secwatch.observer — SEC 8-K summary
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Issuer:     ADVANCED ENERGY INDUSTRIES INC (AEIS)
CIK:        0000927003
Form:       8-K
Filed at:   2021-09-08T23:59:59+00:00
Accession:  0001558370-21-012283
Event type: leadership
Sentiment:  neutral
Materiality: 0.60
Item codes: 5.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Advanced Energy appoints Eduardo Bernal as EVP and COO, effective Sept 13, 2021
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- Eduardo Bernal, 54, brings 30+ years of semiconductor ops experience, most recently SVP at NXP Semiconductors overseeing 12,000 employees.
- Compensation includes base salary of S$563,784, annual target cash incentive of 70% of base, and LTI equity grant of $1 million.
- One-time signing bonus of S$270,000 and equity grant of $500,000 in restricted stock units vesting over three years.
- Bernal will report to CEO Steve Kelley and be based in Singapore, headquarters for Advanced Energy's global operations.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/927003/000155837021012283/0001558370-21-012283-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/927003/000155837021012283/aeis-20210908x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-21-012283

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