secwatch.observer — SEC 8-K summary
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Issuer:     ALLEGRO MICROSYSTEMS, INC. (ALGM)
CIK:        0000866291
Form:       8-K
Filed at:   2023-02-22T23:59:59+00:00
Accession:  0000866291-23-000009
Event type: leadership
Sentiment:  neutral
Materiality: 0.40
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Allegro MicroSystems announces retirement of SVP Teebagy, appoints Webster as CAO
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- Thomas C. Teebagy, Jr. to retire as SVP of Operations and Quality effective June 2, 2023; resigns from role March 6, 2023.
- Teebagy receives $415,000 cash retention bonus, new RSU award, and health premium for 12 months post-retirement.
- Roald G. Webster appointed Vice President, Chief Accounting Officer effective March 20, 2023.
- Webster previously VP and Corporate Controller at Bruker Corporation; will receive signing bonus, deferred bonus, and RSUs.
- Webster's severance includes 1x base salary plus target bonus if terminated without cause or for good reason.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/866291/000086629123000009/0000866291-23-000009-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/866291/000086629123000009/algm-20230216.htm
  HTML page:      https://secwatch.observer/filing/0000866291-23-000009

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer