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Adeia Inc. (NASDAQ: ADEA) names new CRO as senior licensing exec plans exit

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

Adeia Inc. reported organizational changes in its leadership team. Effective January 26, 2026, the company appointed Dr. Mark Kokes as Chief Revenue Officer, expanding his responsibilities from his prior role as Chief Licensing Officer & General Manager, Media. On the same date, Adeia announced that Dana Escobar, Chief Licensing Officer & General Manager, Semiconductor, plans to depart the company effective March 13, 2026.

Under an existing severance agreement dated February 9, 2023, and subject to customary conditions including a release of claims and confidentiality compliance, Mr. Escobar will receive severance payments and benefits previously described in Adeia’s 2025 proxy statement. The company also issued a press release detailing these organizational changes and other matters, which is filed as an exhibit to this report.

Positive

  • None.

Negative

  • None.

Insights

Adeia reshapes senior commercial roles with one promotion and one planned exit.

Adeia elevated Dr. Mark Kokes to Chief Revenue Officer, consolidating commercial responsibility beyond his former role as Chief Licensing Officer & General Manager, Media. This can signal a desire to align licensing and revenue functions more tightly under a single executive, while maintaining continuity by promoting an existing senior leader rather than bringing in an external hire.

In parallel, the company disclosed that Dana Escobar, Chief Licensing Officer & General Manager, Semiconductor, plans to leave effective March 13, 2026, with severance governed by a pre-existing agreement referenced in prior filings. The structured transition and reliance on an established severance arrangement indicate a planned, contractual process rather than an abrupt change. Future company communications may clarify how semiconductor licensing responsibilities are allocated after his departure.

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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

Date of report (Date of earliest event reported): January 22, 2026

 

ADEIA INC.

(Exact name of Registrant as Specified in its Charter)

 

Delaware

001-39304

84-4734590

(State or Other Jurisdiction

of Incorporation)

(Commission

File Number)

(I.R.S. Employer

Identification No.)

3025 Orchard Parkway

San Jose, California 95134

(Address of Principal Executive Offices, including Zip Code)

(408) 473-2500

(Registrant’s telephone number, including area code)

 

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 $0.001 per share)

ADEA

Nasdaq Global Select Market

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

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 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

On January 26, 2026, Adeia Inc. (the “Company” or “Adeia”) announced organizational changes, as further detailed in the press release attached as Exhibit 99.1 hereto. As part of these changes, Dr. Mark Kokes was appointed Chief Revenue Officer effective as of January 26, 2026 (the “Effective Date”), having previously been the Company’s Chief Licensing Officer & General Manager, Media. In addition, the Company announced on the Effective Date that Mr. Dana Escobar will no longer serve as the Company’s Chief Licensing Officer & General Manager, Semiconductor and plans to depart the Company effective March 13, 2026.

In accordance with the Severance Agreement by and between the Company and Mr. Escobar dated February 9, 2023 (the “Escobar Severance Agreement”), subject to Mr. Escobar’s execution of a general release of claims in favor of the Company and continued compliance with the confidentiality and proprietary rights covenant set forth in the Escobar Severance Agreement, Mr. Escobar will be entitled to the severance payments and benefits as described in the Company’s proxy statement on Form DEF 14A, filed with the Securities and Exchange Commission on March 26, 2025.

The foregoing description of the Escobar Severance Agreement does not purport to be complete and is qualified in its entirety by reference to the full text of the Escobar Severance Agreement substantially in the form filed as Exhibit 10.22 to the Company’s Annual Report on Form 10-K for the year ending December 31, 2023.

Item 8.01 Other Events

On January 26, 2026, the Company issued a press release announcing the Company’s organizational changes and other matters. A copy of the press release is attached as Exhibit 99.1 hereto and is incorporated herein by reference.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits.

Exhibit No.

 

Description

 

 

 

99.1

 

Press Release dated January 26, 2026

 

 

 

104

 

Cover Page Interactive Date File (embedded within the Inline XBRL document).

 


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.

Date: January 26, 2026

 

ADEIA INC.

 

 

 

 

 

 

 

 

By:

/s/ Keith A. Jones

 

 

Name:

Keith A. Jones

 

 

 

 

 

 

 

 

Title:

Chief Financial Officer

 


FAQ

What leadership changes did Adeia Inc. (ADEA) announce in this 8-K?

Adeia Inc. announced organizational changes including the appointment of Dr. Mark Kokes as Chief Revenue Officer and the planned departure of Dana Escobar, Chief Licensing Officer & General Manager, Semiconductor, effective March 13, 2026.

Who is Adeia Inc.’s new Chief Revenue Officer and what was his prior role?

Adeia Inc.’s new Chief Revenue Officer is Dr. Mark Kokes. Before this appointment he served as the company’s Chief Licensing Officer & General Manager, Media.

When will Dana Escobar depart Adeia Inc. (ADEA)?

Dana Escobar plans to depart Adeia Inc. effective March 13, 2026, after serving as Chief Licensing Officer & General Manager, Semiconductor.

What governs the severance benefits for Dana Escobar at Adeia Inc.?

Severance benefits for Dana Escobar are governed by a Severance Agreement dated February 9, 2023. Subject to his execution of a general release of claims and compliance with confidentiality and proprietary rights covenants, he is entitled to severance payments and benefits described in Adeia’s proxy statement filed on March 26, 2025.

Did Adeia Inc. issue a press release about these organizational changes?

Yes. Adeia Inc. issued a press release dated January 26, 2026 announcing the organizational changes and other matters. This press release is filed as Exhibit 99.1 and incorporated by reference.

Which SEC item does Adeia Inc. use to disclose these management changes?

Adeia Inc. disclosed these management changes under Item 5.02 (Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers) of Form 8-K.
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