Semtech CEO Mohan Maheswaran to retire; transition support for 18 months

SEMTECH CORP

Maheswaran retires after 17 years as CEO; will continue until board appoints successor or Sep 14, 2024.
He will provide 18 months of transition support, including consulting after retirement.
Granted 232,635 restricted stock units vesting quarterly over 18 months; FY2024 target bonus ($937,500) pro-rated.
Board to conduct search for new CEO; no replacement named yet.
Maheswaran to remain on board until CEO retirement effective.

item 5.02 item 7.01 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Departed

Mohan Maheswaran

President and Chief Executive Officer

SMTC · SEMTECH CORP

Filed: March 16, 2023, 7:59 PM ET

Mohan Maheswaran intends to retire from his role as Semtech’s President and Chief Executive Officer.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Mohan Maheswaran departed as President and Chief Executive Officer at SEMTECH CORP.

Action: retire
Role: President and Chief Executive Officer

Exact text from the filing

Mohan Maheswaran intends to retire from his role as Semtech’s President and Chief Executive Officer.

View on SEC.gov

SEMTECH CORP filing history →

Source: SEC EDGAR

accession 0001193125-23-071869

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.