---
schema_version: "secwatch.filing_event.v1"
accession: "0000827054-24-000063"
form_type: "8-K"
ticker: "MCHP"
cik: "0000827054"
company_name: "MICROCHIP TECHNOLOGY INC"
filed_at: "2024-04-02T23:59:59+00:00"
generated_at: "2026-06-04T04:16:52.413649+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Microchip appoints Richard Simoncic as COO; EVP Drehobl to retire June 7, 2024

## Summary
- Richard J. Simoncic appointed COO effective April 1, 2024, reporting to CEO Ganesh Moorthy.
- Simoncic had been EVP since April 2023; prior roles include VP of Analog Power and Interface Business Units.
- Stephen V. Drehobl, SVP of MCU 8 and MCU 16 Business Units, retiring effective June 7, 2024.
- No family relationships or material transactions with Simoncic are noted.

## SEC filing metadata
- accession: 0000827054-24-000063
- form_type: 8-K
- ticker: MCHP
- cik: 0000827054
- company_name: MICROCHIP TECHNOLOGY INC
- filed_at: 2024-04-02T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/827054/000082705424000063/0000827054-24-000063-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/827054/000082705424000063/mchp-20240401.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000827054-24-000063
- JSON: https://secwatch.observer/filing/0000827054-24-000063.json
- Plain text: https://secwatch.observer/filing/0000827054-24-000063.txt

## Key facts
- Executive change
  Richard J. Simoncic was appointed as Chief Operating Officer at MICROCHIP TECHNOLOGY INC.
  - Action: appointed
  - Role: Chief Operating Officer
  source text: appointed Richard J. Simoncic as Chief Operating Officer of the Company.
  evidence_url: https://www.sec.gov/Archives/edgar/data/827054/000082705424000063/0000827054-24-000063-index.htm
- Executive change
  Stephen V. Drehobl retired as Senior Vice President, MCU 8 and MCU 16 Business Units at MICROCHIP TECHNOLOGY INC.
  - Action: retired
  - Role: Senior Vice President, MCU 8 and MCU 16 Business Units
  source text: Stephen V. Drehobl, the Company’s Senior Vice President, MCU 8 and MCU 16 Business Units, informed the Company of his retirement from the Company effective June 7, 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/827054/000082705424000063/0000827054-24-000063-index.htm

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