leadership
confidence high
sentiment neutral
materiality 0.25
onsemi CAO Bernard Colpitts to resign effective Nov 1, 2023; CFO Thad Trent to assume role
ON SEMICONDUCTOR CORP
- Bernard R. Colpitts, Jr. notified his resignation as SVP and CAO on Sept 11, effective on or about Nov 1, 2023.
- Colpitts will depart after the company files its Q3 2023 Form 10-Q (quarter ending Sept 29, 2023).
- Resignation is voluntary for other opportunities; no disagreement with accounting or financial reporting policies.
- CFO Thad Trent will also serve as principal accounting officer upon Colpitts' departure.