IRVINE, Calif.--(BUSINESS WIRE)--Skyworks Solutions, Inc. (Nasdaq: SWKS), a developer of analog and mixed-signal semiconductors, announced inducement awards to its newly appointed chief executive officer, Philip Brace, who began his role on Feb. 17, 2025. The Compensation Committee of the Board approved grants including a new hire performance share award (New Hire PSA) for 455,028 shares, a restricted stock unit award for the 2025 fiscal year (FY2025 RSU) for 43,682 shares, and a performance share award for FY2025 (FY2025 PSA) for 65,524 shares, which may increase to 163,810 shares based on performance conditions. This is in accordance with Nasdaq Listing Rule 5635(c)(4). The New Hire PSA will be earned based on achieving stock price hurdles over a four-year performance period, commencing on the second anniversary of Brace's start date. Shares under this award vest after the achievement of price hurdles, contingent on continued service. The FY2025 RSU vests over four years starting from Nov. 5, 2024, while the FY2025 PSA is based on corporate performance metrics consistent with annual awards for other executives. The inducement awards are subject to the terms of award agreements and conditions. About Skyworks Skyworks Solutions, Inc. develops and provides semiconductors for applications across aerospace, automotive, broadband, cellular infrastructure, connected home, defense, entertainment, gaming, industrial, medical, smartphones, tablets, and wearables. The company is a global entity with facilities in Asia, Europe, and North America, and is a member of the S&P 500 index (Nasdaq: SWKS). For more information, visit www.skyworksinc.com.