Ganesh Moorthy Retiring as Chief Executive Officer and President of Microchip Technology Incorporated; Steve Sanghi Appointed as Interim Chief Executive Officer and President [Yahoo! Finan...
![Yahoo! Finance](../../../Content/images/providers/Yahoo! Finance.png)
Microchip Technology Incorporated (MCHP)
Last microchip technology incorporated earnings: 2/4 04:10 pm
Check Earnings Report
US:NASDAQ Investor Relations:
microchip.com/investors
Company Research
Source: Yahoo! Finance
secure embedded control solutions, today announced that Ganesh Moorthy is retiring as Chief Executive Officer, President and as a member of the Board of Directors in connection with his 65th birthday at the end of November. The Board has appointed Steve Sanghi as interim Chief Executive Officer and President effective today. Mr. Sanghi will remain as Chair of the Board. “On behalf of the entire Board, we thank Ganesh for his service to Microchip over the past 23 years and we wish him well with his retirement. He has been a key member of our management team and served in many important roles during his tenure at Microchip including serving as President and CEO for the last four years during a very tumultuous cycle in our industry,” said Steve Sanghi. Mr. Sanghi continued, “I look forward to serving again as CEO and President to lead Microchip through this industry downturn and return the company to growth in revenue and profitability and enhance stockholder value.” Cautionary State
Show less
Read more
Impact Snapshot
Event Time:
MCHP
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
MCHP alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
MCHP alerts
High impacting Microchip Technology Incorporated news events
Weekly update
A roundup of the hottest topics
MCHP
News
- Microchip Technology Incorporated (NASDAQ: MCHP) was downgraded by analysts at StockNews.com from a "hold" rating to a "sell" rating.MarketBeat
- Microchip Technology (NASDAQ:MCHP) Is Due To Pay A Dividend Of $0.455 [Yahoo! Finance]Yahoo! Finance
- Bearish: Analysts Just Cut Their Microchip Technology Incorporated (NASDAQ:MCHP) Revenue and EPS estimates [Yahoo! Finance]Yahoo! Finance
- Stocks Retreat on Higher Bond Yields and Tariff Angst [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
- Why Microchip Technology (MCHP) Shares Are Getting Obliterated Today [Yahoo! Finance]Yahoo! Finance
MCHP
Earnings
- 2/6/25 - Miss
MCHP
Sec Filings
- 2/6/25 - Form 10-Q
- 2/6/25 - Form 8-K
- 2/5/25 - Form SCHEDULE
- MCHP's page on the SEC website