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Exhibit Index Appears at Page 5.
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
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FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report(Date of earliest event reported) June 28, 1999
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UNITRODE CORPORATION
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(Exact Name of Registrant as Specified in Its Charter)
Maryland 1-5609
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(State or Other Jurisdiction of (Commission
Incorporation or Organization) File Number)
04-2271186
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(I.R.S. Employer Identification No.)
7 Continental Boulevard, Merrimack, New Hampshire 03054
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(Address of Principal Executive Offices) (Zip Code)
Registrant's telephone number, including area code (603) 424-2410
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(Former name or former address, if changed since last report)
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Item 5. Other Materially Important Events.
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On June 28, 1999, the Registrant announced that, effective that date, Alan R.
Schuele had resigned as President, Chief Operating Officer and a director of the
Registrant, and that Robert J. Richardson, Chairman and Chief Executive Officer
of the Registrant, would reassume the additional duties of President of the
Registrant. A copy of the press release issued in connection with such
announcement is attached hereto as Exhibit 99 and is hereby incorporated by
reference.
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Item 7. Financial Statements, Pro Forma Financial Information and Exhibits.
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Exhibit 99. Form of press release dated June 28, 1999.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.
Unitrode Corporation
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(Registrant)
Date: June 28, 1999 By /s/ Allan R. Campbell
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Senior Vice President
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Exhibit Index
Exhibit No. Description Page
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99 Form of press release 6
dated June 28, 1999
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Exhibit 99
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For further information, please contact:
S. Kelley MacDonald, Vice President,
Corporate Communications,
Unitrode Corporation,
7 Continental Boulevard
Merrimack, NH 03054
(603) 429-8767
e-mail: [email protected]
UNITRODE ANNOUNCES RESIGNATION OF AL SCHUELE AS PRESIDENT AND COO
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Merrimack, NH (June 28, 1999) -- Unitrode Corporation (NYSE--UTR), a
manufacturer of analog/linear and mixed-signal integrated circuits, modules, and
non-volatile products, today announced that Al Schuele has resigned as President
and Chief Operating Officer, and as a Director, and that Bob Richardson,
Chairman of the Board and Chief Executive Officer will resume his previous
duties as President.
Schuele, formerly the Chief Executive Officer of Benchmarq Microelectronics,
Inc., was appointed to his current position at Unitrode following the August
1998 merger of the two companies. As President of Unitrode, Schuele was key in
the rapid completion of the integration of the two companies. Commenting on the
move Schuele said, "As we approach the one year anniversary of the merger with
the integration of Unitrode and Benchmarq complete, and business conditions
improving, I can now look to new challenges, a move that I've contemplated for
some time. I leave with confidence that the resulting combination of Benchmarq
and Unitrode has created a strong, highly focused company with a solid
organization and strong leadership in place. I'm proud to have been a part of
this, and I am very pleased in seeing Bob resume the duties of President."
Commenting on the resignation, Robert J. Richardson, said, "Al's contribution to
Unitrode over the past year has been significant, which I greatly appreciate. I
have very much enjoyed working with him. He has been key in the successful
integration of Unitrode and Benchmarq; I think the results of the match speak
for themselves.
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With the merger behind us, Al can now move on to other things. Al will be
missed by all of us, and we wish him well. In preparing for this change, the
senior management team has been organized in a manner consistent with
companies of our size, and I will now resume the duties of President."
Unitrode designs and manufactures analog/linear and mixed-signal integrated
circuits, modules, and non-volatile products, principally to perform power
management, portable power, and interface functions. Its products, branded under
Unitrode and Benchmarq, are sold throughout the world for a variety of computer,
tele- and data-communications, defense/aerospace, industrial, and automotive
applications. Further information about Unitrode may be found at the Company's
homepage site: http://www.unitrode.com.
(END)
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