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Form 8-K/A · Current Report · Filed 2025-05-15

Fortinet Announces CFO Transition

On May 13, 2025, Fortinet, Inc. announced the retirement of its Chief Financial Officer, Keith Jensen, effective May 15, 2025, and the appointment of Christiane Ohlgart as the new Chief Financial Officer, effective the same date. Ohlgart will also continue to serve as the Principal Accounting Officer. The Board approved her annual base salary, target bonus, and expected equity awards.

Filer
Fortinet Inc. FTNT · NASDAQ
Filed
Accession
0001262039-25-000020
CIK
0001262039
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

$103.23

Next session

+1.3%

Since filing

+56.9%

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:

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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