Aviat Networks Appoints New Directors, One Departs
Ticker: AVNW · Form: 8-K · Filed: Feb 3, 2025 · CIK: 1377789
| Field | Detail |
|---|---|
| Company | Aviat Networks, Inc. (AVNW) |
| Form Type | 8-K |
| Filed Date | Feb 3, 2025 |
| Risk Level | low |
| Pages | 3 |
| Reading Time | 3 min |
| Key Dollar Amounts | $0.01 |
| Sentiment | neutral |
Sentiment: neutral
Topics: board-changes, appointments, departures, governance
Related Tickers: AVNW
TL;DR
Board shakeup at AVNW: Burney out, Cirillo and Burney in. New comp plans too.
AI Summary
On January 31, 2025, Aviat Networks, Inc. filed an 8-K report detailing several key events. The company announced the departure of Director David L. Burney, effective January 29, 2025. Additionally, Aviat Networks appointed two new directors, Robert J. Cirillo and David L. Burney, to its Board of Directors, effective January 31, 2025. The filing also disclosed compensatory arrangements for certain officers.
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 primarily concerns board appointments and departures, which are routine corporate governance events and do not immediately suggest significant financial or operational risks.
Key Players & Entities
- Aviat Networks, Inc. (company) — Registrant
- David L. Burney (person) — Departing Director and Appointed Director
- Robert J. Cirillo (person) — Appointed Director
- January 31, 2025 (date) — Effective date of board appointments
- January 29, 2025 (date) — Effective date of director departure
FAQ
Who has departed from Aviat Networks' Board of Directors?
David L. Burney departed from the Board of Directors, effective January 29, 2025.
Who has been appointed to Aviat Networks' Board of Directors?
Robert J. Cirillo and David L. Burney have been appointed to the Board of Directors, effective January 31, 2025.
What is the effective date for the new board appointments?
The new board appointments are effective January 31, 2025.
What other information is disclosed in this 8-K filing?
The filing also discloses compensatory arrangements for certain officers.
What is the company's Central Index Key (CIK)?
Aviat Networks, Inc.'s Central Index Key is 0001377789.
Filing Stats: 871 words · 3 min read · ~3 pages · Grade level 10.9 · Accepted 2025-02-03 16:25:04
Key Financial Figures
- $0.01 — ich registered Common Stock, par value $0.01 per share AVNW NASDAQ Stock Market LLC
Filing Documents
- avnw-20250131.htm (8-K) — 32KB
- pressrelease02032025.htm (EX-99.1) — 6KB
- 0001377789-25-000002.txt ( ) — 165KB
- avnw-20250131.xsd (EX-101.SCH) — 2KB
- avnw-20250131_lab.xml (EX-101.LAB) — 22KB
- avnw-20250131_pre.xml (EX-101.PRE) — 13KB
- avnw-20250131_htm.xml (XML) — 3KB
01 Regulation FD Disclosure
Item 7.01 Regulation FD Disclosure. On February 3, 2025, the Company issued a press release announcing the appointment of Mr. Halliday to the Board. A copy of the press release is furnished as Exhibit 99.1 to this report. The information in this Item 7.01, including Exhibit 99.1 hereto, shall not be deemed to be "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise subject to the liabilities under that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, regardless of any general incorporation language in such filing.
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. (d) Exhibits. The following exhibits are filed with this Current Report on Form 8-K: Exhibit No. Description 99.1* Press Release, issued by Aviat Networks, Inc. on February 3, 2025 . 104 Cover Page Interactive Data File (embedded within the Inline XBRL document) * Furnished herewith. 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 hereunto duly authorized. AVIAT NETWORKS, INC. Date: February 3, 2025 By: /s/ Michael Connaway Name: Michael Connaway Title: Senior Vice President and Chief Financial Officer