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Skyworks Solutions ( (SWKS) ) has shared an update.
On February 4, 2025, Skyworks Solutions, Inc. announced the appointment of Philip G. Brace as the new Chief Executive Officer and President, effective February 17, 2025, succeeding Liam K. Griffin, who will step down on the same date. Concurrently, Christine King, previously Lead Independent Director, was appointed Chairman of the Board. The leadership transition was part of a comprehensive succession process with Brace bringing extensive experience from the semiconductor, server, IoT, and storage industries. His appointment is expected to drive Skyworks’ long-term initiatives and enhance its market presence, particularly in the wireless networking revolution. The announcement also included details of Brace’s compensation package, performance-based incentives, and severance agreements designed to align his interests with the company’s performance goals.
More about Skyworks Solutions
Skyworks Solutions, Inc. is a leading developer, manufacturer, and provider of analog and mixed-signal semiconductors and solutions for various applications including aerospace, automotive, broadband, cellular infrastructure, connected home, defense, entertainment and gaming, industrial, medical, smartphone, tablet, and wearables. The company is global, with facilities throughout Asia, Europe, and North America, and is a member of the S&P 500 market index.
YTD Price Performance: -1.55%
Average Trading Volume: 2,567,162
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $14B
For an in-depth examination of SWKS stock, go to TipRanks’ Stock Analysis page.
