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Form 8-K · Current Report · Filed 2024-07-30

CFO Retirement and Successor Appointment Announced by F5, Inc.

F5, Inc. announced on July 26, 2024, that Frank Pelzer, its Executive Vice President and Chief Financial Officer, intends to retire during the first fiscal quarter of 2025. Edward Cooper Werner, the current Senior Vice President of Finance, is set to succeed him. The transition is expected to be completed by December 31, 2024. Additional details will be provided at the time of the transition.

Filer
F5, Inc. FFIV · NASDAQ
Filed
Accession
0001048695-24-000107
CIK
0001048695
Signal
High impactTechnology

Items reported

Item 5.02

Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers

CFO Resignation New CFO Appointed

Market reaction

Close before filing

$177.59

Next session

+14.7%

Since filing

+126.7%

Latest close

$402.57

What happened, not what will happen — closing prices around the filing date.

Precedent

Previous filings from FFIV reporting the same item, with the next session's move:

About F5, Inc.

F5, Inc. operates as a provider of multi-cloud application services, focusing on enhancing the performance, security, and availability of applications for enterprise and service provider customers. The company's solutions are designed to optimize network traffic, improve system reliability, and protect against cybersecurity threats. F5, Inc. serves a wide range of industries, including financial services, telecommunications, government, and healthcare, thereby playing a critical role in the digital infrastructure of these sectors. Its products and services allow organizations to implement secure applications across various cloud environments, increasing operational efficiency and scalability. Founded in Seattle, Washington, F5 has established itself as a market leader in application delivery networking technology, continually evolving to address the complexities of managing modern application architectures. Through its strategic focus on cloud-based solutions and security, F5, Inc. supports customers in navigating the challenges of digital transformation by ensuring robust connectivity between applications, data, and users.

Exchange NASDAQ Industry Software - Infrastructure Company website ↗

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