An electronic device disclosed herein includes a linear output stage configured to generate an output voltage to an output node as a function of an input voltage, and a buck output stage configured to generate the output voltage to the output node as a function of the input voltage. Control circuitry is configured to enable the linear output stage and disable the buck output stage if a current demanded by a load to maintain the output voltage at a desired level is less than a limit current, and enable the buck output stage and disable the linear output stage a delay period of time after enabling the buck output stage, if the current demanded by the load to maintain the output voltage at the desired level is greater than the limit current.