UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
 
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

 May 15, 2025
Date of Report (Date of earliest event reported)

ON Semiconductor Corporation
(Exact name of registrant as specified in its charter)


Delaware
001-39317
36-3840979
(State or other jurisdiction of incorporation)
(Commission File Number)
(IRS Employer Identification No.)

ON Semiconductor Corporation
5701 N. Pima Road
Scottsdale, Arizona
  
85250
(Address of principal executive offices)
  
(Zip Code)
 
(602) 244-6600
(Registrant’s telephone number, including area code)

(Former name or former address, if changed since last report.)
 

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:

☐
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐
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
Symbol(s)
  
Name of each exchange
on which registered
Common Stock, par value $0.01 per share
  
ON
  
The Nasdaq Stock Market LLC

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  ☐

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 5.07.
Submission of Matters to a Vote of Security Holders.
 
(a) The 2025 Annual Meeting of Stockholders (the “Annual Meeting”) of ON Semiconductor Corporation (the “Company”) was held on May 15, 2025. The proposals submitted to the stockholders of the Company at the Annual Meeting and the final voting results for each are set forth below. The proposals are described in detail in the Company’s definitive proxy statement filed with the Securities and Exchange Commission on April 3, 2025.
 
(b) Proposal No. 1. The Company’s stockholders elected eight directors of the Company, each for a one-year term expiring at the 2026 annual meeting of stockholders and until their successors are duly elected and qualified, or until the earlier time of their death, resignation or removal, as set forth below:

 
Name
  
Votes
For
  
Votes
Against
  
Abstentions
  
Broker Non-Votes
 
Alan Campbell
  
348,321,376
  
8,316,317
  
357,509
  
23,689,568
 
Susan K. Carter
  
349,813,034
  
6,757,978
  
424,190
  
23,689,568
 
Thomas L. Deitrich
  
348,062,884
  
8,525,506
  
406,812
  
23,689,568
 
Hassane El-Khoury
  
355,780,084
  
1,022,764
  
192,354
  
23,689,568
 
Bruce E. Kiddoo
  
356,002,559
  
801,516
  
191,127
  
23,689,568
 
Paul A. Mascarenas
  
325,650,007
  
30,687,295
  
657,900
  
23,689,568
 
Gregory L. Waters
  
353,947,796
  
2,857,179
  
190,227
  
23,689,568
 
Christine Y. Yan
  
344,372,507
  
12,432,339
  
190,356
  
23,689,568

Proposal No. 2. The Company’s stockholders approved the advisory (non-binding) resolution to approve the compensation of the Company’s named executive officers, as set forth below:

Votes For
  
Votes Against
  
Abstentions
  
Broker Non-Votes
307,108,359
  
48,735,778
  
1,151,065
  
23,689,568

Proposal No. 3. The Company’s stockholders ratified the selection of PricewaterhouseCoopers LLP as the Company’s independent registered public accounting firm for the year ending December 31, 2025, as set forth below:

Votes For
  
Votes Against
  
Abstentions
356,693,947
  
23,777,624
  
213,199

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.

   
ON SEMICONDUCTOR CORPORATION
(Registrant)
     
Date: May 21, 2025
By:
/s/ Paul Dutton
   
Paul Dutton
Senior Vice President, Chief Legal Officer and Secretary