Akamai Technologies Appoints New Chief Legal Officer

TL;DR

Akamai's CLO is out, Sarah Quinn is in starting July 12th. New CLO gets $475k base + equity.

AI Summary

On July 7, 2025, Akamai Technologies, Inc. announced the departure of Chief Legal Officer, Robert Blum, effective July 12, 2025. Concurrently, Akamai appointed Sarah Quinn as the new Chief Legal Officer, also effective July 12, 2025. Quinn will receive an annual base salary of $475,000 and will be eligible for equity awards.

Why It Matters

This leadership change in a key legal role could impact the company's strategic direction and regulatory compliance.

Risk Assessment

Risk Level: medium — Changes in executive leadership, especially in legal roles, can introduce uncertainty regarding future strategy and operations.

Key Numbers

• $475,000 — Annual Base Salary (Sarah Quinn's compensation as new Chief Legal Officer.)

Key Players & Entities

• Akamai Technologies, Inc. (company) — Registrant
• Robert Blum (person) — Departing Chief Legal Officer
• Sarah Quinn (person) — Appointed Chief Legal Officer
• July 7, 2025 (date) — Date of Report
• July 12, 2025 (date) — Effective date of departure and appointment
• $475,000 (dollar_amount) — Sarah Quinn's annual base salary

FAQ

From the Filing

0001086222-25-000196.txt : 20250708 0001086222-25-000196.hdr.sgml : 20250708 20250708070907 ACCESSION NUMBER: 0001086222-25-000196 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 13 CONFORMED PERIOD OF REPORT: 20250707 ITEM INFORMATION: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers ITEM INFORMATION: Regulation FD Disclosure ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20250708 DATE AS OF CHANGE: 20250708 FILER: COMPANY DATA: COMPANY CONFORMED NAME: AKAMAI TECHNOLOGIES INC CENTRAL INDEX KEY: 0001086222 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-BUSINESS SERVICES, NEC [7389] ORGANIZATION NAME: 07 Trade & Services EIN: 043432319 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-27275 FILM NUMBER: 251109516 BUSINESS ADDRESS: STREET 1: 145 BROADWAY CITY: CAMBRIDGE STATE: MA ZIP: 02142 BUSINESS PHONE: 6174443000 MAIL ADDRESS: STREET 1: 145 BROADWAY CITY: CAMBRIDGE STATE: MA ZIP: 02142 8-K 1 akam-20250707.htm 8-K akam-20250707 0001086222 false 0001086222 2025-07-07 2025-07-07 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): July 7, 2025 AKAMAI TECHNOLOGIES, INC. (Exact name of registrant as specified in its charter) Delaware 000-27275 04-3432319 (State or other jurisdiction of incorporation) (Commission File Number) (IRS Employer Identification No.) 145 Broadway Cambridge , Massachusetts 02142 (Address of principal executive offices) (Zip Code) Registrant’s telephone number, including area code: ( 617 ) 444-3000 Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: ☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) ☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to Section 12(b) of the Act: Title of each class Trading Symbol(s) Name of each exchange on which registered Common Stock, $.01 par value AKAM Nasdaq Global Select Market Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company ☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐ Item 5.02    Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. Effective July 7, 2025, Janaki Akella and Bas Burger were elected to fill two vacancies on the Board of Directors (the “Board”) of Akamai Technologies, Inc. (“Akamai” or the “Company”). Dr. Akella and Mr. Burger were elected to serve until the Company’s 2026 Annual Meeting of Stockholders or until their successors are duly appointed and qualified. Dr. Akella was also appointed to the Audit Committee of the Board and the Finance Committee of the Board, and Mr. Burger was appointed to the Talent, Leadership and Compensation Committee of the Board and the Environmental, Social and Governance Committee of the Board. Dr. Akella and Mr.