8-K
filed November 20, 2024, 6:59 PM ET
ticker MCHP
CIK 0000827054
leadership
confidence high
sentiment neutral
materiality 0.75
Microchip CEO Moorthy retires; former CEO Sanghi returns as interim; board reduced to 6
MICROCHIP TECHNOLOGY INC
- Ganesh Moorthy retired as CEO/President and from the Board effective November 18, 2024.
- Steve Sanghi (former CEO and current Board Chair) elected interim CEO and President.
- Board size reduced from 7 to 6 directors following Moorthy's retirement.
- Sanghi's base salary set at $957,443; MICP target 200% of base; salary reduced 20% under company program.
- Moorthy receives 12 months salary/benefits and continued RSU vesting for 12 months.
Machine-readable event card
- schema_version
- secwatch.filing_event.v1
- accession
- 0000827054-24-000221
- form_type
- 8-K
- ticker
- MCHP
- cik
- 0000827054
- company_name
- MICROCHIP TECHNOLOGY INC
- filed_at
- 2024-11-20T23:59:59+00:00
- discovered_at
- 2026-05-14T18:03:11.116025+00:00
- generated_at
- 2026-05-29T22:15:16.247659+00:00
- sec_items
- ["5.02"]
- event_type
- leadership
- sentiment
- neutral
- materiality_score
- 0.75
- calibrated_materiality_score
- 0.75
- confidence
- high
- secwatch_canonical_url
- https://secwatch.observer/filing/0000827054-24-000221
- json_url
- https://secwatch.observer/filing/0000827054-24-000221.json
- markdown_url
- https://secwatch.observer/filing/0000827054-24-000221.md
- text_url
- https://secwatch.observer/filing/0000827054-24-000221.txt
- edgar_index_url
- https://www.sec.gov/Archives/edgar/data/827054/000082705424000221/0000827054-24-000221-index.htm
- edgar_primary_document_url
- https://www.sec.gov/Archives/edgar/data/827054/000082705424000221/mchp-20241118.htm
- generated_by_model
- deepseek-v4-flash:cloud@v2
- review_status
- machine_generated
- human_reviewed
- false
- corrected
- false
- correction_note
- null
- correction_timestamp
- null
- superseded_by
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