Allegro MicroSystems appoints Mike Doogue as President and CEO; Nargolwala steps down

ALLEGRO MICROSYSTEMS, INC.

Mike Doogue appointed President and CEO effective Feb 23, 2025, succeeding Vineet Nargolwala.
Doogue, a 27-year company veteran, previously EVP and CTO; holds 75 US patents.
New employment agreement provides annual base salary of $700K and target bonus of 125%.
Doogue eligible for equity award in 2025 with target grant-date fair value of $6M.
Nargolwala steps down and receives severance per his original Employment Agreement.

item 5.02 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Appointed

Michael C. Doogue

President and Chief Executive Officer

ALGM · ALLEGRO MICROSYSTEMS, INC.

Effective: 2025-02-23
Filed: February 24, 2025, 6:59 PM ET

On February 23, 2025, the Board of Directors of Allegro MicroSystems, Inc. (the “Company”) appointed Michael C. Doogue as President and Chief Executive Officer and elected Mr. Doogue as a director of the Company, effective immediately.

Departed

Vineet Nargolwala

President and Chief Executive Officer

ALGM · ALLEGRO MICROSYSTEMS, INC.

Effective: 2025-02-23
Successor: Michael C. Doogue
Filed: February 24, 2025, 6:59 PM ET

Mr. Doogue succeeds Vineet Nargolwala, who is stepping down as President and Chief Executive Officer and as a member of the Board.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Michael C. Doogue was appointed as President and Chief Executive Officer at ALLEGRO MICROSYSTEMS, INC..

Action: appointed
Role: President and Chief Executive Officer

Exact text from the filing

On February 23, 2025, the Board of Directors of Allegro MicroSystems, Inc. (the “Company”) appointed Michael C. Doogue as President and Chief Executive Officer and elected Mr. Doogue as a director of the Company, effective immediately.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Vineet Nargolwala departed as President and Chief Executive Officer at ALLEGRO MICROSYSTEMS, INC..

Action: stepping down
Role: President and Chief Executive Officer

Exact text from the filing

Mr. Doogue succeeds Vineet Nargolwala, who is stepping down as President and Chief Executive Officer and as a member of the Board.

View on SEC.gov

ALLEGRO MICROSYSTEMS, INC. filing history →

Source: SEC EDGAR

accession 0000950103-25-002318

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.