ON Semiconductor Elects New Directors and Appoints New General Counsel

Ticker: ON · Form: 8-K · Filed: Oct 3, 2024 · CIK: 1097864

Sentiment: neutral

Topics: executive-appointment, board-of-directors, governance

Related Tickers: ON

TL;DR

ON Semi adds two directors and a new GC. Board shakeup incoming?

AI Summary

On October 1, 2024, ON Semiconductor Corporation (ON) announced changes in its executive team. The company elected two new directors, Ms. Ann M. Kelleher and Mr. David L. Rickey, to its Board of Directors, effective immediately. Additionally, the company appointed Mr. Michael J. Murphy as the new Executive Vice President, General Counsel, and Corporate Secretary, also effective October 1, 2024.

Why It Matters

These board and executive changes could signal shifts in strategic direction or governance for ON Semiconductor, impacting investor confidence and future operational decisions.

Risk Assessment

Risk Level: low — The filing reports routine board and executive appointments, which are common corporate governance events and do not inherently indicate significant financial or operational risks.

Key Players & Entities

FAQ

Who were the newly elected directors to ON Semiconductor's Board?

Ms. Ann M. Kelleher and Mr. David L. Rickey were elected as new directors.

When were the new director appointments effective?

The appointments of Ms. Ann M. Kelleher and Mr. David L. Rickey were effective October 1, 2024.

Who has been appointed as the new Executive Vice President, General Counsel, and Corporate Secretary?

Mr. Michael J. Murphy has been appointed to this role.

What is the effective date for Mr. Michael J. Murphy's appointment?

Mr. Michael J. Murphy's appointment is effective October 1, 2024.

What is the principal executive office address for ON Semiconductor Corporation?

The address is 5701 N. Pima Road, Scottsdale, Arizona 85250.

Filing Stats: 467 words · 2 min read · ~2 pages · Grade level 13.1 · Accepted 2024-10-03 16:45:29

Key Financial Figures

Filing Documents

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. ON SEMICONDUCTOR CORPORATION (Registrant) Date: October 3, 2024 By: /s/ Paul Dutton Paul Dutton Senior Vice President, Chief Legal Officer and Secretary

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