---
schema_version: "secwatch.filing_event.v1"
accession: "0000827054-25-000057"
form_type: "8-K"
ticker: "MCHP"
cik: "0000827054"
company_name: "MICROCHIP TECHNOLOGY INC"
filed_at: "2025-05-02T23:59:59+00:00"
generated_at: "2026-05-22T23:23:10.783488+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# Microchip Technology appoints TSMC SVP Rick Cassidy to board, effective May 2, 2025

## Summary
- Rick Cassidy is Senior Vice President of Corporate Strategy Development at TSMC and Chairman of TSMC Arizona.
- Board size increased from 6 to 7 directors to accommodate the new seat.
- Cassidy will receive standard non-employee director compensation; no committee assignments yet.
- No arrangements or transactions requiring disclosure under Item 404(a) of Regulation S-K.

## SEC filing metadata
- accession: 0000827054-25-000057
- form_type: 8-K
- ticker: MCHP
- cik: 0000827054
- company_name: MICROCHIP TECHNOLOGY INC
- filed_at: 2025-05-02T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/827054/000082705425000057/0000827054-25-000057-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/827054/000082705425000057/mchp-20250501.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000827054-25-000057
- JSON: https://secwatch.observer/filing/0000827054-25-000057.json
- Plain text: https://secwatch.observer/filing/0000827054-25-000057.txt

## Source-grounded claims
- claim_id: ed3939b8ed
  claim: Rick Cassidy was appointed as Director at MICROCHIP TECHNOLOGY INC.
  evidence_excerpt: On May 1, 2025, the Board of Directors (the "Board") of Microchip Technology Incorporated, upon the recommendation from the Nominating, Governance and Sustainability Committee of the Board, appointed Rick Cassidy, Senior Vice President of Corporate Strategy Development at Taiwan Semiconductor Manufacturing Co. Ltd. (TSMC) and Chairman of TSMC Arizona, as a member of the Board, effective May 2, 2025.
  evidence_url: https://www.sec.gov/Archives/edgar/data/827054/000082705425000057/0000827054-25-000057-index.htm

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