Atmel investors defeat former CEO's corporate shake-up attempt

Taylor, Colleen
May 2007
Electronic News;5/28/2007, Vol. 53 Issue 22, p12
Trade Publication
The article reports on the decision of investors to reject the corporate revamp campaign proposed by California-based Atmel Corp. chief executive officer (CEO) George Perlegos. He sought to replace the five board members of the company. Perlegos was dismissed from his post as CEO in August 2006. President and CEO Steven Laub stated that the shareholders can continue to have confidence in the commitment of the company to implement additional strategic and operational actions throughout 2007.


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