secwatch.observer — SEC 8-K summary
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Issuer:     DIODES INC /DEL/ (DIOD)
CIK:        0000029002
Form:       8-K
Filed at:   2023-02-14T23:59:59+00:00
Accession:  0000950170-23-002806
Event type: leadership
Sentiment:  neutral
Materiality: 0.60
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

Diodes appoints Gary Yu as COO; Julie Holland to retire March 31, 2023; sets 2023 executive compensation
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- Gary Yu appointed Chief Operating Officer effective Feb 9, 2023; previously SVP Business Groups.
- Julie Holland, SVP Corporate Operations, retiring effective March 31, 2023.
- Base salaries set: CEO Keh-Shew Lu $810K, CFO Brett Whitmire $330K, COO Gary Yu $450K, Frances Tang $410K, Julie Holland $400K.
- LTI awards granted: RSUs and PSUs with 3-year cumulative $1.184B operating income target; CEO awarded 42,000 RSUs and 42,000 PSUs.
- PSU vesting: 50% at 80% threshold, 200% at 120% maximum, linear interpolation for between.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/29002/000095017023002806/0000950170-23-002806-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/29002/000095017023002806/diod-20230214.htm
  HTML page:      https://secwatch.observer/filing/0000950170-23-002806

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