Skyworks Solutions Adopts Severance and Change in Control Benefits Plan for Executives
Skyworks Solutions' Compensation Committee adopted a Severance and Change in Control Benefits Plan on November 11, 2025, covering Senior Vice Presidents and above who report to the CEO, excluding the CEO. The plan sets severance terms for terminations with and without a change in control, and it replaces existing change-in-control agreements for participants who sign on.
Key points
- Plan adopted by the Compensation Committee on November 11, 2025; it does not apply to the Chief Executive Officer
- Without a change in control, eligible executives receive a lump sum equal to annual base salary, plus prorated short-term incentive and up to 12 months of COBRA premiums
- Change in control benefits include a lump sum of 1.5 times base salary plus target short-term cash incentive, with COBRA premiums for up to 18 months
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:12 AM ET, from the text of the filing and its press-release exhibits 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 November 14, 2025.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.