Fabrinet Appoints David J. Schwegman as CFO

TL;DR

Fabrinet names David J. Schwegman as new CFO, effective immediately.

AI Summary

Fabrinet announced on August 12, 2025, that its Board of Directors appointed Mr. David J. Schwegman as Chief Financial Officer, effective August 12, 2025. Mr. Schwegman will also serve as Principal Financial Officer and Principal Accounting Officer. He previously served as interim CFO since January 2025 and brings extensive financial leadership experience to the role.

Why It Matters

The appointment of a permanent CFO provides stability and clarity in financial leadership, which is crucial for investor confidence and operational execution.

Risk Assessment

Risk Level: low — This filing is a routine executive appointment and does not indicate any significant financial distress or operational changes.

Key Players & Entities

• Fabrinet (company) — Registrant
• David J. Schwegman (person) — Appointed Chief Financial Officer
• August 12, 2025 (date) — Effective date of appointment

FAQ

Key Financial Figures

• $0.01 — e on which registered Ordinary Shares, $0.01 par value FN New York Stock Exchange
• $1,932,000 — Fiscal 2026 Maximum Bonus Seamus Grady $1,932,000 $2,318,400 Dr. Harpal Gill $1,462,500
• $2,318,400 — Maximum Bonus Seamus Grady $1,932,000 $2,318,400 Dr. Harpal Gill $1,462,500 $1,755,000
• $1,462,500 — $1,932,000 $2,318,400 Dr. Harpal Gill $1,462,500 $1,755,000 Csaba Sverha THB 24,380,400
• $1,755,000 — $2,318,400 Dr. Harpal Gill $1,462,500 $1,755,000 Csaba Sverha THB 24,380,400 THB 29,256
• $459,000 — 4,380,400 THB 29,256,480 Edward Archer $459,000 $550,800 The amount of bonus actually
• $550,800 — THB 29,256,480 Edward Archer $459,000 $550,800 The amount of bonus actually paid to
• $1,350,000 — Seamus Grady Chief Executive Officer $1,350,000 $1,380,000 2.2% Dr. Harpal Gill Presid
• $1,380,000 — ady Chief Executive Officer $1,350,000 $1,380,000 2.2% Dr. Harpal Gill President and Chi
• $1,100,000 — President and Chief Operating Officer $1,100,000 $1,125,000 2.3% Csaba Sverha Executive
• $1,125,000 — and Chief Operating Officer $1,100,000 $1,125,000 2.3% Csaba Sverha Executive Vice Presi
• $625,000 — ice President, Chief Financial Officer $625,000 (1) THB 24,380,400 5.6% (2) Edward A
• $520,000 — tive Vice President, Sales & Marketing $520,000 $540,000 3.8% (1) Mr. Sverha's fiscal
• $540,000 — President, Sales & Marketing $520,000 $540,000 3.8% (1) Mr. Sverha's fiscal 2025 sal
• $3,150,000 — Value of "Stretch" PSUs Seamus Grady $3,150,000 $3,150,000 $3,150,000 Dr. Harpal Gill

Filing Documents

• fn-20250812.htm (8-K) — 55KB
• fn-2025818xex991q425.htm (EX-99.1) — 330KB
• 0001408710-25-000036.txt ( ) — 542KB
• fn-20250812.xsd (EX-101.SCH) — 2KB
• fn-20250812_def.xml (EX-101.DEF) — 4KB
• fn-20250812_lab.xml (EX-101.LAB) — 24KB
• fn-20250812_pre.xml (EX-101.PRE) — 16KB
• fn-20250812_htm.xml (XML) — 3KB

02 Results of Operations and Financial Condition

Item 2.02 Results of Operations and Financial Condition. On August 18, 2025, Fabrinet ("Fabrinet" or the "Company") issued a press release regarding its financial results for its fiscal quarter and year ended June 27, 2025. A copy of the press release is furnished as Exhibit 99.1 to this report. The information in this Item 2.02 and the press release attached hereto as Exhibit 99.1 shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the " Exchange Act "), nor shall they be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing. Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. Fiscal 2026 Executive Incentive Plan On August 12, 2025, the Compensation Committee (the "Compensation Committee") of the board of directors of Fabrinet adopted an executive incentive plan (the "Cash Bonus Plan") for the Company's fiscal year ending June 26, 2026 ("fiscal 2026"). The Cash Bonus Plan is an incentive program designed to motivate participants to achieve the Company's financial objectives, and to reward them for their achievements when those objectives are met. All of the Company's executive officers pursuant to Section 16 of the Exchange Act are eligible to participate in the Cash Bonus Plan (individually, a "Participant," and collectively, the "Participants"). The Cash Bonus Plan provides for target and maximum bonus amounts as set forth in the table below. The maximum bonus that a Participant may receive under the Cash Bonus Plan is 120% of such Participant's target bonus. Name Fiscal 2026 Target Bonus Fiscal 2026 Maximum Bonus Seamus Grady $1,932,000 $2,318,400 Dr. Harpal Gill $1,462,500 $1,755,000 Csaba Sverha THB 24,380,400 THB 29,256,480 Edward Archer $459,000 $550,800

01 Financial Statements and Exhibits

Item 9.01 Financial Statements and Exhibits. (d) Exhibits. Exhibit No. Description 99.1 Press release dated August 18, 2025 104 Cover Page Interactive Data File (embedded within the Inline XBRL document)

SIGNATURES

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. FABRINET By: /s/ CSABA SVERHA Csaba Sverha Executive Vice President, Chief Financial Officer Date: August 18, 2025

View Full Filing

View this 8-K filing on SEC EDGAR