---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-071869"
form_type: "8-K"
ticker: "SMTC"
cik: "0000088941"
company_name: "SEMTECH CORP"
filed_at: "2023-03-16T23:59:59+00:00"
generated_at: "2026-06-18T01:27:42.658771+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001193125-23-071869
- form_type: 8-K
- ticker: SMTC
- cik: 0000088941
- company_name: SEMTECH CORP
- filed_at: 2023-03-16T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/88941/000119312523071869/0001193125-23-071869-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/88941/000119312523071869/d482480d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-071869
- JSON: https://secwatch.observer/filing/0001193125-23-071869.json
- Plain text: https://secwatch.observer/filing/0001193125-23-071869.txt

## Key facts
- Executive change
  Mohan Maheswaran departed as President and Chief Executive Officer at SEMTECH CORP.
  - Action: retire
  - Role: President and Chief Executive Officer
  source text: Mohan Maheswaran intends to retire from his role as Semtech’s President and Chief Executive Officer.
  evidence_url: https://www.sec.gov/Archives/edgar/data/88941/000119312523071869/0001193125-23-071869-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.