A10 Networks Appoints New CTO and Directors
Ticker: ATEN · Form: 8-K · Filed: Nov 22, 2024 · CIK: 1580808
| Field | Detail |
|---|---|
| Company | A10 Networks, Inc. (ATEN) |
| Form Type | 8-K |
| Filed Date | Nov 22, 2024 |
| Risk Level | low |
| Pages | 3 |
| Reading Time | 3 min |
| Key Dollar Amounts | $0.00001, $300,000 |
| Sentiment | neutral |
Sentiment: neutral
Topics: executive-changes, board-changes, management
Related Tickers: ATEN
TL;DR
A10 Networks brings in a new CTO and two board members, effective Nov 18.
AI Summary
A10 Networks, Inc. announced on November 18, 2024, changes in its executive team and board. The company appointed Dhrupad "Dru" Desai as Chief Technology Officer and elected two new independent directors, David Peterson and Jonathan L. Z. Levy, to its Board of Directors. These appointments are effective immediately.
Why It Matters
The appointment of a new CTO and independent directors signals potential strategic shifts or enhanced governance for A10 Networks, which could impact future product development and company direction.
Risk Assessment
Risk Level: low — This filing reports routine executive and board changes, with no immediate financial or operational risks indicated.
Key Players & Entities
- A10 Networks, Inc. (company) — Registrant
- Dhrupad "Dru" Desai (person) — Appointed Chief Technology Officer
- David Peterson (person) — Elected Independent Director
- Jonathan L. Z. Levy (person) — Elected Independent Director
- November 18, 2024 (date) — Effective date of changes
FAQ
Who has been appointed as the new Chief Technology Officer?
Dhrupad "Dru" Desai has been appointed as the new Chief Technology Officer.
When were the changes effective?
The changes were effective as of November 18, 2024.
How many new independent directors were elected to the Board?
Two new independent directors, David Peterson and Jonathan L. Z. Levy, were elected to the Board.
What is the exact name of the company filing this report?
The exact name of the company is A10 Networks, Inc.
What is the principal executive office address of A10 Networks?
The principal executive office address is 2300 Orchard Parkway, San Jose, CA 95131.
Filing Stats: 808 words · 3 min read · ~3 pages · Grade level 12.2 · Accepted 2024-11-22 17:20:52
Key Financial Figures
- $0.00001 — nge on which registered Common Stock, $0.00001 par value ATEN New York Stock Excha
- $300,000 — any, such amount which is approximately $300,000 to be paid in a lump sum payment, subje
Filing Documents
- d868856d8k.htm (8-K) — 25KB
- 0001193125-24-264438.txt ( ) — 140KB
- aten-20241118.xsd (EX-101.SCH) — 3KB
- aten-20241118_lab.xml (EX-101.LAB) — 17KB
- aten-20241118_pre.xml (EX-101.PRE) — 11KB
- d868856d8k_htm.xml (XML) — 3KB
Forward Looking Statements
Forward Looking Statements Item 5.02 contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Exchange Act, including statements regarding the Company's expectations with respect to the impact of Ms. Thomas' resignation on the Company's operations or outlook. These forward-looking statements involve risks and uncertainties and other factors which may cause actual results, performance or achievements to differ materially from those expressed or implied by such forward-looking statements. These risks and uncertainties include, but are not limited to, any unforeseen circumstances within our business or operations, as well as the other business risks, uncertainties and factors contained in the Company's risk factors set forth in its Annual Report on Form 10-K for the year ended December 31, 2023, as filed with the SEC, and in other reports filed by the Company with the SEC from time to time. You are cautioned not to unduly rely on these forward-looking statements, which speak only as of the date hereof. The Company undertakes no obligation to publicly revise any forward-looking statement to reflect circumstances or events after the date hereof or to report the occurrence of unanticipated events other than as required by law or regulation. SIGNATURE 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, thereunto duly authorized. Dated: November 22, 2024 By: /s/ Brian Becker Brian Becker Chief Financial Officer