Form 8-K · Current Report · Filed 2025-02-06
Skyworks Announces Leadership Succession with Philip Brace as New CEO
On February 4, 2025, Skyworks Solutions, Inc.
- Filer
- Skyworks Solutions Inc. SWKS · NASDAQ
- Filed
- Accession
- 0000004127-25-000012
- CIK
- 0000004127
- Signal
- High impactTechnology
- Source
- Official filing on sec.gov ↗
Details
announced that Philip Brace will succeed Liam K. Griffin as Chief Executive Officer, effective February 17, 2025. Griffin will step down from his roles but will remain in an advisory capacity for three months to ensure a smooth transition. Christine King has been appointed Chairman of the Board. Brace, with extensive experience in the semiconductor and wireless networking industries, will receive an annual base salary of $900,000 and a performance share award. The Company also issued a press release on February 5, 2025, announcing this leadership succession.
Items reported
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers
Regulation FD Disclosure
Financial Statements and Exhibits
Market reaction
Close before filing
$87.08
Next session
-24.6%
Since filing
-28.5%
Latest close
$62.28
What happened, not what will happen — closing prices around the filing date.
Precedent
Previous filings from SWKS reporting the same item, with the next session's move:
Exhibits (1)
About Skyworks Solutions Inc.
Skyworks Solutions Inc. is a technology company that specializes in designing and manufacturing high-performance semiconductor solutions. Its primary function is to provide integrated circuits used in wireless communications. Skyworks Solutions plays a critical role in enabling connectivity across a multitude of devices and technologies, impacting industries such as mobile, automotive, home automation, and smart technology. The company is renowned for its radio frequency and analog semiconductors, which are essential components in modern telecommunications, including the infrastructure for 5G networks and Internet of Things (IoT) applications. Skyworks Solutions is significant in the market due to its broad portfolio of products that facilitate enhanced wireless networking capabilities, contributing to the seamless integration of advanced technology into everyday life.
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