Dolby appoints Robert Park as CFO; Lewis Chew to retire by end of year

Dolby Laboratories, Inc.

Robert Park, former CFO of BlueJeans by Verizon, named SVP and CFO effective Oct 15, 2021.
Park receives $475k base salary, 65% target bonus, $400k sign-on bonus, and $4.1M equity grant.
Lewis Chew steps down as CFO; will serve as advisor through Dec 20, 2021 under Advisory Agreement.
Chew retains $342k base salary and bonus eligibility through advisory period; equity continues to vest.

item 5.02 item 7.01 item 9.01

Executive movements

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Appointed

Robert J. Park

Senior Vice President and Chief Financial Officer

DLB · Dolby Laboratories, Inc.

Effective: 2021-10-15
Filed: October 15, 2021, 7:59 PM ET

On October 15, 2021, Dolby Laboratories, Inc. (the “Company”) appointed Robert J. Park, age 51, as Senior Vice President and Chief Financial Officer.

Departed

Lewis Chew

Executive Vice President and Chief Financial Officer

DLB · Dolby Laboratories, Inc.

Effective: 2021-10-15
Successor: Robert J. Park
Filed: October 15, 2021, 7:59 PM ET

Mr. Chew ceased to serve as Chief Financial Officer effective as of the appointment of Mr. Park

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Robert J. Park was appointed as Senior Vice President and Chief Financial Officer at Dolby Laboratories, Inc..

Action: appointed
Role: Senior Vice President and Chief Financial Officer

Exact text from the filing

On October 15, 2021, Dolby Laboratories, Inc. (the “Company”) appointed Robert J. Park, age 51, as Senior Vice President and Chief Financial Officer.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Lewis Chew retired as Executive Vice President and Chief Financial Officer at Dolby Laboratories, Inc..

Action: retired
Role: Executive Vice President and Chief Financial Officer

Exact text from the filing

Mr. Chew ceased to serve as Chief Financial Officer effective as of the appointment of Mr. Park

View on SEC.gov

Dolby Laboratories, Inc. filing history →

Source: SEC EDGAR

accession 0001193125-21-299758

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