senior Vice President, Engineering, of Palm, Inc., a leading mobile products company. Dr. Farese also served as President and Chief Executive Officer of WJ Communications, a radio frequency (RF) semiconductor company, from March 2002 to July 2005 and President and CEO of Tropian Inc., a developer of high efficiency RF ASICs for 2.5 and 3G cellular phones, from October 1999 to March 2002. Prior to that time, Dr. Farese held senior management positions at Motorola Corp., Ericsson Inc., Nokia Corp., and ITT Corp. Dr. Farese also held management positions at AT&T Corp. and Bell Laboratories, Inc. and has been in the telecommunications and semiconductor industry for more than 40 years. Dr. Farese also served on the board of PMC-Sierra, Inc., an Internet infrastructure semiconductor solution provider, from May 2006 until its acquisition in January 2016 by Microsemi Corp. Dr. Farese holds a B.S. degree and a Ph.D. in Electrical Engineering from Rensselaer Polytechnic Institute. He also received his M.S. degree in Engineering from Princeton University. Dr. Farese has extensive executive experience and knowledge of the wireless industry, cellular handsets and wireless devices, and the use of semiconductors for the wireless industry. His business acumen and strong technical and strategic planning skills bring an invaluable perspective to the Board. Compensation of Non-Employee Directors The following table sets forth the annual compensation paid or accrued by the Company to or on behalf of the non-employee directors of the Company for the fiscal year ended January 1, 2023. Michael R. Farese $56,300 Fees Earned or Paid in Cash, $53,560 Stock Awards, $109,860 Total.
2024-03-28	Michael R. Farese has been serving as a member of our Board of Directors since April 2008, and as our Chairman since December 6, 2019. Dr. Farese also served as Chairman of the Nominating and Corporate Governance Committee from August 2014 until February 2021 and as QuickLogic lead independent director. The following table sets forth the annual compensation paid or accrued by the Company to or on behalf of the non-employee directors of the Company for the fiscal year ended December 31, 2023. Michael R. Farese $56,300 fees earned or paid in cash, $58,911 stock awards, total $115,211.
2025-03-27	Michael R. Farese (Ph. D) has been serving as a member of our Board of Directors since April 2008, and as our Chairman since December 6, 2019. ... Dr. Farese also served as Chairman of the Nominating and Corporate Governance Committee from August 2014 until February 2021 and as QuickLogic lead independent director. ... The Audit Committee held five meetings in 2024. Dr. Farese has served as a member of the Audit Committee since February 2010. ... The Compensation Committee held four meetings in 2024. Dr. Farese has served as a member of the Compensation Committee since August 2014. ... The Nominating and Corporate Governance Committee held one meeting in 2024. Dr. Farese has served as a member of the Nominating and Corporate Governance Committee since 2008. ... The following table sets forth the annual compensation paid or accrued by the Company to or on behalf of the non-employee directors of the Company for the fiscal year ended December 29, 2024. ... Michael R. Farese Fees Earned or Paid in Cash ($) 54,876, Stock Awards ($) 60,971, Total ($) 115,847.