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Form 8-K · Current Report · Filed 2024-11-04

Keysight Technologies Announces Retirement of Senior Vice President and Chief Customer Officer

On November 4, 2024, Keysight Technologies, Inc.

Filer
Keysight Technologies Inc. KEYS · NYSE
Filed
Accession
0001601046-24-000065
CIK
0001601046
Signal
High impactTechnology

Details

announced that Mark Wallace, Senior Vice President and Chief Customer Officer, will retire by the end of May 2025. Mr. Wallace has been with the company since November 2016 and has served in his current role since September 2022. His retirement is due to personal reasons and not a result of any disagreement with the company.

Items reported

Item 5.02

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

Key Executive Departure

Market reaction

Close before filing

$151.55

Next session

+2.2%

Since filing

+110.5%

Latest close

$319.08

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

About Keysight Technologies Inc.

Keysight Technologies Inc. is an industry leader in the development and production of electronic measurement solutions. This company plays a crucial role in enabling technological advancement by providing essential testing equipment for sectors such as telecommunications, automotive, aerospace, and defense. Keysight's products and services are pivotal for research and development, ensuring that new technologies meet rigorous standards for performance and reliability. Notable for its comprehensive suite of test and measurement solutions, Keysight Technologies offers software, hardware, and service capabilities that span the entire product development lifecycle - from design simulation to prototype validation, manufacturing testing, and optimization in the operational phase. Established as a standalone company from Agilent Technologies in 2014, it has carved a niche for its precise instrumentation and software tools that help companies accelerate innovation across fields like 5G, Internet of Things (IoT), and advanced computing. In the financial markets, Keysight Technologies is recognized for its substantial contributions to enabling modernization and the rollout of next-generation communication networks. The company’s presence in rapidly evolving industries highlights its significance as a driver of growth and innovation within the global tech ecosystem.

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