8-K filed April 28, 2025, 7:59 PM ET ticker NXPI CIK 0001413447

leadership confidence high sentiment neutral materiality 0.75

NXP Q1 revenue $2.84B (-9% YoY); CEO Sievers to retire Oct 2025, Sotomayor named successor.

NXP Semiconductors N.V.

Revenue $2.84B, down 9% YoY; GAAP diluted EPS $1.92, non-GAAP diluted EPS $2.64.
CEO Kurt Sievers to retire Oct 28, 2025; will serve as advisor through Dec 31, 2025.
Rafael Sotomayor appointed President effective Apr 28, 2025, CEO effective Oct 28, 2025. Base salary $800k, target bonus 110%.
Q1 operating cash flow $565M, capex $138M, non-GAAP FCF $427M. Capital return $561M (131% of FCF).
Announced Kinara acquisition ($307M all-cash, expected H1 2025 close) and €1B EIB loan at 4.54% for 6 years.

item 2.02 item 5.02 item 9.01

Executive movements

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

Departed

Kurt Sievers

President

NXPI · NXP Semiconductors N.V.

Effective: 2025-04-28
Successor: Rafael Sotomayor
Filed: April 28, 2025, 7:59 PM ET

appointed Rafael Sotomayor to succeed Mr. Sievers as President, effective April 28, 2025

Appointed

Rafael Sotomayor

President

NXPI · NXP Semiconductors N.V.

Effective: 2025-04-28
Filed: April 28, 2025, 7:59 PM ET

appointed Rafael Sotomayor to succeed Mr. Sievers as President, effective April 28, 2025

Departed

Kurt Sievers

Chief Executive Officer

NXPI · NXP Semiconductors N.V.

Effective: 2025-10-28
Successor: Rafael Sotomayor
Filed: April 28, 2025, 7:59 PM ET

Mr. Kurt Sievers, the CEO and President of NXP Semiconductors N.V. (the “Company”), provided notice that he would voluntarily retire as CEO and executive director of the Company on October 28, 2025.

Appointed

Rafael Sotomayor

Chief Executive Officer

NXPI · NXP Semiconductors N.V.

Effective: 2025-10-28
Filed: April 28, 2025, 7:59 PM ET

designated Mr. Sotomayor as CEO and temporary executive director of the Company effective as of October 28, 2025

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Kurt Sievers retired as President at NXP Semiconductors N.V..

Action: retired
Role: President

Exact text from the filing

appointed Rafael Sotomayor to succeed Mr. Sievers as President, effective April 28, 2025

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Rafael Sotomayor was appointed as President at NXP Semiconductors N.V..

Action: appointed
Role: President

Exact text from the filing

appointed Rafael Sotomayor to succeed Mr. Sievers as President, effective April 28, 2025

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Kurt Sievers retired as Chief Executive Officer at NXP Semiconductors N.V..

Action: retired
Role: Chief Executive Officer

Exact text from the filing

Mr. Kurt Sievers, the CEO and President of NXP Semiconductors N.V. (the “Company”), provided notice that he would voluntarily retire as CEO and executive director of the Company on October 28, 2025.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Rafael Sotomayor was appointed as Chief Executive Officer at NXP Semiconductors N.V..

Action: designated
Role: Chief Executive Officer

Exact text from the filing

designated Mr. Sotomayor as CEO and temporary executive director of the Company effective as of October 28, 2025

View on SEC.gov

NXP Semiconductors N.V. filing history →

Source: SEC EDGAR

accession 0001413447-25-000027

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