Pulse Electronics Loses CEO

San Diego-based electronics components provider Pulese Electronics reported late Wednesday that its Chairman and CEO, Ralph E. Faison, has resigned. The company said it has appointed Alan H. Benjamin as Interim CEO of the company. Benjamin was the company's Chief Operating Officer. According to Pulse, its board has launched a search for a permanent CEO. In a prepared statement, Faison said it was the "right time" for a new CEO at the company.