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ON Semiconductor has reported Q3 2025 earnings that exceeded consensus expectations, despite year-over-year declines in revenue and earnings. The company has also announced a leadership succession plan, with Alan Campbell set to retire and Thomas L. Deitrich named as his successor. The succession plan underscores the company's focus on stability during a period of business transition. Investors should consider the company's ongoing share buybacks and leadership continuity when evaluating the stock.

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