ON SEMICONDUCTOR CORP shareholders approved Stockholder proposal regarding simple majority voting at the 2026-05-14 meeting.
“The Company’s stockholders approved the stockholder proposal regarding simple majority voting, as set forth below:”
ON SEMICONDUCTOR CORP — fact timeline
Source-grounded facts extracted from ON SEMICONDUCTOR CORP's SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.
ON SEMICONDUCTOR CORP shareholders approved Ratification of the selection of PricewaterhouseCoopers LLP as the Company’s independent registered public accounting firm for the year ending December 31, 2026 at the 2026-05-14 meeting.
“The Company’s stockholders ratified the selection of PricewaterhouseCoopers LLP as the Company’s independent registered public accounting firm for the year ending December 31, 2026, as set forth below:”
ON SEMICONDUCTOR CORP shareholders approved Advisory (non-binding) resolution to approve the compensation of the Company’s named executive officers at the 2026-05-14 meeting.
“The Company’s stockholders approved the advisory (non-binding) resolution to approve the compensation of the Company’s named executive officers, as set forth below:”
ON SEMICONDUCTOR CORP shareholders approved Election of seven directors for a one-year term expiring at the 2027 annual meeting at the 2026-05-14 meeting.
“The Company’s stockholders elected seven directors of the Company, each for a one-year term expiring at the 2027 annual meeting of stockholders and until their successors are duly elected and qualified, or until the earlier time of their death, resignation or removal, as set forth below:”
Simon Keeton departed as Group President, Power Solutions Group at ON SEMICONDUCTOR CORP.
“Simon Keeton, the former Group President, Power Solutions Group, of onsemi, stepped down from all officer positions with onsemi effective March 9, 2026, as mutually agreed between the parties.”
ON SEMICONDUCTOR CORP entered into Indenture for 0% Convertible Senior Notes due 2031 with Computershare Trust Company, National Association valued at $1,500,000,000 (effective 2026-05-11).
“On May 11, 2026, ON Semiconductor Corporation (the “ Company ”) completed its previously announced private unregistered offering of $1.5 billion aggregate principal amount of its 0% Convertible Senior Notes due 2031 (the “ Notes ”), which amount includes the full exercise of the initial purchasers’ option to purchase $200 million aggregate principal amount of additional Notes.”
ON SEMICONDUCTOR CORP incurred convertible notes of $1.5 billion aggregate principal amount with initial purchasers at 0% maturing May 1, 2031.
“On May 11, 2026, ON Semiconductor Corporation (the “ Company ”) completed its previously announced private unregistered offering of $1.5 billion aggregate principal amount of its 0% Convertible Senior Notes due 2031 (the “ Notes ”), which amount includes the full exercise of the initial purchasers’ option to purchase $200 million aggregate principal amount of additional Notes.”
ON SEMICONDUCTOR CORP announced a impairment with charges of between $200 million and $300 million affecting certain onsemi manufacturing facilities.
“on November 13, 2025, management approved the recognition of additional pre-tax non-cash impairment and accelerated depreciation charges of between $200 million and $300 million. These impairment and accelerated depreciation charges are for long-lived assets relating to investments in manufacturing assets at certain onsemi manufacturing facilities.”
ON SEMICONDUCTOR CORP announced a impairment with charges of pre-tax non-cash impairment charges of between $600 million and $700 million affecting certain onsemi manufacturing facilities.
“On March 17, 2025, as part of the restructuring plan and cost reduction initiatives previously announced on February 24, 2025, management of ON Semiconductor Corporation (the “ Company ” or “ we ” and, together with its subsidiaries, “ onsemi ”) approved the recognition of pre-tax non-cash impairment charges of between $600 million and $700 million. These impairment charges are for long-lived assets relating to investments in manufacturing equipment at certain onsemi manufacturing facilities pursuant to held-for-sale accounting guidance.”
ON SEMICONDUCTOR CORP announced a restructuring with charges of between $50 million and $60 million in employment-related charges for, among other things, one-time cash payments for severance, benefits expenses, payroll taxe affecting company-wide restructuring plan that will impact all business groups including the worldwide manufacturing organization (approximately 2,400 employees).
“On February 24, 2025, ON Semiconductor Corporation (the “ Company ” and, together with its subsidiaries, “ onsemi ”) initiated a company-wide restructuring plan that will impact all business groups including the worldwide manufacturing organization (the “ Restructuring Plan ”). This Restructuring Plan, as approved by management, consists of cost reduction initiatives designed to align onsemi’s spending with current business trends while enabling the Company to continue to make progress towards its long-term financial operating model. Under the Restructuring Plan, onsemi intends to reduce its global workforce by approximately 2,400 employees. onsemi expects this reduction in force to be completed during 2025, subject to applicable local law and regulations. The Company estimates that it will incur between $50 million and $60 million in employment-related charges for, among other things, one-time cash payments for severance, benefits expenses, payroll taxes and other ancillary charges.”
Atsushi Abe resigned as member of the board of directors at ON SEMICONDUCTOR CORP.
“On October 1, 2024, Atsushi Abe, a member of the board of directors (the “ Board ”) of ON Semiconductor Corporation (the “ Company ”), gave notice of his intent to resign from the Board and its committees, effective October 11, 2024.”
ON SEMICONDUCTOR CORP reported first quarter ended March 29, 2024 results: revenue $1,862.7 million, net income $453.0, EPS $1.04.
“SCOTTSDALE, Ariz, – Apr 29, 2024 – onsemi (the “Company”) (Nasdaq: ON) today announced results for the first quarter of 2024 with the following highlights: • Revenue of $1,862.7 million • GAAP gross margin and non-GAAP gross margin of 45.8 percent and 45.9 percent, respectively • GAAP operating margin and non-GAAP operating margin of 28.2 percent and 29.0”
Ross Jatou resigned as Senior Vice President and General Manager, Intelligent Sensing Group at ON SEMICONDUCTOR CORP.
“On February 6, 2024, Ross Jatou, Senior Vice President and General Manager, Intelligent Sensing Group, of ON Semiconductor Corporation (the “ Company ”), notified the Company of his resignation from all positions with the Company and its affiliates (together, “ onsemi ”), effective on or about February 22, 2024.”
ON SEMICONDUCTOR CORP reported the first quarter of 2024 results: revenue $1,800 to $1,900 million, EPS $0.94 to $1.06. Guidance initiated.
“Revenue $1,800 to $1,900 million — $1,800 to $1,900 million Gross Margin 44.4% to 46.4% 0.1% 44.5% to 46.5% Operating Expenses $320 to $335 million $15 million $305 to $320 million Other Income and Expense (including interest expense), net ($8 million) — ($8 million) Diluted Earnings Per Share $0.94 to $1.06 $0.04 $0.98 to $1.10”
ON SEMICONDUCTOR CORP reported the fiscal year ended December 31, 2023 results: revenue $8,253.0, EPS $4.89.
“Revenue $8,253.0 $8,326.2 $8,253.0 $8,326.2 Gross Margin 47.1 % 49.0 % 47.1 % 49.2 % Operating Margin 30.8 % 28.3 % 32.3 % 34.5 % Net Income attributable to onsemi $2,183.7 $1,902.2 $2,256.2 $2,347.7 Diluted Earnings Per Share $4.89 $4.25 $5.16 $5.33”
ON SEMICONDUCTOR CORP reported the fourth quarter ended December 31, 2023 results: revenue $2,018.1 million, EPS $1.28.
“• Fourth quarter revenue of $2,018.1 million • Fourth quarter GAAP and non-GAAP gross margin of 46.7% • GAAP operating margin and non-GAAP operating margin of 30.3% and 31.6%, respectively • GAAP diluted earnings per share and non-GAAP diluted earnings per share of $1.28 and $1.25, respectively”
ON SEMICONDUCTOR CORP reported third quarter ended September 29, 2023 results: revenue $2,180.8 million, net income $582.7 million, EPS $1.29.
“markets SCOTTSDALE, Ariz, – Oct 30, 2023 – onsemi (the “Company”) (Nasdaq: ON) today announced results for the third quarter of 2023 with the following highlights: • Revenue of $2,180.8 million; GAAP and non-GAAP gross margin of 47.3 percent • GAAP operating margin and non-GAAP operating margin of 31.5 percent and 32.6 percent, respectively • GAAP diluted earnings per”
Thad Trent changed role as Executive Vice President, Chief Financial Officer, and Treasurer at ON SEMICONDUCTOR CORP.
“Effective with Mr. Colpitts’ departure, Thad Trent, who has served as Executive Vice President, Chief Financial Officer, and Treasurer of the Company since February 2021, will assume the additional role of principal accounting officer.”
Bernard R. Colpitts, Jr. resigned as Senior Vice President and Chief Accounting Officer at ON SEMICONDUCTOR CORP.
“On September 11, 2023, Bernard R. Colpitts, Jr., Senior Vice President and Chief Accounting Officer of ON Semiconductor Corporation (the “ Company ”), notified the Company of his intent to resign from all positions with the Company and its affiliates (together, “ onsemi ”) on or about November 1, 2023.”
Christina Lampe-Önnerud was appointed as director at ON SEMICONDUCTOR CORP.
“appointed Christina Lampe-Önnerud to serve as a director of the Board (“ Director ”), effective as of September 1, 2023.”
ON SEMICONDUCTOR CORP reported the second quarter ended June 30, 2023 results: revenue $2,094.4 million, net income $576.6, EPS $1.29.
“SCOTTSDALE, Ariz, – July 31, 2023 – onsemi (the “Company”) (Nasdaq: ON) today announced results for the second quarter of 2023 with the following highlights: • Revenue of $2,094.4 million, flat year-over-year • GAAP and non-GAAP gross margin of 47.4 percent • GAAP operating margin and non-GAAP operating margin of 32.2 percent and 32.8 percent respectively • GAAP”
ON SEMICONDUCTOR CORP incurred revolving credit of $1.5 billion senior revolving credit facility; $375,000,000 aggregate borrowed on closing date with JPMorgan Chase Bank, N.A., as administrative agent; several lenders party thereto at Term Benchmark Loans plus 1.25%; RFR Loans plus 1.25%; ABR Loans based on prime maturing not specified (revolving credit facility).
“On June 22, 2023 (the " Closing Date "), ON Semiconductor Corporation (the " Company ") entered into a $1.5 billion senior revolving credit facility (the " Revolvin g Credit Facility "), the terms of which are set forth in a Credit Agreement (the " New Credit A g reement "), dated as of June 22, 2023, by and among the Company, as borrower, the several lenders party thereto (the " Lenders "), JPMorgan Chase Bank, N.A., as administrative agent”
ON SEMICONDUCTOR CORP terminated Existing Credit Agreement with Deutsche Bank AG New York Branch valued at all of the Company’s and its subsidiaries’ indebtedness under the credit agreement by and among the (effective 2023-06-22).
“On the Closing Date, the Company used the Gross Proceeds to (i) refinance, repay and terminate, including discharging and releasing all security and guaranties (subject to the timelines contemplated in the New Credit Agreement) in respect of, all of the Company’s and its subsidiaries’ indebtedness under the credit agreement by and among the Company as borrower, the several lenders from time to time parties thereto, Deutsche Bank AG New York Branch, as Administrative Agent and Collateral Agent, and the other parties thereto, dated as of April 15, 2016, as amended (the “ Existing Credit Agreement ”)”
ON SEMICONDUCTOR CORP entered into New Credit Agreement with JPMorgan Chase Bank, N.A., Bank of America, N.A., Barclays Bank PLC, BMO Capital Markets, Corp., BNP Paribas Securities Corp., Citibank, N.A., Credit Agricole Corporate and Investment Bank, Deutsche Bank Securities, Inc., Goldman Sachs Bank USA, HSBC Securities (USA) N.A., Morgan Stanley Senior Fund valued at $1.5 billion (effective 2023-06-22).
“On June 22, 2023 (the “ Closing Date ”), ON Semiconductor Corporation (the “ Company ”) entered into a $1.5 billion senior revolving credit facility (the “ Revolvin g Credit Facility ”), the terms of which are set forth in a Credit Agreement (the “ New Credit A g reement ”), dated as of June 22, 2023, by and among the Company, as borrower, the several lenders party thereto (the “ Lenders ”), JPMorgan Chase Bank, N.A., as administrative agent (the “ Administrative Agent ”), JPMorgan Chase Bank, N.A., Bank of America, N.A., Barclays Bank PLC, BMO Capital Markets, Corp., BNP Paribas Securities Corp., Citibank, N.A., Credit Agricole Corporate and Investment Bank, Deutsche Bank Securities, Inc., Goldman Sachs Bank USA, HSBC Securities (USA) N.A., Morgan Stanley Senior Funding, Inc., MUFG Bank, LTD, PNC Bank, National Association and Sumitomo Mitsui Banking Corporation, as joint lead arrangers and joint bookrunners, and BMO Capital Markets, as sustainability structuring agent.”
ON SEMICONDUCTOR CORP reported second quarter of 2023 results: revenue $1,975 to $2,075 million, EPS $1.08 to $1.22. Guidance initiated.
“Revenue $1,975 to $2,075 million - $1,975 to $2,075 million Gross Margin 45.4% to 47.4% 0.1% 45.5% to 47.5% Operating Expenses $314 to $329 million $17 million $297 to $312 million Other Income and Expense (including interest expense), net $3 to $5 million - $3 to $5 million Diluted Earnings Per Share $1.08 to $1.22 $0.06 $1.14 to $1.28 Diluted Shares Outstanding * 449 million 9 million 440 million”
ON SEMICONDUCTOR CORP reported the first quarter ended March 31, 2023 results: revenue $1,959.7 million, net income $461.7, EPS $1.03.
“• Revenue of $1,959.7 million, an increase of 1 percent year-over-year • GAAP and non-GAAP gross margin of 46.8 percent • GAAP operating margin and non-GAAP operating margin of 28.8 percent and 32.2 percent respectively • GAAP diluted earnings per share of $1.03, Non-GAAP diluted earnings per share of $1.19 as compared to $1.22 in the quarter a year ago”
Sudhir Gopalswamy changed role as Senior Officer, Advanced Solutions Group at ON SEMICONDUCTOR CORP.
“Sudhir Gopalswamy, the Company’s Senior Vice President and Chief Strategy Officer, has transitioned roles and is now the senior officer in charge of ASG effective as of the Effective Date.”
Robert Tong departed as Senior Vice President and General Manager, Advanced Solutions Group at ON SEMICONDUCTOR CORP.
“On April 24, 2023 (the “Effective Date”), ON Semiconductor Corporation (the “Company”, and including its affiliates, “onsemi”) and Robert Tong, Senior Vice President and General Manager, Advanced Solutions Group (“ASG”) agreed that Mr. Tong would step down from his officer positions with onsemi, effective immediately, and will retire from all positions with onsemi effective June 19, 2023.”
ON SEMICONDUCTOR CORP incurred convertible notes of $1.5 billion aggregate principal amount with Computershare Trust Company, National Association at 0.50% per year maturing March 1, 2029.
“On February 28, 2023, ON Semiconductor Corporation (the “ Company ”) completed its previously announced private unregistered offering of $1.5 billion aggregate principal amount of its 0.50% Convertible Senior Notes due 2029 (the “ Notes ”), which amount includes the full exercise of the initial purchasers’ option to purchase up to $200 million aggregate principal amount of additional Notes.”
ON SEMICONDUCTOR CORP entered into Indenture with Computershare Trust Company, National Association valued at $1.5 billion aggregate principal amount of 0.50% Convertible Senior Notes due 2029 (effective 2023-02-28).
“On February 28, 2023, ON Semiconductor Corporation (the “ Company ”) completed its previously announced private unregistered offering of $1.5 billion aggregate principal amount of its 0.50% Convertible Senior Notes due 2029 (the “ Notes ”), which amount includes the full exercise of the initial purchasers’ option to purchase up to $200 million aggregate principal amount of additional Notes.”
ON SEMICONDUCTOR CORP reported first quarter of 2023 results: revenue $1,870 to $1,970 million, EPS $0.99 to $1.11. Guidance initiated.
“Revenue $1,870 to $1,970 million $1,870 to $1,970 million Gross Margin 45.6% to 47.6% 0.1% 45.7% to 47.7% Operating Expenses $316 to $331 million $18 million $298 to $313 million Other Income and Expense (including interest expense), net $21 to $25 million - $21 to $25 million Diluted Earnings Per Share $0.99 to $1.11 $0.03 $1.02 to $1.14”
ON SEMICONDUCTOR CORP reported fiscal year 2022 results: revenue $8,326.2, net income $1,902.2, EPS $4.24.
“Selected financial results for 2022 and 2021 are shown below: GAAP Non-GAAP Year Ended Year Ended (Revenue and Net Income in millions) December 31, 2022 December 31, 2021 December 31, 2022 December 31, 2021 Revenue $8,326.2 $6,739.8 $8,326.2 $6,739.8 Gross Margin 49.0 % 40.3 % 49.2 % 40.4 % Operating Margin 28.3 % 19.1 % 34.5 % 21.9 % Net Income attributable to onsemi $1,902.2 $1,009.6 $2,347.7 $1,285.5 Diluted Earnings Per Share $4.24 $2.27 $5.33 $2.95”
ON SEMICONDUCTOR CORP reported the fourth quarter ended December 31, 2022 results: revenue $2,103.6 million, net income $604.3, EPS $1.35.
“– Feb. 6, 2023 – onsemi (the “Company”) (Nasdaq: ON) today announced its fourth quarter and fiscal year 2022 results with the following highlights: • Fourth quarter revenue of $2,103.6 million increased by 14% year-over-year • Fourth quarter GAAP gross margin of 48.5% increased by 343 bps year-over-year and non-GAAP gross margin of 48.4% increased by 321 bps”
ON SEMICONDUCTOR CORP reported fourth quarter of 2022 results: revenue Revenue $2,010 to $2,140 million, EPS Diluted Earnings Per Share $1.20 to $1.36. Guidance initiated.
“The following table outlines onsemi’s projected fourth quarter of 2022 GAAP and non-GAAP outlook. Total onsemi GAAP Special Items ** Total onsemi Non-GAAP*** Revenue $2,010 to $2,140 million - $2,010 to $2,140 million Gross Margin 47.0% to 49.0% - 47.0% to 49.0% Operating Expenses $323 to $338 million $18 million $305 to $320 million Other Income and Expense (including interest expense), net ($18) to ($14) million ($40) million $22 to $26 million Diluted Earnings Per Share $1.20 to $1.36 $0.02 $1.18 to $1.34”
ON SEMICONDUCTOR CORP reported the third quarter ended September 30, 2022 results: revenue Record revenue of $2,192.6 million, net income Net Income attributable to ON Semiconductor $311.9, EPS GAAP diluted earnings per share of $0.70.
“Results PHOENIX – Oct. 31, 2022 – onsemi (the “Company”) (Nasdaq: ON) today announced results for the third quarter of 2022 with the following highlights: • Record revenue of $2,192.6 million, an increase of 26 percent year-over-year • GAAP and non-GAAP gross margin of 48.3 percent and 49.3 percent, respectively • GAAP operating margin of 19.4 percent • Record”
Robert Tong was appointed as Senior Officer in charge of ASG at ON SEMICONDUCTOR CORP.
“Robert Tong, a Senior Vice President and direct report of Mr. Hopkin who has served as General Manager of the Mobile, Computing and Cloud Division of ASG since 2019, will assume Mr. Hopkin’s duties as the senior officer in charge of ASG effective as of the Effective Date.”
Vincent C. Hopkin departed as Executive Vice President and General Manager, Advanced Solutions Group at ON SEMICONDUCTOR CORP.
“Vincent C. Hopkin, Executive Vice President and General Manager, Advanced Solutions Group (“ ASG ”) for ON Semiconductor Corporation (the “ Company ” and, including its affiliates, “ onsemi ”), informed the Company’s Board of Directors (the “ Board ”) of his intention to step down from his officer positions with onsemi, effective immediately, and will retire from all positions with onsemi effective July 31, 2022 (the “ Retirement Date ”).”
Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.