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Microchip Technology8-K: Restructuring

COO Richard J. Simoncic resigns from Microchip Technology, effective August 17, 2026.

Source

SEC EDGARJul 24, 2026

Current report (Form 8-K)

Microchip Technology 8-K

Filing excerpt

On July 23, 2026, Richard J. Simoncic, Chief Operating Officer of Microchip Technology Incorporated (the "Company"), notified the Company that he was resigning from the Company effective August 17, 2026 to become Chief Executive Officer of Menlo Microsystems, Inc., a private company headquartered in Irvine, California.

sec.gov/Archives/edgar/data/827054/000082705426000031/mchp-20260723.htmRead the full source

Other signals in this filing (2)

Extracted by Autobound

From the Signal API record
Signal
8-K: Restructuring

What this signalsFilings often name leadership changes, deals and spending plans.

Form
8-K
Fiscal year end
07/23
Filed
Jul 24, 2026

The full record

From the Signal API record

Details

CIK
827054
Accession number
0000827054-26-000031
Timeframe
Immediate
Filing year
2026
Why it matters
Change management needs
Signal category
Workforce

Extraction

Confidence
High
Relevance
90%
Sentiment
Negative
Detected
Jul 28, 2026
signal_type
sec-8k
signal_subtype
restructuring

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This page shows a preview. The full sec-8k record in the Signal API and MCP can also have these 8 fields. Some fields are empty for some signals.

Company

  • linkedin_urlValue in the API
  • industriesValue in the API
  • employee_count_lowValue in the API
  • employee_count_highValue in the API
  • revenueValue in the API
  • descriptionValue in the API

Signal

  • signal_nameValue in the API
  • associationValue in the API
Show the full JSONThe record on this page and the API request

GET /v1/signals/be8c5ccc-4f5a-43d1-8d49-c8eefe090d2e returns this record as JSON. POST /v1/companies/enrich returns every signal for microchip.com.

{
  "signal_id": "be8c5ccc-4f5a-43d1-8d49-c8eefe090d2e",
  "signal_type": "sec-8k",
  "signal_subtype": "restructuring",
  "detected_at": "2026-07-28T07:08:53.653+00:00",
  "company": {
    "name": "Microchip Technology",
    "domain": "microchip.com"
  },
  "data": {
    "detail": "The departure of the Chief Operating Officer creates a significant leadership vacuum in operations, likely triggering a review of existing operational strategies, vendor contracts, and technology roadmaps. This executive change presents a 90-day window of opportunity for new vendors as the company reorganizes its operational leadership and responsibilities.",
    "metrics": {
      "timeframe": "immediate"
    },
    "summary": "COO Richard J. Simoncic resigns from Microchip Technology, effective August 17, 2026.",
    "excerpts": "On July 23, 2026, Richard J. Simoncic, Chief Operating Officer of Microchip Technology Incorporated (the \"Company\"), notified the Company that he was resigning from the Company effective August 17, 2026 to become Chief Executive Officer of Menlo Microsystems, Inc., a private company headquartered in Irvine, California.",
    "relevance": 0.9,
    "sentiment": "negative",
    "confidence": "high",
    "source_url": "https://www.sec.gov/Archives/edgar/data/827054/000082705426000031/mchp-20260723.htm",
    "filing_date": "2026-07-24",
    "filing_year": 2026,
    "fiscal_year_end": "07/23",
    "sales_relevance": "Change management needs",
    "signal_category": "workforce"
  }
}

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