Skyworks Solutions Unveils New Severance and Change in Control Benefits Plan for Senior Executives

Reuters11-15

Skyworks Solutions Unveils New Severance and Change in Control Benefits Plan for Senior Executives

Skyworks Solutions Inc. has announced the adoption of a new Severance and Change in Control Benefits Plan for its senior leadership, excluding the Chief Executive Officer. Under the plan, eligible executives who hold the title of Senior Vice President or above and report to the CEO will receive a lump sum severance payment equal to their current annual base salary if their employment is terminated under specified circumstances. Additionally, they will be entitled to a prorated annual short-term incentive based on actual performance, as well as any unpaid incentive awards from the prior fiscal year. The plan requires certain executives to terminate any existing Change in Control agreements to participate.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Skyworks Solutions Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0000004127-25-000088), on November 14, 2025, and is solely responsible for the information contained therein.

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