Kevin Beebe
SKYWORKS SOLUTIONSAbout Kevin L. Beebe
Independent director of Skyworks Solutions (SWKS) since 2004; age 66. Beebe is President & CEO of 2BPartners (since 2007) and a founding partner of Astra Capital Management (since 2014), with two decades of operating executive experience in wireless telecom (Group President of Operations at ALLTEL) . He is independent under Nasdaq rules and currently chairs the Nominating & Corporate Governance Committee (NCGC) .
Past Roles
| Organization | Role | Tenure | Notes/Impact |
|---|---|---|---|
| 2BPartners, LLC | President & CEO | 2007–present | Provides strategic, financial, and operational advice to PE investors and management . |
| Astra Capital Management | Founding Partner | 2014–present | Private equity firm; Beebe co-founded the firm . |
| ALLTEL Corporation | Group President of Operations | 1998–(prior to 2007) | Senior operating leadership in wireless telecom . |
External Roles
| Company | Role | Status | Committees/Notes |
|---|---|---|---|
| SBA Communications Corporation | Director | Current | Not disclosed in SWKS proxy . |
| Frontier Communications Parent, Inc. | Director | Current | Interlock exists with SWKS director Maryann Turcke, who also serves on Frontier’s board . |
| Altimar Acquisition Corporation | Director | Past (until 2021) | SPAC; departed in 2021 . |
| Altimar Acquisition Corp. II | Director | Past (until 2021) | SPAC; departed in 2021 . |
Board Governance
- Committee assignments: Chair, Nominating & Corporate Governance Committee (NCGC) .
- Committee activity: NCGC met 3 times in FY2024; membership includes Beebe (Chair), McBride, McGlade, Turcke .
- Independence and board structure: 8 of 9 directors are independent (including Beebe); independent directors held 4 executive sessions in FY2024; the Board met 5 times .
- Board refreshment and evaluations: NCGC oversees annual evaluations of Board, committees, and individual directors; the Board has added four new directors since 2022 .
- Director commitments policy: Non-executive directors capped at four total public company boards (including SWKS); all 2025 nominees comply .
- Attendance: Each incumbent director attended at least 75% of Board and applicable committee meetings in FY2024; all directors then in office attended the 2024 annual meeting .
- Conduct policies: Prohibitions on hedging and pledging of Company securities apply to directors; code of ethics and insider trading policy in place .
Fixed Compensation
| Component | Amount/Structure | FY2024 Actual (Beebe) |
|---|---|---|
| Annual cash retainer (non-employee director) | $90,000 (paid quarterly) | $102,500 (fees earned/paid in cash) |
| Committee chair fees | NCGC Chair: $15,000 annually (paid quarterly) | Included in fees total |
| Committee membership fees | NCGC member: $7,500; Audit: $15,000; Compensation: $10,000 (non-chair) | Not separately disclosed; reflected in total fees |
| Meeting fees | Not disclosed/none specified | N/A |
Performance Compensation
| Component | Grant Value | Shares/Grant | Vesting | Change-in-Control Terms |
|---|---|---|---|---|
| Annual RSU grant (non-employee director) | ~$225,000 grant value; Chairman ~$250,000 | 2,272 RSUs granted May 14, 2024 (grant date fair value $225,042) | Annual RSUs vest on first anniversary of grant; initial RSU grants vest in three equal annual installments | Director RSUs fully vest upon a change in control under the 2008 Director LTIP |
No director performance-based equity metrics are disclosed; non-employee director equity compensation consists of time-based RSUs .
Other Directorships & Interlocks
| Network Node | Connection |
|---|---|
| Frontier Communications Parent, Inc. | Both Kevin Beebe and SWKS director Maryann Turcke are current directors, creating an interlock that may influence information flow and perspectives . |
| Securities ownership concentration | Vanguard (12.97%) and BlackRock (10.28%) are significant SWKS holders per 13G filings; governance engagement may include these institutions . |
Expertise & Qualifications
- Two decades as wireless telecom operating executive and PE advisor, with extensive capital markets relationships and strategic/operational expertise relevant to SWKS’s end markets and governance work .
- Independent director; not designated as Audit Committee financial expert (experts named: McGlade, Guerin, King, Schriesheim) .
Equity Ownership
| Metric | Value | As of | Notes |
|---|---|---|---|
| Beneficial ownership (shares) | 50,733 | March 1, 2025 | “Less than 1%” of outstanding per proxy (*) |
| Unvested RSUs | 2,272 | Sept 27, 2024 | Director unvested RSUs count at FY2024 year-end |
| Unvested RSUs | 2,078 | March 1, 2025 | Director unvested RSUs count as of proxy ownership table date |
| Pledged shares | Prohibited | Policy | Company prohibits pledging by directors |
| Hedging | Prohibited | Policy | Prohibitions on hedging/speculative transactions |
| Ownership guidelines | 5x base director compensation (currently $90,000) divided by 12-month average price | Policy | All non-employee directors met the guidelines (Turcke exempt until 5th anniversary) |
Governance Assessment
- Strengths: Independent status; long-tenured governance presence since 2004; chairs NCGC overseeing board composition, evaluations, and director commitments; compliance with robust stock ownership requirements and anti-hedging/anti-pledging policies; no related-party transactions >$120,000 disclosed since Sept 30, 2023 .
- Risks/Red Flags: Long tenure (2004–present) may raise refreshment/independence optics despite recent board additions; interlock with Maryann Turcke at Frontier could create perceived network influence; private equity affiliations could pose potential conflicts if portfolio overlaps arise (no related-party transactions disclosed) .
- Engagement signals: Company reports regular investor outreach (54% outstanding contacted) and strong say-on-pay support (88% in 2024), indicating constructive governance dialogue; NCGC reviews commitments annually, and nominees comply with board service limits .