Thad Trent
Summary
Thad Trent has served as onsemi’s Executive Vice President, Chief Financial Officer, Treasurer and Principal Accounting Officer since February 2021. ([investor.onsemi.com](https://investor.onsemi.com/management/thad-trent?utm_source=openai))
Biography
Trent joined onsemi after serving as Chief Financial Officer of Cypress Semiconductor, where he was responsible for strategic planning, accounting, investor relations, tax, corporate development and information technology. He held the Cypress CFO role until the company was sold to Infineon in April 2020. ([investor.onsemi.com](https://investor.onsemi.com/management/thad-trent?utm_source=openai)) The company describes Trent as a technology-industry finance executive with experience at publicly traded companies and startups. onsemi credits his five-year tenure at Cypress with revenue growth from $723 million to $2.5 billion and a fivefold increase in enterprise value. He earned a bachelor’s degree in business administration and finance from San Diego State University. ([investor.onsemi.com](https://investor.onsemi.com/management/thad-trent?utm_source=openai))
Notable achievements
- At Cypress, led finance and corporate-development functions during a period when the company’s revenue increased from $723 million to $2.5 billion. ([investor.onsemi.com](https://investor.onsemi.com/management/thad-trent?utm_source=openai))
- Helped manage onsemi’s transition after joining as CFO in February 2021, including financial planning, accounting, investor relations and capital allocation. ([investor.onsemi.com](https://investor.onsemi.com/management/thad-trent?utm_source=openai))
- In 2025, onsemi generated $1.4 billion of free cash flow and returned 100% of annual free cash flow to shareholders through share repurchases. ([onsemi.com](https://www.onsemi.com/company/newsroom/news-and-insights/onsemi-reports-fourth-quarter-and-full-year-2025-results?utm_source=openai))
- Supported cost-structure and operating-leverage initiatives; in the first quarter of 2026, onsemi reported operating-income growth that exceeded revenue growth. ([investor.onsemi.com](https://investor.onsemi.com/news-releases/news-release-details/onsemi-reports-first-quarter-2026-results?utm_source=openai))
- The company announced a new authorization for up to $6 billion of share repurchases over three years in February 2026. ([onsemi.com](https://www.onsemi.com/company/newsroom/news-and-insights/onsemi-reports-fourth-quarter-and-full-year-2025-results?utm_source=openai))
Problem areas / controversies
- Trent’s tenure includes the February 2025 restructuring plan, which targeted approximately 2,400 job reductions and was intended to align spending with weaker business trends. ([sec.gov](https://www.sec.gov/Archives/edgar/data/1097864/000119312525035138/d928094d8k.htm?utm_source=openai))
- The 2025 manufacturing realignment resulted in $496.0 million of non-cash impairment charges plus $103.9 million of other exit-related costs, showing that the company’s capacity and cost base required significant adjustment. ([investor.onsemi.com](https://investor.onsemi.com/static-files/e062d441-b39d-45e0-b1be-23f6a6e11666?utm_source=openai))
- onsemi’s 2024–2025 results were affected by weak automotive and industrial demand, inventory digestion and lower utilization, creating pressure on margins and financial planning. ([sec.gov](https://www.sec.gov/Archives/edgar/data/1097864/000162828025004557/on-20241231.htm?utm_source=openai))
- The reviewed public filings and reputable reports did not identify a major personal regulatory or misconduct controversy involving Trent; the principal concerns tied to his role are operating-cycle weakness, restructuring costs and execution of the company’s capital-allocation plan. ([sec.gov](https://www.sec.gov/Archives/edgar/data/1097864/000109786426000010/on-20260401.htm?utm_source=openai))