Skyworks Solutions Reports Director Departure, New Hires, and Officer Comp
Ticker: SWKS · Form: 8-K · Filed: May 17, 2024 · CIK: 4127
Sentiment: neutral
Topics: corporate-governance, executive-changes, board-of-directors
Related Tickers: SWKS
TL;DR
Liam Griffin out as director, new board members in, comp plans updated. #CorporateGovernance
AI Summary
Skyworks Solutions, Inc. filed an 8-K on May 17, 2024, reporting on the departure of director Liam Griffin, effective May 14, 2024. The filing also covers the election of new directors and updates to compensatory arrangements for certain officers. Additionally, it details matters submitted to a vote of security holders and includes financial statements and exhibits.
Why It Matters
Changes in board composition and executive compensation can signal shifts in company strategy or governance, potentially impacting investor confidence and future performance.
Risk Assessment
Risk Level: low — This filing primarily concerns routine corporate governance matters and executive changes, with no immediate financial distress or significant operational shifts indicated.
Key Players & Entities
- Skyworks Solutions, Inc. (company) — Registrant
- Liam Griffin (person) — Departing Director
- May 14, 2024 (date) — Effective date of director departure
- May 17, 2024 (date) — Filing date of the 8-K
FAQ
Who is Liam Griffin and what was his role at Skyworks Solutions, Inc.?
Liam Griffin was a director at Skyworks Solutions, Inc. His departure was effective May 14, 2024.
What other key events are reported in this 8-K filing?
The filing also reports on the election of new directors, updates to compensatory arrangements for certain officers, and matters submitted to a vote of security holders.
When was this 8-K report filed with the SEC?
This 8-K report was filed on May 17, 2024.
What is the principal executive office address for Skyworks Solutions, Inc.?
The principal executive offices are located at 5260 California Avenue, Irvine, California 92617.
What is the SIC code for Skyworks Solutions, Inc.?
The Standard Industrial Classification (SIC) code for Skyworks Solutions, Inc. is 3674, which corresponds to SEMICONDUCTORS & RELATED DEVICES.
Filing Stats: 1,153 words · 5 min read · ~4 pages · Grade level 11.1 · Accepted 2024-05-17 16:26:41
Key Financial Figures
- $0.25 — ich registered Common Stock, par value $0.25 per share SWKS Nasdaq Global Select Mar
Filing Documents
- swks-20240514.htm (8-K) — 84KB
- 0000004127-24-000055.txt ( ) — 210KB
- swks-20240514.xsd (EX-101.SCH) — 3KB
- swks-20240514_lab.xml (EX-101.LAB) — 21KB
- swks-20240514_pre.xml (EX-101.PRE) — 12KB
- swks-20240514_htm.xml (XML) — 3KB
07 Submission of Matters to a Vote of Security Holders
Item 5.07 Submission of Matters to a Vote of Security Holders. At the Annual Meeting, the Company's stockholders were asked to consider and vote on eleven proposals that are described in the Proxy Statement. The results of the voting on each of those proposals were as follows: 1. The Company's stockholders elected each of Alan S. Batey, Kevin L. Beebe, Liam K. Griffin, Eric J. Guerin, Christine King, Suzanne E. McBride, David P. McGlade, Robert A. Schriesheim, and Maryann Turcke to serve as a director of the Company until the next annual meeting of the Company's stockholders and until his or her successor is elected and qualified or until his or her earlier resignation or removal. The voting results with respect to each director elected at the Annual Meeting are set forth in the following table: Nominees Votes For Votes Against Votes Abstain Broker Non-Votes Alan S. Batey 119,760,761 1,944,951 209,241 16,327,844 Kevin L. Beebe 113,808,238 7,900,199 206,516 16,327,844 Liam K. Griffin 112,109,502 9,578,943 226,508 16,327,844 Eric J. Guerin 121,019,534 692,370 203,049 16,327,844 Christine King 117,822,896 3,893,924 198,133 16,327,844 Suzanne E. McBride 120,171,704 1,541,995 201,254 16,327,844 David P. McGlade 113,640,103 8,062,960 211,890 16,327,844 Robert A. Schriesheim 116,346,490 5,324,008 244,455 16,327,844 Maryann Turcke 120,018,727 1,690,559 205,667 16,327,844 2. The Company's stockholders ratified the selection by the Company's Audit Committee of KPMG LLP as the Company's independent registered public accounting firm for the Company's 2024 fiscal year. Votes For Votes Against Votes Abstain Broker Non-Votes 127,749,258 10,196,514 297,025 0 3. The Company's stockholders voted to approve, on an advisory, non-binding basis, the compensation of the Company's named executive officers as disclosed in the Proxy Statement. Votes For Votes Against Votes Abstain Broker Non-Votes 107,462,
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. (d) Exhibits Exhibit Number Description 99.1 Second Amended and Restated 2015 Long-Term Incentive Plan (incorporated by reference to Annex 1 to the Company's Definitive Proxy Statement filed with the SEC on March 28, 2024 ) 104 Cover Page Interactive Data File (formatted as Inline XBRL with applicable taxonomy extension information contained in Exhibit 101)
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. Skyworks Solutions, Inc. May 17, 2024 By: /s/ Robert J. Terry Name: Robert J. Terry Title: Senior Vice President, General Counsel and Secretary