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Microchip Technology Inc. – ‘8-K’ for 4/1/24

On:  Tuesday, 4/2/24, at 4:18pm ET   ·   For:  4/1/24   ·   Accession #:  827054-24-63   ·   File #:  0-21184

Previous ‘8-K’:  ‘8-K’ on / for 3/7/24   ·   Latest ‘8-K’:  This Filing

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  As Of               Filer                 Filing    For·On·As Docs:Size

 4/02/24  Microchip Technology Inc.         8-K:5       4/01/24   10:206K

Current Report   —   Form 8-K

Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 8-K         Current Report                                      HTML     24K 
 5: R1          Cover Page                                          HTML     45K 
 7: XML         IDEA XML File -- Filing Summary                      XML     11K 
10: XML         XBRL Instance -- mchp-20240401_htm                   XML     13K 
 6: EXCEL       IDEA Workbook of Financial Report Info              XLSX      8K 
 3: EX-101.LAB  XBRL Labels -- mchp-20240401_lab                     XML     62K 
 4: EX-101.PRE  XBRL Presentations -- mchp-20240401_pre              XML     33K 
 2: EX-101.SCH  XBRL Schema -- mchp-20240401                         XSD     10K 
 8: JSON        XBRL Instance as JSON Data -- MetaLinks               12±    17K 
 9: ZIP         XBRL Zipped Folder -- 0000827054-24-000063-xbrl      Zip     41K 


‘8-K’   —   Current Report


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 iX:   C:   C: 
  mchp-20240401  
 i 0000827054 i false00008270542024-04-012024-04-01

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM  i 8-K

CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF
THE SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported)
 i April 1, 2024
mlogoa10.jpg
 i MICROCHIP TECHNOLOGY INCORPORATED
(Exact Name Of Registrant As Specified In Its Charter)
 i Delaware i 0-21184 i 86-0629024
(State Or Other Jurisdiction Of Incorporation)(Commission File No.)(IRS Employer Identification No.)

 i 2355 West Chandler Boulevard,  i Chandler,  i Arizona  i 85224-6199
(Address Of Principal Executive Offices, Including Zip Code)

( i 480)  i 792-7200
(Registrant’s Telephone Number, Including Area Code)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
 i Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
 i Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
 i Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
 i Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
Title of Each Class Trading SymbolName of Each Exchange on Which Registered
 i Common Stock
$0.001 par value per share
 i MCHP i NASDAQ Stock Market LLC
(Nasdaq Global Select Market)
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR 230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR 240.12b-2). 
Emerging growth company  i  
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.  



Item 5.02.    Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

Appointment of Chief Operating Officer

On April 1, 2024, the Board of Directors of Microchip Technology Incorporated (the “Company”), appointed Richard J. Simoncic as Chief Operating Officer of the Company. In this position, Mr. Simoncic will report to Ganesh Moorthy, the President and Chief Executive Officer of the Company.

Mr. Simoncic, age 60, has served as the Company’s Executive Vice President since April 2023. He served as Vice President, Analog Power and Interface Business Units from September 1999 to April 2023 and, from October 1995 to September 1999, he served as Vice President in various roles. Since joining Microchip in 1990, Mr. Simoncic held various roles in Design, Device/Yield Engineering and Quality Systems. Mr. Simoncic holds a B.S. degree in Electrical Engineering Technology from DeVry Institute of Technology.

There are no family relationships between Mr. Simoncic and any director or executive officer of the Company, and Mr. Simoncic has no direct or indirect material interest in any transaction required to be disclosed pursuant to Item 404(a) of Regulation S-K.

Retirement of Executive Officer

On April 1, 2024, Stephen V. Drehobl, the Company’s Senior Vice President, MCU 8 and MCU 16 Business Units, informed the Company of his retirement from the Company effective June 7, 2024.




SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 MICROCHIP TECHNOLOGY INCORPORATED
  
Date: April 2, 2024
 J. Eric Bjornholt
 Senior Vice President and Chief Financial Officer
 (Principal Financial and Accounting Officer)


Dates Referenced Herein

This ‘8-K’ Filing    Date    Other Filings
6/7/24None on these Dates
Filed on:4/2/24
For Period end:4/1/24
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