Micrel is losing the head of its analog business unit next week. Vice President Scott Ward tendered his resignation Monday, a day before the company postponed by a year the expiration date for its poison-pill defense adopted last year in the face of an accumulation of its shares by Obrem Capital, which later launched an unsuccessful proxy battle to take over Micrel’s board.
Ward, 54, joined Micrel 10 years ago and has headed the analog unit since November 2007. There was no explanation offered for why Ward is quitting.