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Lattice CEO Billerbeck to retire, COO Hawk named as interim chief executive

Lattice Semiconductor Corp. LSCC, +0.47% late Monday stated its Chief Executive Officer Darin Billerbeck is retiring, efficient March 16. The board has named Chief Operating Officer Glen Hawk as interim CEO while it searches for an everlasting successor. Lattice has retained executive search firm Egon Zehnder to take care of the process. Lattice has struggled to rebound since a proposed acquisition via a fund tied to Chinese government cash was once blocked via U.S. regulators. Shares of Lattice closed up 0.5% to $6.48 and were unchanged after hours.