Cypress Semiconductor Corp. announced the retirement of J. Daniel McCranie, Cypress's executive vice president of Sales and Applications, culminating a 23-year relationship that began in 1993 when McCranie joined Cypress as its EVP of Sales and Marketing. McCranie left Cypress in 2001 but rejoined the company as a member of the Cypress board of directors from 2006-2014 and in his current capacity from 2014-2015.

Michael Balow, who came to Cypress from Spansion when the two companies merged last month, will succeed McCranie as the EVP of Sales and Applications.