Form 8-K · Current Report · Filed 2025-03-14
Skyworks Solutions Appoints New Executive Vice President, Chief Operations and Technology Officer
On March 12, 2025, Skyworks Solutions, Inc.
- Filer
- Skyworks Solutions Inc. SWKS · NASDAQ
- Filed
- Accession
- 0000004127-25-000030
- CIK
- 0000004127
- Signal
- Medium impactTechnology
- Source
- Official filing on sec.gov ↗
Details
appointed Reza Kasnavi to the new position of Executive Vice President, Chief Operations and Technology Officer, effective March 15, 2025. Kasnavi's annual base salary increased from $650,000 to $700,000, and his cash incentive awards eligibility increased from 80% to 90% of his new base salary, with a potential maximum of two times the target awards if performance metrics are exceeded.
Items reported
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers
Financial Statements and Exhibits
Market reaction
Close before filing
$67.19
Next session
+5.0%
Since filing
-7.3%
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:
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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