ADTRAN Holdings Appoints New Directors
Ticker: ADTN · Form: 8-K · Filed: Aug 2, 2024 · CIK: 926282
Sentiment: neutral
Topics: board-of-directors, appointments, governance
TL;DR
ADTRAN adds 3 new directors to its board, effective July 31st.
AI Summary
On July 31, 2024, ADTRAN Holdings, Inc. announced changes to its Board of Directors. Effective immediately, Michael W. Brady and Michael S. McVee have been appointed as Class II directors, and Thomas R. R. Miller has been appointed as a Class III director. These appointments fill newly created directorships and existing vacancies.
Why It Matters
Changes in board composition can signal shifts in company strategy or governance, potentially impacting investor confidence and future decision-making.
Risk Assessment
Risk Level: low — The filing reports routine board appointments and does not indicate any significant financial or operational changes.
Key Players & Entities
- ADTRAN Holdings, Inc. (company) — Registrant
- Michael W. Brady (person) — Appointed Class II Director
- Michael S. McVee (person) — Appointed Class II Director
- Thomas R. R. Miller (person) — Appointed Class III Director
- July 31, 2024 (date) — Effective date of appointments
FAQ
Who were the individuals appointed to the Board of Directors?
Michael W. Brady, Michael S. McVee, and Thomas R. R. Miller were appointed to the Board of Directors.
What were the effective dates of these appointments?
The appointments were effective as of July 31, 2024.
What classes of directors were appointed?
Michael W. Brady and Michael S. McVee were appointed as Class II directors, and Thomas R. R. Miller was appointed as a Class III director.
What positions did these appointments fill?
The appointments filled newly created directorships and existing vacancies on the Board.
What is the company's principal executive office address?
The company's principal executive office is located at 901 Explorer Boulevard, Huntsville, Alabama 35806-2807.
Filing Stats: 425 words · 2 min read · ~1 pages · Grade level 12.5 · Accepted 2024-08-02 16:14:47
Key Financial Figures
- $0.01 — ch registered Common Stock, Par Value $0.01 per share ADTN Nasdaq Global Select
Filing Documents
- adtn-20240731.htm (8-K) — 34KB
- 0000950170-24-089974.txt ( ) — 144KB
- adtn-20240731.xsd (EX-101.SCH) — 24KB
- adtn-20240731_htm.xml (XML) — 5KB
SIGNATURES
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. ADTRAN Holdings, Inc. Date: August 2, 2024 By: /s/ Ulrich Dopfer Ulrich Dopfer Chief Financial Officer