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Skyworks Solutions logoSkyworks Solutions SWKS

The company said May 7, 2025 that Mark P. Dentinger will join as Senior Vice President and Chief Financial Officer, and Todd J. Lepinski will join as Senior Vice President, Sales and Marketing, effective June 2, 2025.

8-KDeparture or Appointment of Directors or Certain OfficersFiled Period of report Summary published (UTC)

Key points

AI summary
  1. The company said May 7, 2025 that Mark P. Dentinger will join as Senior Vice President and Chief Financial Officer, and Todd J. Lepinski will join as Senior Vice President, Sales and Marketing, effective June 2, 2025.

  2. Skyworks Solutions set Dentinger's offer letter at an annual base salary of $625,000, a target cash incentive of 100% of base salary, and a signing bonus of $200,000. It also plans to grant an RSU award of $2,700,000 and a New Hire PSA of $3,200,000.

  3. The company said Kris Sennesael will resign effective May 9, 2025 and will not receive severance benefits. The company said that on May 5, 2025, its board appointed Philip G. Brace to serve as interim principal financial officer and principal accounting officer until Dentinger starts.

  4. Skyworks Solutions said Lepinski will succeed Carlos S. Bori. The company said that under a transition agreement entered into on May 5, 2025, Bori will remain employed through November 17, 2025 and keep his current pay and benefits, but he will not receive any new cash bonus or new equity incentive awards.

Summary

AI-written

Analysis scope · Filing bodyWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

CFO and Sales and Marketing Appointments Announced

The company said May 7, 2025 that Mark P. Dentinger will join as Senior Vice President and Chief Financial Officer, and Todd J. Lepinski will join as Senior Vice President, Sales and Marketing, effective June 2, 2025.

Source · Based on the filing body and exhibits

Dentinger Salary and Equity Award Terms

Skyworks Solutions set Dentinger's offer letter at an annual base salary of $625,000, a target cash incentive of 100% of base salary, and a signing bonus of $200,000. It also plans to grant an RSU award of $2,700,000 and a New Hire PSA of $3,200,000.

Source · Based on the filing body and exhibits

Sennesael Resignation and Brace Interim Appointment

The company said Kris Sennesael will resign effective May 9, 2025 and will not receive severance benefits. The company said that on May 5, 2025, its board appointed Philip G. Brace to serve as interim principal financial officer and principal accounting officer until Dentinger starts.

Source · Based on the filing body and exhibits

Bori Transition Agreement Terms

Skyworks Solutions said Lepinski will succeed Carlos S. Bori. The company said that under a transition agreement entered into on May 5, 2025, Bori will remain employed through November 17, 2025 and keep his current pay and benefits, but he will not receive any new cash bonus or new equity incentive awards.

Source · Based on the filing body and exhibits

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.

Source: SEC EDGAR (U.S. Securities and Exchange Commission). Item captions are the SEC's. The summary is for reference only and is not investment advice.