UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
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): March 10, 2011
TRANSWITCH CORPORATION
(Exact name of registrant as specified in its charter)
|
DELAWARE
|
0-25996
|
06-1236189
|
|
(State or other jurisdiction of incorporation)
|
(Commission File Number)
|
(I.R.S. Employer Identification No.)
|
Three Enterprise Drive
Shelton, Connecticut 06484
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (203) 929-8810
Not Applicable
(Former name or former address, if changed since last report.)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
The Board of Directors of TranSwitch Corporation announced today that Mr. James M. Pagos, 63, informed the Board of Directors of TranSwitch Corporation (the “Company”) on March 10, 2011, that he would not stand for re-election as a member of the Board when his term expires at the Company’s Annual Meeting. Mr. Pagos has served as a member of the Board of Directors for 12 years. He also served most recently as the Chairman of both the Strategic Planning Committee and the Compensation Committee and as a member of the Governance, Financial Planning and Audit Committees. Dr. M. Ali Khatibzadeh, President and Chief Executive Officer, stated, “On behalf of the entire TranSwitch organization, I would like to thank Jim for his immense
contributions to the Company over the years. His advice and guidance has been invaluable to me and I wish him the very best in his future endeavors.”
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 hereunto duly authorized.
|
TRANSWITCH CORPORATION
|
|||
|
March 14, 2011
|
By:
|
/s/ Robert A. Bosi | |
|
Name:
|
Robert A. Bosi
|
||
|
Title:
|
Vice President and Chief Financial Officer
|
||