Form 8-K · Current Report · Filed 2024-06-24
Astera Labs Appoints Bethany Mayer to Board of Directors
On June 23, 2024, Astera Labs, Inc. announced the appointment of Bethany Mayer to its Board of Directors. Mayer, with extensive experience in technology and leadership, brings expertise from her previous roles at Ixia, HP Inc, and Blue Coat Systems, among others. Her addition to the board is expected to support Astera Labs' mission to scale AI and cloud infrastructure solutions. Mayer will also join the Audit Committee, effective July 25, 2024. She will receive a prorated annual retainer and a one-time restricted stock unit award as part of her compensation. There are no conflicts of interest associated with her appointment.
- Filer
- Astera Labs Inc. ALAB · NASDAQ
- Filed
- Accession
- 0001736297-24-000009
- CIK
- 0001736297
- Signal
- Medium impactTechnology
- Source
- Official filing on sec.gov ↗
Items reported
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers
Financial Statements and Exhibits
Market reaction
Close before filing
$59.01
Next session
-2.0%
Since filing
+427.4%
Latest close
$311.23
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Precedent
Previous filings from ALAB reporting the same item, with the next session's move:
Exhibits (1)
About Astera Labs Inc.
Astera Labs Inc. is a semiconductor company that specializes in providing purpose-built connectivity solutions that tackle data and processing bottlenecks in data centers. Its primary function is to design and manufacture chipsets and integrated circuits that optimize the performance of cloud and enterprise datacenter infrastructure. Astera Labs' products are designed to facilitate the smooth transfer of data across high-speed data paths, which is crucial for the operation of machine learning and artificial intelligence workloads. The company serves a diverse range of industries, from cloud service providers to server and storage system developers, addressing the increasing demands for higher data transfer rates and system efficiency. Headquartered in Silicon Valley, Astera Labs plays a pivotal role in advancing semiconductor technology, positioning itself as a key player in the ongoing push towards faster, more reliable data flows in next-generation computing environments. Its innovations are integral to supporting the scalability and performance requirements of modern data-centric applications.
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