Adeia Inc. 8-K

What Happened

• Adeia Inc. announced organizational changes in an 8-K and attached press release (Exhibit 99.1). Effective January 26, 2026, Dr. Mark Kokes was appointed Chief Revenue Officer after serving as Chief Licensing Officer & General Manager, Media. The company also disclosed that Dana Escobar will no longer serve as Chief Licensing Officer & General Manager, Semiconductor and plans to depart effective March 13, 2026.

Key Details

• Dr. Mark Kokes appointment as Chief Revenue Officer effective January 26, 2026.
• Dana Escobar’s departure effective March 13, 2026.
• Escobar is covered by a Severance Agreement dated February 9, 2023; severance payments/benefits are conditioned on his execution of a general release and compliance with confidentiality/proprietary covenants.
• The severance terms referenced are those described in Adeia’s proxy statement on Form DEF 14A filed March 26, 2025.

Why It Matters

• Leadership changes can affect licensing and revenue strategy execution; appointing Kokes to CRO signals an organizational focus on revenue oversight and go-to-market activity.
• Escobar’s planned departure and the referenced severance agreement clarify expected cash and contractual obligations tied to the transition (subject to release and covenant conditions), which investors may consider when assessing near-term operating continuity and potential cash impacts.
• The company filed the update via Form 8-K and provided a press release for further details, allowing investors to review the official terms and timing of the changes.