TITLE

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

AUTHOR(S)
Taylor, Colleen
PUB. DATE
May 2007
SOURCE
Electronic News;5/28/2007, Vol. 53 Issue 22, p12
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
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.
ACCESSION #
25294942

 

Related Articles

  • Atmel urges shareholders to vote down Perlegos' corporate shake-up campaign. Taylor, Colleen // Electronic News;4/30/2007, Vol. 53 Issue 18, p21 

    The article reports on the efforts of Atmel Corp. to dissuade shareholders from voting in favor of the restructuring campaign by former chief executive officer (CEO) George Perlegos. Perlegos was dismissed for the alleged misuse of corporate travel funds. Perlegos filed a proposal with the...

  • Ousted Atmel CEO Perlegos files SEC proxy in campaign to revamp company's board. Taylor, Colleen // Electronic News;4/23/2007, Vol. 53 Issue 17, p9 

    This article reports on a definitive proxy statement that was filed by George Perlegos, former chief executive officer of Atmel Corp., with the U.S. Securities and Exchange Commission in connection with his planned campaign to replace five of the company's current board directors with his chosen...

  • Ousted Atmel exec seeks to replace board. Taylor, Colleen // Electronic News;3/19/2007, Vol. 53 Issue 12, p43 

    The article reports on the request of George Perlegos, the ousted president, chief executive officer and chairman of Atmel Corp. to replace the company's board members who ousted him. Perlegos said he plans to file a preliminary proxy statement with the U.S. Securities and Exchange Commission...

  • Perlegos files suit against Atmel; claims company overstated restructuring plan benefits. Taylor, Colleen // Electronic News;4/16/2007, Vol. 53 Issue 16, p41 

    The article reports on the move of former Atmel Corp. chairman and chief executive officer (CEO) George Perlegos to file an answer and counterclaim in the U.S. District Court in the northern district of California to a lawsuit filed against him alleging the violation of federal securities laws....

  • Atmel 2004 Results Mixed.  // Electronic News;2/7/2005, Vol. 51 Issue 6, pN.PAG 

    Presents the financial performance of electronic chip manufacturer Atmel as of 2004. Revenue of the company; Total net loss; Statement issued by George Perlegos, president and CEO of Atmel.

  • Atmel Ousts CEO, Other Execs.  // Electronic News;8/14/2006, Vol. 52 Issue 33, p3 

    The article reports on the decision of Atmel Corp.'s board of directors to dismissed its president and CEO George Perlegos and its executive vice president Gust Perlegos in 2006. The executives were dismissed after being involved with the misuse of corporate travel funds. The board has appointed...

  • Atmel board pledges to maximize stockholder value. Taylor, Colleen // Electronic News;5/14/2007, Vol. 53 Issue 20, p6 

    The article focuses on an open letter from Atmel Corp. which highlights Chief Executive Officer George Perlegos' faults and promising to enact its own plan for increased profitability. The letter also pointed at the company's sale of its Texas manufacturing facility, as well as the sales of two...

  • Atmel board nominees change tactics as shareholder vote nears. Taylor, Colleen // Electronic News;5/14/2007, Vol. 53 Issue 20, p20 

    The article reports that the additions to Atmel Corp.'s board of directors nominated by ousted Chief Executive Officer (CEO) George Perlegos have changed their tactics in a move to up their chances of getting shareholder approval to gain control over the integrated circuit (IC) maker. Perlegos...

  • Atmel Up Over Last Year.  // Electronic News;11/1/2004, Vol. 50 Issue 44, pN.PAG 

    Reports on the financial results of advanced semiconductor maker Atmel for the third quarter of 2004. Net loss of the company; Remarks from George Perlegos, president of Atmel, on the different businesses of the company; Sales growth of the microcontroller business of the company.

Share

Read the Article

Courtesy of VIRGINIA BEACH PUBLIC LIBRARY AND SYSTEM

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics