Dolby adopts 2022 executive bonus plan; Giles Baker transitions to Cloud Media Solutions role

Dolby Laboratories, Inc.

CEO Kevin Yeaman target bonus set at 100% of base salary; other named executive officers at 65%.
Plan metrics based on non-GAAP operating income, revenue; CEO bonus subject to Committee discretion.
Giles Baker moves from SVP Consumer Entertainment Group to SVP Cloud Media Solutions; ceases as Section 16 officer effective Nov 9, 2021.

item 5.02 item 9.01

Executive movements

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Role change

Giles Baker

Senior Vice President, Cloud Media Solutions

DLB · Dolby Laboratories, Inc.

Effective: 2021-11-09
Filed: November 12, 2021, 6:59 PM ET

Also on November 9, 2021, the Company announced that Giles Baker will transition from his role as Senior Vice President, Consumer Entertainment Group, to Senior Vice President, Cloud Media Solutions, and will no longer serve as a Section 16 officer for purposes of federal securities laws.

Key facts

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Executive change SEC 8-K Item 5.02 confidence 0.95

Giles Baker changed role as Senior Vice President, Cloud Media Solutions at Dolby Laboratories, Inc..

Action: transitioned
Role: Senior Vice President, Cloud Media Solutions

Exact text from the filing

Also on November 9, 2021, the Company announced that Giles Baker will transition from his role as Senior Vice President, Consumer Entertainment Group, to Senior Vice President, Cloud Media Solutions, and will no longer serve as a Section 16 officer for purposes of federal securities laws.

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Dolby Laboratories, Inc. filing history →

Source: SEC EDGAR

accession 0001193125-21-328165

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