Viasat Appoints New CFO, Scott Morris
Ticker: VSAT · Form: 8-K · Filed: Sep 9, 2024 · CIK: 797721
Sentiment: neutral
Topics: executive-appointment, cfo, compensation
TL;DR
Viasat names Scott Morris new CFO, effective Sept 9. Base salary $450k.
AI Summary
Viasat Inc. announced on September 5, 2024, that it has appointed Scott W. Morris as its new Chief Financial Officer, effective September 9, 2024. Morris will receive an annual base salary of $450,000 and will be eligible for a discretionary annual bonus. The company also reported on the election of new directors and the approval of an amendment to its 2023 Equity Incentive Plan.
Why It Matters
The appointment of a new CFO is a significant leadership change that could impact the company's financial strategy and investor confidence.
Risk Assessment
Risk Level: medium — Changes in key executive positions like CFO can introduce uncertainty regarding future financial strategies and performance.
Key Numbers
- $450,000 — CFO Annual Base Salary (Scott Morris's starting compensation.)
Key Players & Entities
- Viasat Inc. (company) — Registrant
- Scott W. Morris (person) — Appointed Chief Financial Officer
- $450,000 (dollar_amount) — Annual base salary for new CFO
- September 5, 2024 (date) — Date of Report
- September 9, 2024 (date) — Effective date for new CFO
FAQ
Who has been appointed as the new Chief Financial Officer of Viasat Inc.?
Scott W. Morris has been appointed as the new Chief Financial Officer of Viasat Inc.
When is Scott W. Morris's appointment as CFO effective?
Scott W. Morris's appointment as CFO is effective September 9, 2024.
What is the annual base salary for the new CFO?
The annual base salary for the new CFO, Scott W. Morris, is $450,000.
What other key items were reported in this 8-K filing?
The filing also reported on the election of directors and the approval of an amendment to Viasat's 2023 Equity Incentive Plan.
What is Viasat Inc.'s principal executive office address?
Viasat Inc.'s principal executive office is located at 6155 El Camino Real, Carlsbad, California 92009.
Filing Stats: 967 words · 4 min read · ~3 pages · Grade level 12.6 · Accepted 2024-09-06 20:03:29
Key Financial Figures
- $0.0001 — ch Registered) Common Stock, par value $0.0001 per share VSAT The Nasdaq Stock Mar
Filing Documents
- d883674d8k.htm (8-K) — 35KB
- d883674dex101.htm (EX-10.1) — 135KB
- g883674g0828044357291.jpg (GRAPHIC) — 2KB
- 0001193125-24-215312.txt ( ) — 329KB
- vsat-20240905.xsd (EX-101.SCH) — 3KB
- vsat-20240905_lab.xml (EX-101.LAB) — 17KB
- vsat-20240905_pre.xml (EX-101.PRE) — 11KB
- d883674d8k_htm.xml (XML) — 3KB
Financial Statements and Exhibits
Financial Statements and Exhibits. Exhibits. Exhibit Number Description of Exhibit 10.1 1996 Equity Participation Plan of Viasat, Inc. (As Amended and Restated Effective September 5, 2024) 104 Cover Page Interactive Data File (embedded within the Inline XBRL document) 2
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. Date:September 6, 2024 Viasat, Inc. By: /s/ Brett Church Brett Church Associate General Counsel 3