Verisign Inc.
VeriSign Announces New CFO Appointment and Compensation Details
Summary
VeriSign, Inc. announced on February 13, 2025, the appointment of John D. Calys as its new Chief Financial Officer, effective upon the retirement of current CFO George Kilguss on May 31, 2025. The Compensation Committee approved a compensation package for Mr. Calys, including an annual base salary of $500,000, an annual target bonus of up to 100% of his base salary, and restricted stock units valued at approximately $1.4 million, with vesting contingent on employment and performance criteria.
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About Verisign Inc.
Verisign Inc. is a technology-based company primarily known for providing domain name registry services and internet infrastructure assurance. Its core function revolves around the operation of a variety of top-level domains (TLDs), including the ubiquitous .com and .net domains, which are foundational elements of internet navigation. Verisign’s robust infrastructure supports critical internet functions, ensuring the stability and security of these domain names on a global scale. By managing the Domain Name System (DNS) root zone files, Verisign plays a pivotal role in enabling reliable online communication and digital transactions. The company is influential in sectors such as e-commerce, cybersecurity, and information technology, impacting businesses and individual users worldwide. Headquartered in Reston, Virginia, Verisign stands as a key entity in maintaining the seamless functioning of the internet, underscoring its essential presence in the digital economy. Its stability and reliable services characterize the company as a cornerstone in the tech ecosystem, helping to ensure the trust and efficiency of online operations across diverse industries.
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