News Article
RFMD shareholders approve all proposals at 2011 AGM
Eight elected directors will serve a one-year term and the RFMD Cash Bonus Plan has also been reapproved.
RF Micro Devices, a designer and manufacturer of high-performance radio frequency components and compound semiconductor technologies, has announced that all agenda items at RFMD's 2011 Annual Meeting of Shareholders were approved by the shareholders.
Eight directors have been elected to serve a one-year term. Approved on an advisory, non-binding basis, the Company's executive compensation was decided and will be reviewed once a year.
The shareholders also reapproved the RFMD Cash Bonus Plan, pursuant to the provisions of Section 162(m) of the Internal Revenue Code of 1986, as amended.
Finally, the firm has appointed Ernst & Young LLP as its independent registered public accounting firm for the fiscal year ending March 31, 2012.
RFMD is celebrating its 20th anniversary throughout 2011 by continuing to deliver innovative, breakthrough products that reshape its respective product categories. Examples of RFMD's product and technology leadership include RFMD's PowerStar power amplifiers and high-power GaN technology.
