Cypress Board Member J. Daniel McCranie to Retire in 2019
Summary
SAN JOSE, Calif.--( BUSINESS WIRE )--Cypress Semiconductor Corp. (NASDAQ: CY), a leader in embedded solutions, today announced that J. Daniel McCranie has informed the company of his decision to retire from the Board of Directors and not stand for re-election at the Company’s Annual Meeting of Stockholders in May 2019.“On behalf of the entire team at Cypress, I want to extend our most sincere thanks to Dan for his leadership and long service; his energy and passion are an inspiration to all of us,” said Hassane El-Khoury, Cypress’ president and chief executive officer, and a member of its Board of Directors.“Over the past 25 years, in both my management roles and as Board Director at Cypress, our company has been able to transform from a memory-dominated semiconductor supplier into one of the premier embedded solutions leaders today,” said Mr. McCranie.Cypress is a leader in advanced embedded solutions for the world’s most innovative automotive, industrial, smart home appliances, consumer electronics and medical products.Cypress is committed to providing customers with the best support and development resources on the planet enabling them to disrupt markets by creating new product categories in record time.