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Form 8-K · Current Report · Filed 2024-02-23

Fortinet Appoints Mary Agnes 'Maggie' Wilderotter to Board and Christiane Ohlgart as Chief Accounting Officer

Fortinet, Inc. announced on February 16, 2024, the appointment of Mary Agnes 'Maggie' Wilderotter to its Board of Directors, effective April 19, 2024, and the appointment of Christiane Ohlgart as Chief Accounting Officer, effective March 18, 2024. Ms. Wilderotter, a seasoned executive with extensive board experience, will serve until the 2024 annual meeting of stockholders. Ms. Ohlgart, previously the Company's VP Finance, will receive an annual base salary of $450,000 and is expected to be granted restricted stock units and performance stock units. Both appointments follow the Company's standard compensation and indemnification policies.

Filer
Fortinet Inc. FTNT · NASDAQ
Filed
Accession
0001262039-24-000011
CIK
0001262039
Signal
High impactTechnology

Items reported

Item 5.02

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

New CEO Appointed New CAO Appointed
Item 9.01

Financial Statements and Exhibits

No viable tag

Market reaction

Close before filing

$66.96

Next session

+2.2%

Since filing

+141.9%

Latest close

$161.95

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

Precedent

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

Exhibits (1)

About Fortinet Inc.

Fortinet Inc. is a global leader in cybersecurity solutions, primarily focused on developing robust security systems to protect against cyber threats. The company's extensive product line includes firewalls, antivirus, intrusion prevention systems, and endpoint security, designed to provide comprehensive protection for networks, cloud infrastructures, and critical applications. Fortinet serves a vast array of clients across different sectors, including enterprises, service providers, and government organizations, addressing their evolving security needs in an increasingly digitized and interconnected business environment. Founded in 2000 and headquartered in Sunnyvale, California, Fortinet's commitment to innovation is evident through its investment in advanced technologies like artificial intelligence and machine learning, enhancing the efficiency and responsiveness of its security solutions. The company’s significant role in the market is underscored by its FortiGuard Labs, delivering real-time intelligence and proactive threat detection to a global clientele. As a pivotal player in the cybersecurity industry, Fortinet helps drive digital transformation while ensuring digital integrity, maintaining a critical stance in safeguarding sensitive data and maintaining secure digital operations across the world.

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