Earlier roles on record: CEO and Board Member at Semtech Corp (SMTC) until June 29, 2023. Semtech Corp reported in an 8-K filed June 9, 2023 that Mohan Maheswaran retired as member of the Board, effective June 29, 2023. Semtech Corp reported in an 8-K filed June 9, 2023 that Mohan Maheswaran retired as President and Chief Executive Officer, effective June 29, 2023. The proxy statement of Semtech Corp reports total compensation of $7,757,751 for Mohan Maheswaran in fiscal 2024, including a base salary of $328,846. Disclosed compensation is on record for 3 fiscal years. Mohan Maheswaran has spoken on 17 earnings calls across 1 company, most recently for Semtech Corp on June 7, 2023. The companies whose calls Mohan Maheswaran spoke on are classified in the Technology sector.
“Mohan Maheswaran’s retirement as the Company’s President and Chief Executive Officer, and as a member of the Board, will be effective June 29, 2023.”
“On May 30, we announced that Paul Pickle will join as the new President and Chief Executive Officer for Semtech. I will ensure a smooth transition with Paul and support him and the board as needed for the next 16 months.”
“I'd like to briefly comment on my intention to retire from Semtech. The last 17 years have been an incredible journey for me, and I'm very proud of the growth and transformation of Semtech and our many accomplishments during this time.”
“Let me begin by providing a brief update on our proposed acquisition of Sierra Wireless. I will then share details of our Q3 fiscal year 2023 performance by product group, and then provide details on our outlook for Q4.”
“I will now discuss our Q2 fiscal year 2023 performance by product group and provide our outlook for Q3 of fiscal year 2023. In Q2 fiscal year 2023, net revenue was a record $209.3 million, representing a 3.5% sequential increase and a 13% year-on-year growth.”
“I will now discuss our Q1 fiscal year '23 performance by product group and provide our outlook for Q2 of fiscal year '23. Our Q1 of fiscal year '23 net revenues of $202.1 million represented a 6% sequential increase and a 19% year-on-year growth and represented another exciting Semtech record.”
