other material
confidence high
sentiment neutral
materiality 0.35
Skyworks approves FY2025 exec incentive plan; CEO target 160% base salary
SKYWORKS SOLUTIONS, INC.
- Compensation Committee approved FY2025 Executive Incentive Plan on Dec 12, 2024.
- Plan ties cash awards to achievement of revenue and non-GAAP operating income targets.
- CEO eligible for 160% of base salary at target; CFO 100%; other named execs 80%.
- Maximum payout is 200% of target if Company exceeds performance metrics.
- Compensation Committee retains discretion to issue common stock in lieu of cash.