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Exar Corp. announced that Pete Rodriguez has resigned as Chief Executive Officer and President of the Company and as a member of the Board of Directors.

"I am proud of the successes that have been achieved during my tenure as President and CEO but I have decided, for personal reasons, to resign," said Pete Rodriguez. "I believe the Company has an excellent leadership team and now has a much stronger basis for profitable growth. I remain optimistic about the Company’s future."

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