SiliconBeat

Richard Crowley was named chief financial officer of Integrated Device Technology, according to a filing the San Jose chip maker made with the SEC Tuesday. He will begin work Oct. 20, 10 days after he leaves his current employer, Micrel. Crowley gave his notice last week at Micrel, which revealed the decision in its own filing today.

Crowley, 51, has worked at Micrel since 1999 and spent 18 years with National Semiconductor where he served as its corporate controller when he left in 1998 to become CFO of Vantis.

Crowley will get a bump up in pay to $325,000 annually, 40 percent more than he was paid at Micrel. He’ll also get an option good for 200,000 IDT shares and 15,000 shares of its restricted stock.

Shares of Micrel, which successfully staved off a proxy battle threat from Obrem Capital earlier this year, are up 5 percent so far this year after losing  22 percent in 2007. IDT shares are of 27 percent so far this year.