---
schema_version: "secwatch.filing_event.v1"
accession: "0000088941-25-000028"
form_type: "8-K"
ticker: "SMTC"
cik: "0000088941"
company_name: "SEMTECH CORP"
filed_at: "2025-02-24T23:59:59+00:00"
generated_at: "2026-05-26T06:39:51.225197+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.35
calibrated_materiality_score: 0.35
confidence: "high"
source: SEC EDGAR
---

# Semtech SVP Global Sales Mark Russell to depart March 6; severance of $175,000

## Summary
- Mark P. Russell, Senior Vice President, Global Sales and Marketing, will leave Semtech on March 6, 2025.
- Separation agreement provides a lump sum cash severance payment of $175,000.
- Company will also reimburse COBRA premiums for up to 12 months and pay a FY2025 cash bonus subject to release of claims.
- No successor has been named; search for replacement is expected.

## SEC filing metadata
- accession: 0000088941-25-000028
- form_type: 8-K
- ticker: SMTC
- cik: 0000088941
- company_name: SEMTECH CORP
- filed_at: 2025-02-24T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.35
- calibrated_materiality_score: 0.35
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/88941/000008894125000028/0000088941-25-000028-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/88941/000008894125000028/smtc-20250220.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000088941-25-000028
- JSON: https://secwatch.observer/filing/0000088941-25-000028.json
- Plain text: https://secwatch.observer/filing/0000088941-25-000028.txt

## Key facts
- Executive change
  Mark P. Russell departed as Senior Vice President, Global Sales and Marketing at SEMTECH CORP.
  - Action: departure
  - Role: Senior Vice President, Global Sales and Marketing
  source text: On February 20, 2025, Semtech Corporation, a Delaware corporation (“Semtech” or the “Company”), entered into a Separation and General Release Agreement (the “Separation Agreement”) with Mark P. Russell, the Company’s Senior Vice President, Global Sales and Marketing. The Separation Agreement provides that Mr. Russell’s last day of employment with the Company will be March 6, 2025 (the “Separation Date”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/88941/000008894125000028/0000088941-25-000028-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.