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Fortinet | 8-K: Fortinet Appoints Maggie Wilderotter to Board of Directors, Christiane Ohlgart as Chief Accounting Officer

SEC announcement ·  Feb 23 22:26
Summary by Moomoo AI
Fortinet, Inc. (Fortinet), a global leader in cybersecurity, announced significant appointments to its executive team and board of directors. On February 16, 2024, the company's board expanded from eight to nine directors with the appointment of Maggie Wilderotter, effective April 19, 2024. Wilderotter, with extensive experience in corporate leadership and governance, will serve on the board until the 2024 annual meeting of stockholders. Her compensation includes an annual cash retainer and restricted stock units (RSUs), which will vest on the day prior to the 2024 Annual Meeting. Additionally, Christiane Ohlgart was appointed as Chief Accounting Officer, effective March 18, 2024. Ohlgart, who previously served as VP Finance at Fortinet and CFO at IGEL Technology, will receive a base salary, target bonus, RSUs, and performance stock units (PSUs) as part of her compensation package. The appointments are part of Fortinet's ongoing efforts to strengthen its leadership and governance as it continues to drive growth and innovation in the cybersecurity industry.
Fortinet, Inc. (Fortinet), a global leader in cybersecurity, announced significant appointments to its executive team and board of directors. On February 16, 2024, the company's board expanded from eight to nine directors with the appointment of Maggie Wilderotter, effective April 19, 2024. Wilderotter, with extensive experience in corporate leadership and governance, will serve on the board until the 2024 annual meeting of stockholders. Her compensation includes an annual cash retainer and restricted stock units (RSUs), which will vest on the day prior to the 2024 Annual Meeting. Additionally, Christiane Ohlgart was appointed as Chief Accounting Officer, effective March 18, 2024. Ohlgart, who previously served as VP Finance at Fortinet and CFO at IGEL Technology, will receive a base salary, target bonus, RSUs, and performance stock units (PSUs) as part of her compensation package. The appointments are part of Fortinet's ongoing efforts to strengthen its leadership and governance as it continues to drive growth and innovation in the cybersecurity industry.
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