secwatch.observer — SEC 8-K summary
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Issuer:     Dolby Laboratories, Inc. (DLB)
CIK:        0001308547
Form:       8-K
Filed at:   2021-10-15T23:59:59+00:00
Accession:  0001193125-21-299758
Event type: leadership
Sentiment:  neutral
Materiality: 0.65
Item codes: 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1308547/000119312521299758/0001193125-21-299758-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1308547/000119312521299758/d228469d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-21-299758

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