Adeia CEO Paul Davis to step down by Q4 2026; board launches search for successor
Adeia CEO Paul E. Davis told the company and board on May 4, 2026, that he intends to step down as CEO and as a director to focus on his health and personal pursuits. He will remain in both roles until a successor is named, with a target for completing the search by the fourth quarter of 2026.
Key points
- Davis has served as CEO for the past four years and has been with the company nearly 15 years, including predecessor companies.
- A board Transition Committee, chaired by Chairman Dan Moloney, will lead the search and consider internal and external candidates, assisted by a nationally recognized search firm.
- The filing states the decision is not the result of any disagreement with the company.
- Davis stated the company is in a strong financial, strategic and operational position, and the company cited record revenue and earnings in 2025.
The filing
Written by AI on Nov 8, 2026, 1:54 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on May 04, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.