Verisign Inc.
VeriSign, Inc. Announces Retirement of CFO George E. Kilguss III and Details Consulting Agreement
Summary
VeriSign, Inc. announced the retirement of George E. Kilguss III, Executive Vice President and Chief Financial Officer, effective May 31, 2025. In connection with his retirement, the company entered into a Letter Agreement for Consulting Services with Mr. Kilguss, under which he will provide consulting services for a fee of $50,000 per month, not to exceed $100,000, from June 2, 2025, through July 24, 2025. Mr. Kilguss will also be reimbursed for reasonable travel and lodging expenses. A copy of the Consulting Agreement is filed as Exhibit 10.1 to this Current Report on Form 8-K.
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Exhibits (1)
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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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