---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-369707"
form_type: "8-K"
ticker: "DLB"
cik: "0001308547"
company_name: "Dolby Laboratories, Inc."
filed_at: "2026-08-27T13:00:06+00:00"
generated_at: "2026-08-27T13:01:09.983939+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Dolby names Marc Whitten CEO as Kevin Yeaman retires

## Summary
- Marc Whitten named President, CEO, and director effective Aug 27, 2026; Kevin Yeaman retires same day.
- Whitten receives $1M salary, 100% target bonus, $2.1M sign-on, ~$10M RSUs, and 600k PSUs with $75-$175 price hurdles.
- Yeaman to advise through end of 2027 at $40k/month for 6 months; equity continues vesting during consulting period.
- Retention awards of ~$3M each granted to EVPs John Couling and Andy Sherman, vesting after 2 years.
- Board adopts 2026 Inducement Plan reserving 2.5M shares for new-hire equity awards.

## SEC filing metadata
- accession: 0001193125-26-369707
- form_type: 8-K
- ticker: DLB
- cik: 0001308547
- company_name: Dolby Laboratories, Inc.
- filed_at: 2026-08-27T13:00:06+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 5.02, 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1308547/000119312526369707/0001193125-26-369707-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1308547/000119312526369707/d349287d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-369707
- JSON: https://secwatch.observer/filing/0001193125-26-369707.json
- Plain text: https://secwatch.observer/filing/0001193125-26-369707.txt

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