8-K
filed March 4, 2024, 6:59 PM ET
ticker ALGM
CIK 0000866291
leadership
confidence high
sentiment neutral
materiality 0.40
Allegro board reshuffles as six directors resign and are re-appointed after OEP stake falls below 5%
ALLEGRO MICROSYSTEMS, INC.
- Six directors (Aldrich, Dunn, Lynch, Martin, Puma, Schorr) resigned March 4 as OEP's ownership fell below 5% of ALGM shares.
- All six were immediately re-appointed to the same classes (I, II, III) and board committees with minor role changes.
- Joseph Martin added to Nominating and Governance Committee; Mary Puma appointed Chair of R&D and Strategy Committee.
- Board determined Aldrich, Lynch, and Martin are independent and audit committee financial experts.
- Unvested RSUs held by re-appointed directors were not forfeited and continue to vest at next annual meeting.
Key facts
Extracted from this filing and checked against the source text.
Executive change
SEC 8-K Item 5.02
confidence 0.95
Andrew Dunn was appointed as Director at ALLEGRO MICROSYSTEMS, INC..
- Action
- appointed
- Role
- Director
Exact text from the filing
the Board re-appointed: (i) Joseph Martin and Mary Puma as Class I directors; (ii) David Aldrich and Paul Carl (Chip) Schorr IV as Class II directors; and (iii) Andrew Dunn and Susan Lynch as Class III directors.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Mary Puma resigned as Director at ALLEGRO MICROSYSTEMS, INC..
- Action
- resigned
- Role
- Director
Exact text from the filing
David Aldrich, Andrew Dunn, Susan Lynch, Joseph Martin, Mary Puma and Paul Carl (Chip) Schorr IV tendered their resignations from the Board of Directors
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Andrew Dunn resigned as Director at ALLEGRO MICROSYSTEMS, INC..
- Action
- resigned
- Role
- Director
Exact text from the filing
David Aldrich, Andrew Dunn, Susan Lynch, Joseph Martin, Mary Puma and Paul Carl (Chip) Schorr IV tendered their resignations from the Board of Directors
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Paul Carl (Chip) Schorr IV resigned as Director at ALLEGRO MICROSYSTEMS, INC..
- Action
- resigned
- Role
- Director
Exact text from the filing
David Aldrich, Andrew Dunn, Susan Lynch, Joseph Martin, Mary Puma and Paul Carl (Chip) Schorr IV tendered their resignations from the Board of Directors
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Susan Lynch resigned as Director at ALLEGRO MICROSYSTEMS, INC..
- Action
- resigned
- Role
- Director
Exact text from the filing
David Aldrich, Andrew Dunn, Susan Lynch, Joseph Martin, Mary Puma and Paul Carl (Chip) Schorr IV tendered their resignations from the Board of Directors
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Joseph Martin resigned as Director at ALLEGRO MICROSYSTEMS, INC..
- Action
- resigned
- Role
- Director
Exact text from the filing
David Aldrich, Andrew Dunn, Susan Lynch, Joseph Martin, Mary Puma and Paul Carl (Chip) Schorr IV tendered their resignations from the Board of Directors
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
David Aldrich resigned as Director at ALLEGRO MICROSYSTEMS, INC..
- Action
- resigned
- Role
- Director
Exact text from the filing
David Aldrich, Andrew Dunn, Susan Lynch, Joseph Martin, Mary Puma and Paul Carl (Chip) Schorr IV tendered their resignations from the Board of Directors
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Paul Carl (Chip) Schorr IV was appointed as Director at ALLEGRO MICROSYSTEMS, INC..
- Action
- appointed
- Role
- Director
Exact text from the filing
the Board re-appointed: (i) Joseph Martin and Mary Puma as Class I directors; (ii) David Aldrich and Paul Carl (Chip) Schorr IV as Class II directors; and (iii) Andrew Dunn and Susan Lynch as Class III directors.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Joseph Martin was appointed as Director at ALLEGRO MICROSYSTEMS, INC..
- Action
- appointed
- Role
- Director
Exact text from the filing
the Board re-appointed: (i) Joseph Martin and Mary Puma as Class I directors; (ii) David Aldrich and Paul Carl (Chip) Schorr IV as Class II directors; and (iii) Andrew Dunn and Susan Lynch as Class III directors.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
David Aldrich was appointed as Director at ALLEGRO MICROSYSTEMS, INC..
- Action
- appointed
- Role
- Director
Exact text from the filing
the Board re-appointed: (i) Joseph Martin and Mary Puma as Class I directors; (ii) David Aldrich and Paul Carl (Chip) Schorr IV as Class II directors; and (iii) Andrew Dunn and Susan Lynch as Class III directors.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Susan Lynch was appointed as Director at ALLEGRO MICROSYSTEMS, INC..
- Action
- appointed
- Role
- Director
Exact text from the filing
the Board re-appointed: (i) Joseph Martin and Mary Puma as Class I directors; (ii) David Aldrich and Paul Carl (Chip) Schorr IV as Class II directors; and (iii) Andrew Dunn and Susan Lynch as Class III directors.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Mary Puma was appointed as Director at ALLEGRO MICROSYSTEMS, INC..
- Action
- appointed
- Role
- Director
Exact text from the filing
the Board re-appointed: (i) Joseph Martin and Mary Puma as Class I directors; (ii) David Aldrich and Paul Carl (Chip) Schorr IV as Class II directors; and (iii) Andrew Dunn and Susan Lynch as Class III directors.
View on SEC.gov
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