Skyworks Solutions Announces Board & Executive Changes
Ticker: SWKS · Form: 8-K · Filed: Feb 6, 2025 · CIK: 4127
Sentiment: neutral
Topics: executive-changes, board-changes, compensation
Related Tickers: SWKS
TL;DR
Skyworks (SWKS) board and exec comp changes filed Feb 4. Watch for new leadership direction.
AI Summary
Skyworks Solutions, Inc. announced on February 4, 2025, changes in its board of directors and executive compensation. The filing details the departure of certain officers and directors, the election of new directors, and updates to compensatory arrangements for its named executive officers. Specific details regarding the individuals involved and the exact nature of the compensatory arrangements are provided within the full filing.
Why It Matters
Changes in board composition and executive compensation can signal shifts in company strategy, governance, and future performance expectations.
Risk Assessment
Risk Level: medium — Changes in executive and board leadership can introduce uncertainty regarding future strategy and operational direction.
Key Numbers
- 001-05560 — SEC File Number (Identifies the company's filing with the SEC.)
- 04-2302115 — IRS Employer Identification No. (Company's tax identification number.)
Key Players & Entities
- Skyworks Solutions, Inc. (company) — Registrant
- February 4, 2025 (date) — Date of Earliest Event Reported
- Delaware (jurisdiction) — State of incorporation
- 5260 California Avenue, Irvine, California 92617 (address) — Principal executive offices
- 949-231-3000 (phone_number) — Registrant's telephone number
FAQ
What specific roles have departed or been appointed within Skyworks Solutions, Inc. as of February 4, 2025?
The filing indicates the departure of certain officers and directors and the election of new directors, with specific details to be found within the full report.
Are there any changes to the compensation of Skyworks' named executive officers mentioned in this filing?
Yes, the filing notes updates to compensatory arrangements for certain officers.
What is the primary reason for this 8-K filing by Skyworks Solutions, Inc.?
The filing is a Current Report on Form 8-K, primarily covering the departure of directors/officers, election of directors, and compensatory arrangements.
When was the earliest event reported in this Skyworks Solutions, Inc. 8-K filing?
The earliest event reported is dated February 4, 2025.
Where are Skyworks Solutions, Inc.'s principal executive offices located?
The principal executive offices are located at 5260 California Avenue, Irvine, California 92617.
Filing Stats: 1,807 words · 7 min read · ~6 pages · Grade level 11.5 · Accepted 2025-02-06 16:05:37
Key Financial Figures
- $0.25 — ich registered Common Stock, par value $0.25 per share SWKS Nasdaq Global Select Mar
- $900,000 — providing for an annual base salary of $900,000 and an annual cash incentive opportunit
- $30,000,000 b — f shares that is calculated by dividing $30,000,000 by the closing price of the Company's com
- $2,880,000 b — f shares that is calculated by dividing $2,880,000 by the closing price of the Company's com
- $4,320,000 b — f shares that is calculated by dividing $4,320,000 by the closing price of the Company's com
- $300,000 — on expenses incurred in an amount up to $300,000, at any time within the 24 months follo
Filing Documents
- swks-20250204.htm (8-K) — 39KB
- a8-kex991pressrelease.htm (EX-99.1) — 16KB
- image_0a.jpg (GRAPHIC) — 4KB
- 0000004127-25-000012.txt ( ) — 192KB
- swks-20250204.xsd (EX-101.SCH) — 3KB
- swks-20250204_lab.xml (EX-101.LAB) — 21KB
- swks-20250204_pre.xml (EX-101.PRE) — 12KB
- swks-20250204_htm.xml (XML) — 3KB
01 Regulation FD Disclosure
Item 7.01 Regulation FD Disclosure. On February 5, 2025, the Company issued a press release announcing the leadership succession described above. A copy of the press release is attached hereto as Exhibit 99.1. The information contained in this Item 7.01 and in the exhibit 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"), or 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.
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. (d) Exhibits Exhibit Number Description 99.1 Press Release issued by the Company on February 5, 2025 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. February 6, 2025 By: /s/ Robert J. Terry Name: Robert J. Terry Title: Senior Vice President, General Counsel and Secretary